Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / Mastering the Sales Conversation: From Open to Close
Transcript
- 0:01Hello and welcome to the show. Today is one of those art and
- 0:04about episodes where I expect the usual interruptions.
- 0:07So let's get straight down to business.
- 0:09And today the question that I'm going to tackle is a it's an old
- 0:13one, but it's a good one. And that is how you can get your
- 0:15sales people to be good closers. Remember I told you guys that in
- 0:20the past on the podcast that had been paying attention to those
- 0:23of us who are self-employed and, you know, people who take
- 0:26financial responsibility for the growth of their businesses.
- 0:29But then I have been paying attention recently to those of
- 0:33you who do not own the business, but who work for someone else
- 0:37who owns the business. And so, yeah, that's the way
- 0:40that we're going to tackle the subject today.
- 0:43We're going to look at how to get your sales people, that's if
- 0:46you are the business owner and you have other people selling on
- 0:48your behalf, how to get them to be good closers, how to close
- 0:52more deals. Now, before we do that, I'd like
- 0:54to go into listener shout outs. And today I'm going to shout out
- 0:58a saucer at Tem Guaye. Sorry for not pronouncing your
- 1:02name correctly. Interesting spelling of your
- 1:05name, Esosa, by the way, because my goddaughter is Esiosa.
- 1:09But people keep telling me that, yes, even though it's spelled
- 1:11Esiosa, I shouldn't say Esiosa. I should say Esiosa.
- 1:15So yeah, I'm going to assume that you that it's the same name
- 1:18for you, but that you're spelling yours phonetically.
- 1:21So shout out to Esosa at Tem Guaye, who reached out to me on
- 1:27LinkedIn. Well, we've been having a chat
- 1:29on LinkedIn because she shared one of the really old posts that
- 1:32I put up with some comments on it.
- 1:34And so we got chatting in the comment section.
- 1:36So Esosa is a business and sales manager for Land Republic, and
- 1:41she also describes herself as a financial literacy advocate.
- 1:46So if you're interested in those sorts of things, hit up Esosa at
- 1:49Tem Weyer on LinkedIn. Her Esosa is spelt ESOSA.
- 1:56That's for those of us who are familiar with the essay of SAR
- 1:59spelling, but hers is Esosa. So you can reach out to her on
- 2:02LinkedIn. And yeah, I'm sure she'll be,
- 2:05you know, we business and sales development professionals always
- 2:08happy to meet other people in the field.
- 2:10So I'm sure she's not going to mind.
- 2:13Then let me see. Oh, yeah.
- 2:15So she's a financial literacy advocate.
- 2:17Excuse me. I was really happy to hear that
- 2:20or to see that rather, because when I was little, when I was a
- 2:25little boy, how old was I? Secondary school ish.
- 2:30Just before secondary school, her father gave me a copy of
- 2:33Rich Dad, Poor Dad. And I know it sounds was our
- 2:37cliche, like everybody comes across Rich Dad, Poor Dad.
- 2:41But actually it is a very important book for young men and
- 2:44women to come across. So for those of us who have
- 2:47kids, I recommend that. It's something that we expose
- 2:50our young ones too, not because the book is the Bible or
- 2:53anything, but because it's simply written.
- 2:56It's kind of like a parable. It's easy to understand and at
- 2:59the beginning of exposing young people to some very important
- 3:03concepts. Number one, financial literacy.
- 3:05So it's also a time where here it's a financial literacy
- 3:08advocate. The first time I heard about
- 3:10financial literacy was from Rich Dad, poor dad and financial
- 3:12literacy just, it's just the idea that we should be able to
- 3:16read the health of a company and read the health of your
- 3:20pocketbook. You need to be able to
- 3:22understand on a very basic level how much money is coming in, how
- 3:26much money is going out. And that seems to make a world
- 3:29of a difference to how you progress through your careers
- 3:31and through your business. So keep up the good work that
- 3:36you're doing, especially on the financial literacy front.
- 3:39And for those of us who are parents or soon to be parents,
- 3:43let's remember to continue the gospel.
- 3:46Rich dad, poor dad, very easy to read.
- 3:49It's not going to be one of those books.
- 3:51And my father gave it to me before I started secondary
- 3:53school. And I read it and I, I called
- 3:55the Drift. I took different things from it.
- 3:57So it's not a book written by Harvard professor or something
- 4:01like that. So yeah, financial literacy.
- 4:03And let's get our children started on these things early.
- 4:06So the comments that is also a term where I made on my post
- 4:09were around money qualification. She liked the idea that you have
- 4:13to qualify people quickly. And it's part of the comments
- 4:16that she built her own post around, which is say that if
- 4:19you're selling a 7 million, excuse me, if you're selling a 7
- 4:22million naira property, then you know, it beholds of you to get
- 4:27these conversations out of the way rather than you start the
- 4:30conversation. It's a 7 million naira property.
- 4:32You invest time in building the relationship, you're trying to
- 4:34move the conversation forward only to find out now that this
- 4:37person, if you turn him upside down and shake him, he only has
- 4:391M in his pocket, You've just wasted your time.
- 4:42So that's, I know for some of you, it might sound aggressive,
- 4:46but keep listening to the podcast and you hear lots of
- 4:48useful ideas about how we can approach money conversations.
- 4:52Because I talk about using ranges and brackets to get
- 4:55people into the conversation, You know, like, OK, oh, hello,
- 4:57Sir, thank you very much, blah, blah, blah.
- 5:00Ask some questions about the person's housing need.
- 5:02I'm glad you're considering these properties, blah, blah,
- 5:04blah. But with our firm, the typical
- 5:08investment that is required for these kinds of properties is
- 5:10anything between 7 and 14,000,000.
- 5:13Is that something? Is that an investment that
- 5:16you're willing to make anytime soon?
- 5:18And then you keep quiet and then you hear so that the man who
- 5:21only has one and will say 7 million.
- 5:23OK, thank you very much. Or like one of the people that I
- 5:27was coaching recently when she used that kind of language on
- 5:30somebody, the person said, OK, thank you very much, go and sell
- 5:33your XYZI won't say what it was. So go and sell your XYZ to
- 5:37people on the island who have money.
- 5:39Thank you very much. One day God will do it for me.
- 5:41And then the person caught the phone call.
- 5:43So it's an interesting experience.
- 5:46Not all of us meet customers who react that way.
- 5:49But The thing is, it is perfectly fine to have that
- 5:52conversation now at the beginning and let the person
- 5:55insult you and call the phone now for you to invest 3456 weeks
- 6:00building a relationship with someone and then the person
- 6:02insults you after six weeks and then cuts the phone.
- 6:05So let the person insult you now and cut the phone rather than
- 6:08insult you two months from now and then cut the phone.
- 6:11So yeah, money acquisition. OK.
- 6:13And then she said that she listened to the podcast on
- 6:16advancements. I think that was maybe two or
- 6:17three days ago, so excuse me. So for those of you who are just
- 6:21listening to the show after you listen to this episode, those
- 6:23are two things to look out for. The podcast is available on
- 6:26YouTube. Use the search function in
- 6:28YouTube. Just search my name and then
- 6:29search qualification. And every single episode that
- 6:33I've made around qualification and how to have money
- 6:36conversations will show up. Then type my name and then type
- 6:40hit advancement. And then you will also learn
- 6:42about how to advance make how to advance the sales conversation
- 6:49one step at a time. And in fact, advancements for
- 6:52those of you who listened to the previous episode, you're going
- 6:54to see how advancements ties into getting your sales people
- 6:58to be good closers. So the answer to the question,
- 7:01how can I get my sales people to be good closers?
- 7:03The answer is very simple. There are several things that
- 7:06you can do to get people to be good closers.
- 7:08But for today, I just want to talk about 3, maybe 4.
- 7:13I'd say 4, but two of them are more or less one thing.
- 7:16So First off, to get people to be good closers, you have to get
- 7:20people to open the conversation well.
- 7:23Sometimes if IA lot of the, a lot of the time the reason why a
- 7:27conversation the businesses are not closing is because we
- 7:29started off the conversation on the wrong foot.
- 7:33Those of you who start the conversation in a in an adverse
- 7:36adversarial way is not going to end well.
- 7:39If you start off the conversation in a closed manner,
- 7:42it's not going to end well. If you start off the
- 7:44conversation, I mean, we can keep going on and on and on, but
- 7:47lots of times the business is not closing because you didn't
- 7:49open well. Opening the conversation well
- 7:52determines the rest of the relationship, the rest of the
- 7:55dynamic. And so that is really, really
- 7:56important. So we have to open well.
- 7:59However, I'm not one of those people who would say open the
- 8:02conversation well by being nice and personal and authentic and
- 8:05friendly and blah, blah, blah, blah, blah.
- 8:07All those things are important. However, I think when we start
- 8:12off with this whole let me be authentic, let me be personal,
- 8:14let me be nice, let me build rapport.
- 8:17So excuse me, we might run into some problems.
- 8:21Now, rapport, being authentic, all those things are essential.
- 8:24But my own take is that these are things that flow necessarily
- 8:28anyway during the course of the conversation.
- 8:31So if I'm a likable guy or I'm an idiot, you're going to be
- 8:34able to quickly determine that as the conversation goes along.
- 8:37So I don't need to start off this sales conversation trying
- 8:40to be your friend or trying to make myself seem likeable from
- 8:43the beginning. If I'm unlikeable or if I'm
- 8:45likeable, it's going to flow from the rest of the
- 8:47conversation. So I like to get people to go
- 8:52straight into needs analysis when open opening the
- 8:55conversation. And you do that just by first of
- 8:58all, being casual and conversational and excuse me,
- 9:01using open-ended conversations. Sorry, forgive me.
- 9:04I'm recovering from another cold.
- 9:05In fact, right now I'm high on purity.
- 9:08Well, I'm not really high, but I'm drowsy because these things
- 9:12make me feel sleepy. But anyway, you catch your
- 9:16drift. I'm recovering from stuff.
- 9:19Where was I? So I prefer that people just
- 9:22head straight into needs analysis.
- 9:24Let the conversation be nice and open and frank and you'll be
- 9:26well. So somebody that was coaching
- 9:28recently, she said, OK, that the way she understands the whole
- 9:32gist is that when she's going to start the conversation, she will
- 9:34just say, well, how can I help you today?
- 9:36Now I know for some people, how can I help you today?
- 9:38Sounds like a daft conversation. Because if somebody is in the
- 9:42clothing store, let's use the example where Madam opens a shop
- 9:45and then she puts a sales girl there or a sales boy there.
- 9:49And it's for children between the ages of, let's say, I don't
- 9:54know, 13 to 20. Yeah, 13 to 20.
- 9:58And everything is important from UK brands or USA brands or
- 10:02whatever. So I know that for the average
- 10:05person, you feel like it is stupid to walk up to somebody
- 10:08who is in a clothing shop and then asking the person, how can
- 10:11I help you today? Because I'm sure you're thinking
- 10:14obviously Madam and Ogai here because they want to buy clothes
- 10:17for their kids, right? But it's just to let you know it
- 10:21is not a stupid question. And it's a very easy way to
- 10:26start off a conversation. You sell cars, somebody comes to
- 10:29your car lot, you walk up to the person and say, how can I help
- 10:31you today? And you keep quiet and then you
- 10:33listen. It's not, it sounds stupid, but
- 10:35trust me, it's an easy way to start a conversation.
- 10:37It is not a good way to start a conversation in the retail
- 10:40setting because in most retail settings, people don't want to
- 10:43be disturbed. So if you come and say, how can
- 10:44I help you today, they will say no thank you, I'm just looking.
- 10:47And then, you know, you're really tied off.
- 10:49You're really blocked the conversation.
- 10:51So that is not good for retail, but for other kinds of service.
- 10:54Let's say you sell a car or your fashion design or something and
- 10:58someone walks into your your your shop.
- 11:02You bring the person into your consultation room.
- 11:04It is perfectly fine to say how can I help you today?
- 11:07The person will now start telling you the story now, oh I
- 11:10like your shop real nice blah blah blah.
- 11:13Anyway, my sister is getting married November 3rd.
- 11:16I want to make peplum dress. Sorry, I keep saying peplum
- 11:19because I know nothing about fashion and there was a time
- 11:22when peplum was raining when I was a wedding photographer.
- 11:24So that's the only start I know. So I want to do peplum jumpsuit
- 11:28for my sister's wedding and I wanted to be in Ankara.
- 11:31Something, something, something. So you can see how, how can I
- 11:34help you today gets the conversation to start flowing
- 11:37naturally. And because the conversation has
- 11:40been opened has, has we've started the conversation on a
- 11:43very conversational, open, warm note, the chances of it closing
- 11:49are higher. This is not the only thing.
- 11:51Remember I said that there are several factors, but this is one
- 11:54way open the conversation. Well, by opening the
- 11:58conversation. Well, for me it's let's go
- 12:00straight to need analysis. We're trying to figure out what
- 12:02this person is all about and who they are.
- 12:04We're using open-ended questions. open-ended questions
- 12:07are just questions that will get the other person to talk.
- 12:10Who, what, why, when, how, whom, you know, all those sorts of
- 12:13questions. So how can I help you today?
- 12:19Yeah, OK, well, how can I help you today?
- 12:21Let's see what else can we think of What question?
- 12:23What can I do for you today? Oh gosh, sorry, forgive me.
- 12:30Like I said, I'm Puritan has dulled my brain today, but you
- 12:33get the whole point. Who, how, why, when, whom?
- 12:38All those questions. So back to the car example, for
- 12:42instance, let's see. OK, an easy way to open the
- 12:45conversation back to the car example.
- 12:47And that's because where I am right now, like, you know, I'm
- 12:50out and about to unpack and I'm sitting next to somebody's car.
- 12:53It's a reddish Toyota Camry, not bad looking, older model.
- 12:58So let's just go with that. So somebody walks into your car
- 13:01place and he's standing next to a red Toyota Camry.
- 13:05So I know for you, it sounds kind of stupid that you're
- 13:07walking to somebody who is standing next to a red Toyota
- 13:09Camry and you're asking him, how can I help you today?
- 13:12I know it sounds tough, but trust me, it works.
- 13:14So you're going to say, well, how can I help you today?
- 13:17And then the person will start talking like, Oh yes, I have my
- 13:19brother-in-law got this car something, something I've been
- 13:22loving this car. I want to get one.
- 13:23How much does it cost? You know, and the whole
- 13:25conversation, everything will just flow.
- 13:27But going into needs analysis, you can also try and head
- 13:30straight to the issue. Like for those of you who sell
- 13:33cars, I'm sure you've realized that most of the people who jam
- 13:35you at your your car lot or your what would I call it?
- 13:40Let's just say car lot are people who are usually buying
- 13:43for business, maybe don't want to do both or it's for family.
- 13:47And in fact, the last time I went to a car loss, that's
- 13:49precisely how the guy started with the conversation.
- 13:51So Bros, how knows idea idea. I'm good so so far.
- 13:55Now for both. Or is he family And that's how
- 13:58the conversation started. And I think even that is
- 14:00brilliant. The guy went straight to the
- 14:02points. Is this for both or is this for
- 14:04family? So because in your mind now
- 14:06you're beginning to now formulate what's the word
- 14:09options and scenarios and things like that about how you can be
- 14:12helpful because if the person says it's for both.
- 14:18I asked a couple of more questions and it's not an
- 14:19executive boat service. So I'm not sure how it works.
- 14:22Maybe there's an executive boat service where you only drive
- 14:25Mercedes Benzes and Jeeps or something.
- 14:27But you're going to be able to now it will help shape the
- 14:30proposal that you give at the end of the day, you know, like,
- 14:33OK, if it's for these purposes, you need to be buying this brand
- 14:35of car because it's sturdy, it has resale value, it's easy to
- 14:38maintain, the fuel consumption is low, blah, blah, blah.
- 14:41So by starting off our conversation.
- 14:44So bro, how you doing now? So not for both.
- 14:46Why is it family? You can see that conversation
- 14:49flows well. So start off the conversation
- 14:52well and it's OK to go straight into needs analysis for most
- 14:54people. You think it's rude, but don't
- 14:56worry, it's not rude. The whole thing about building
- 14:59rapport, the rapport, it will come if the guys are, you know,
- 15:03there are times when you start off the conversation, the person
- 15:05tries to be nice, but after 2-3 minutes you can tell that this
- 15:08guy is an idiot and I want nothing to do with this person.
- 15:10And then you weave and then you leave.
- 15:12So don't worry too much about you should consciously try to
- 15:17build rapport and to make a pleasant impression and things
- 15:22like that. But you don't have to start off
- 15:24the conversation that way. So don't worry about how you
- 15:27sound, how you look. Brush your teeth, make sure your
- 15:30teeth are brushed. You know, this is live and
- 15:31direct because you walk up to someone and say, how can I help
- 15:34you? You know the how you know your
- 15:36breath will now carry. You know, that's that's not
- 15:38good. So I'm saying use some common
- 15:40sense. Make sure you're dressed right,
- 15:41make sure you brush your teeth. Let's see what else.
- 15:46Comb your hair, make sure your beard is nice.
- 15:49What else? For females, you know, usual
- 15:53things use roll on, but you know, you'll be fine.
- 15:56You can go and get straight into needs analysis and all will be
- 15:59well. Now the next thing I want us to
- 16:02look at, the second thing that you need to tell your sales
- 16:04people so they become good at closing is you need to teach
- 16:07your sales people something. They need to realize all the
- 16:10dynamics that go into closing. First of all, you even need to
- 16:13define what closing is for them because most people think
- 16:16closing means give me the money or is it going to be transfer or
- 16:24is it going to be card. Most people when they hear
- 16:28closing, that is what they think.
- 16:29But you need to teach your sales people, get them to realize that
- 16:33closing actually means, well, first of all, OK, let's put it
- 16:38this way. Closing just means whatever it
- 16:40is you say or do that gets the person to take the next step.
- 16:43But get your sales people to realize that closing, the
- 16:46closing doesn't always mean collect the money.
- 16:50So collect the money. Is this going to be cash or
- 16:54transfer? That is the ultimate close, the
- 16:59end of the whole Turinchi, the end of the whole story that
- 17:02we're talking about. But closing is in two stages.
- 17:06There's something that is called the one time close.
- 17:09That is what all of us know because we have seen it in
- 17:12Hollywood film that somebody is a correct salesperson.
- 17:15So he walks up to the person, blah, blah, blah, blah, blah.
- 17:18You know, they talk, then they'll now do montage.
- 17:20They're laughing and then the person walks out of the car lot
- 17:23and the person has bought the brand new Mercedes-Benz.
- 17:26Or maybe like in A Pretty Woman with Richard Gere and was
- 17:30Richard Gere and Julia Roberts how they entered the store in
- 17:33Julia Robert Park, Plenty of clothes, backpack Park park.
- 17:37And then at the end she pays with her boyfriend's card and
- 17:39everything. So that's what we know.
- 17:41We know the one time clothes because we've seen it in film.
- 17:44We've seen that in movies. But that is a really, really
- 17:48high bar and we should not be aiming for that because it takes
- 17:50people of exceptional skills and confidence.
- 17:52And it's hard and it's brutal because if every single time you
- 17:56see someone you're trying to collect the money, now, now,
- 17:58now, now, now trying to collect the order, now, now, now, the
- 18:01level of rejection that you go through is higher than other
- 18:03people who take a much more piece meal approach.
- 18:06Now let's come away from Richard Gere on Weibo Films and let's
- 18:10come back to Nigeria. Things are harsh right now.
- 18:13Let me go back to wedding photography because that's where
- 18:16I started. Your wedding photographer right
- 18:18now you want to be charging 500K.
- 18:20Let's be real, somebody's meeting you for the first time.
- 18:23You really, really, really think you're going to enter this
- 18:25conversation now, day one, first time you guys are meeting them
- 18:30and you'll collect your 500K upfront.
- 18:32Let's get real. A better way to look at it is to
- 18:36see that is to now think about what Tom Coppins calls A1 call
- 18:40close. A1 call close just means that
- 18:43every single time you meet somebody, there is one small
- 18:46objective you should be trying to achieve.
- 18:48Close on that objective and you'll be fine so long as you
- 18:51close on the small small objectives.
- 18:53Over time everything will add up.
- 18:55So instead of coming in and saying you must collect your
- 18:57500K now bam in one sitting. That is really hard.
- 19:01I didn't say it's impossible please because some of you will
- 19:04say my I saw this boy currently currently did it.
- 19:07I saw this girl Cami. Cami did it.
- 19:09Scale is different, context is different.
- 19:11Maybe Cami has been building a brand for the last 20 years as a
- 19:15high end wedding photographer. Social media game on point.
- 19:20What else? Marketing collateral,
- 19:22everything, you know so in our own context, yeah, that might be
- 19:24possible that somebody would meet up to them and say oh
- 19:27you're that chemical blah, blah, blah, blah, blah.
- 19:29Oh, so so so sure, no problem. Can I have your account?
- 19:32In fact, let me book you now that you're free.
- 19:34Yes, that can happen. It can happen.
- 19:37I'm just saying that for most of us, let's get real eventually
- 19:42we'll get there. One of the beginning, the idea
- 19:44that we should have about closing is A1 call close.
- 19:47I meet the person now and I'm trying to close on one small
- 19:52step that will move the thing forward.
- 19:54So I'm closing small, small, small, small, small.
- 19:58And if all my small clothes line up, I will now collect the 500 K
- 20:01at the end. So for the wedding photographer
- 20:04guy or girl, you meet somebody today.
- 20:08One clothes might be. Let me see, let me see how will
- 20:13I do it now? OK, so you meet the person
- 20:14today. Once more close might be get the
- 20:17person to agree for a meeting so that you guys can look at
- 20:20samples. So of course when you meet the
- 20:23person you have all the money pre qualifying conversations
- 20:26like oh OK yes I would love to take care of you and your family
- 20:29at your wedding. Based on the ideas we've
- 20:31discussed now it could cost anything between 500K and 800K
- 20:36for a three day wedding celebration in orca blah blah
- 20:39blah blah blah. Is that something that you'd be
- 20:41willing to spend? The person says, my sister,
- 20:44where's your 800K? Well anyway, anyway, no problem.
- 20:49Let's let's be seen. Let's be seen that kind of
- 20:51thing. OK, There might be room there.
- 20:54The person who says 800K500K for what you want to build house on
- 20:59top of my head. And yes, remember for me, my
- 21:02first sales call, that's that's actually what happened.
- 21:05The girl said you want to build house on top of my head.
- 21:06Thank you very much. And I was now begging her to
- 21:08stay on the phone. So someone who responds the
- 21:13other way, you know, OK, there's no room here.
- 21:15But so if somebody responds in a way that it looks as if there's
- 21:18room, you can still talk, you know, blah, blah, blah.
- 21:21So the next close would be you're trying to get an
- 21:23appointment, and you just say it as it is.
- 21:26OK. So the next step at this stage
- 21:27is usually, I want people to have a look at samples because I
- 21:30want them to be perfectly sure that they're happy with my
- 21:32photography style and my deliverables.
- 21:34So how soon can we have a meeting?
- 21:36Are you free for Wednesday next week?
- 21:39So yes, I'm free. OK, So what time?
- 21:41Wednesday about 10:00 AM or 10:00 AM is good.
- 21:44So where do you live? OK, you live here.
- 21:49OK. Can you swing by the studio or
- 21:50should I come to your place? You know, you start trying to
- 21:52narrow it down where you can see that we're moving it.
- 21:54Small. Small, Small.
- 21:55Small, small. We're making the small close
- 21:58off. Let them agree to have a
- 21:59meeting, then we'll agree on a day and then we'll agree on the
- 22:02venue. And then we have the meeting at
- 22:04that meeting, the small clothes is to try and get them to
- 22:08identify which style of book do they like or which style of
- 22:11photography do they like or which style of frames do they
- 22:14like and to agree on on what's it called on the deliverables.
- 22:20Oh, you love this kind of album. How many albums will you be
- 22:23taking? One or you'll be taking 3?
- 22:25Is it one for you, one for your in law, one for Mumsy and Popsy
- 22:29or you just let Mumsy and Popsy sort themselves?
- 22:32You write it down, then how many frames you know, you write it
- 22:35down, then after that, the next small close might be you now
- 22:40send them a concrete proposal. Because remember before now you
- 22:43guys have been talking in vagaries.
- 22:44You said anything between 800K and 500K.
- 22:48But based on this, now you'll be able to give them a specific
- 22:51proposal and maybe it all comes up to 653 K or something or OK,
- 22:57well, in this case, I'd recommend you give them, you
- 22:59know, three options based on what we've discussed, we can do
- 23:02Option A, this is how much it will cost.
- 23:04Option B, this is how much it will cost.
- 23:05Option C, how much this will cost.
- 23:06And then you send it over. So you can see that what we're
- 23:09trying to do is we're moving everything forward, small,
- 23:11small, small, small. The goal is not the first time
- 23:14you see them collect the 500 K on the spot.
- 23:17The goal is each time you see them or you talk to them, we're
- 23:21trying to do one small thing that mostly deal forward.
- 23:24So that's the difference between a one call close and a one time
- 23:26close. Let your sales people know that
- 23:28there's a difference. One time close is possible.
- 23:31That's what we've seen in the movies.
- 23:32But let's relax first. When you become a pro pro pro,
- 23:35you know you'll be able to be doing 1111 time closes with your
- 23:38eyes closed. You walk up to someone, you
- 23:40collect your 1.2 M or you collect your how much it is.
- 23:43But for the rest of us, small and medium scales nano
- 23:47enterprises realize that we're trying to do it one call close.
- 23:51We're trying to do it incremental.
- 23:53Small step, small step, small step.
- 23:56If you get your sales people to realize that that is how the
- 23:58deal is won, by taking small, small steps, they'll be fine.
- 24:01Then qualify more. Get your sales people to qualify
- 24:05more. Qualification is just the part
- 24:09of the sales relationship, the part of the sales dynamic where
- 24:12we're trying to figure out what does this person need?
- 24:14What does this person want? And then in your head, you're
- 24:17doing the mathematics. What this person needs.
- 24:19Will my product or my service be able to fulfill?
- 24:23Will he be able to deliver on the promise?
- 24:26So that's the qualification thing.
- 24:28So the whole point with qualification is this.
- 24:30We're having conversation with the people who are flowing.
- 24:33You know, outside you look like you guys are just just in and
- 24:36like your friends. But you, the salesperson, you
- 24:38know, they are trying to figure out what does this person want?
- 24:41What does this person need? What can this person afford?
- 24:44That's the whole point of qualification.
- 24:46Because if you are dealing with someone who wants what you have,
- 24:49who needs what you have, and the person can afford what you have.
- 24:52And also there's a sense of urgency.
- 24:54Please remember, urgency, something people forget as a
- 24:57wedding photographer is something I had to learn very
- 24:59quickly. If you're talking to the bride
- 25:02who is getting married in 1 1/2 years, or if you're talking to
- 25:05the bride that they proposed to her yesterday and she said yes,
- 25:08but the family has not met, there's not really a deal there
- 25:11because there's no urgency. Family has not met.
- 25:13They have not seen where the wedding date is going to be.
- 25:16But if you're talking to a bride that was proposed to yesterday,
- 25:19but OK, proposed to last week, but the families have met.
- 25:24And for now, the families are thinking, yeah, maybe December.
- 25:27We just need to see whether Auntie can travel in December or
- 25:30not, or whether grandpa and grandma can make it.
- 25:33No, that's a different thing. We now have a sense of urgency
- 25:35here because it's looking as if this wedding might hold in
- 25:39December. So want, need, afford urgency.
- 25:44If you're speaking to people and all that lines up, then the
- 25:46chances of the deal closing go up.
- 25:49So that's why we should qualify more because when you're dealing
- 25:52with qualified people, the close becomes obvious.
- 25:56When should you qualify? We should always be qualifying.
- 25:59There's some people who do a good job of qualifying in the
- 26:02beginning stage, but then after that, they just assume that all
- 26:04is well. So you should always be
- 26:05qualifying and should also always be asking for feedback
- 26:09and things like that. So me, I'm always constantly
- 26:11bringing stuff up like, oh, by the way, in our last
- 26:14conversation you said this, that, that, that, that, that did
- 26:16I understand correctly. Oh yes, you did.
- 26:17So we're still, we're still good.
- 26:19Like all is good. Oh yes, we are.
- 26:21And I'm not OK, green light, I can continue.
- 26:24So we should always be qualifying.
- 26:26Then the final thing is this. If you do a good job of
- 26:31qualifying, so excuse me, if you do a good job of qualifying, you
- 26:35qualify often, you're going to now start seeing a certain kind
- 26:39of picture. You will now realize that most
- 26:42of my happiest customers are usually men or women between
- 26:45jobs. So the age of so, so, so and so
- 26:48they live typically in this part of Lagos or in this part of
- 26:51Anambra. They usually are involved in
- 26:53this kind of business or not or they are this kind of people
- 26:57that that kind of people. You will now start getting a
- 26:58mental picture of who your ICP is.
- 27:01The ICP is the ideal customer profile.
- 27:03So if you do a good job of qualifying, you now start
- 27:07getting a good idea of who this person is, who your ideal
- 27:10customer is. Once you qualify plenty and you
- 27:13get an idea of the ICP, the trick is now this.
- 27:17Only chase people who meet that ICP.
- 27:21If your trading history in the past has shown that women who
- 27:26are 65 years old, who live on Lagos mainland and who are from
- 27:32a number of states are your happiest customers would
- 27:35regardless of whatever it is yourself, then please by all
- 27:37means spend most of your time chasing those kinds of women
- 27:43because history has shown that that is your ICP.
- 27:46If you're doing Instagram advertisement and in the past
- 27:50you have seen that 25 year old men who live in Obama Shaw and
- 27:55who are civil engineers are your ICP, then by all means when
- 27:59you're doing your Instagram advertising, your Facebook
- 28:01advertising, your Google advertising, sign it up to
- 28:03target those sorts of people. So if there are lots of other
- 28:08things that we can discuss, but we can keep talking about this
- 28:11thing ad nauseam, but you know, we were pressed for time.
- 28:14So let me just bring it to a close here.
- 28:16If you do these three things or these four things, depending on
- 28:18how you split it, you should be fine or getting your people to
- 28:22now start closing more deals. By the way, please, it's not
- 28:26magic. All those people who say do
- 28:29these five things today and triple your sales next week.
- 28:32It's it's not realistic. It's not realistic.
- 28:35You can do one or two things now and and get immediate tweaks.
- 28:44But when I put it, trying to 10X your business in one week is not
- 28:49realistic. Let me just put it that way,
- 28:51trying to 3X or 10X your business in one week is not
- 28:53realistic. Realize that these things take
- 28:55time and they compound. So get your sales people to open
- 28:58the conversation well and go straight to needs analysis.
- 29:02Then get them to realize the different closing dynamics.
- 29:04There's the one time close. Tell them to chill on the one
- 29:07time close for now, because trying to close one time and to
- 29:10collect your money now for the average person, you come across
- 29:13as desperate. So instead try and go for one
- 29:16call close where you're trying to close the deal incrementally.
- 29:20So depending on your business, depending on your industry,
- 29:26depending on your industry, you know, the the stages should be
- 29:29obvious. Like I said back in wedding
- 29:32photography. So first as you meet people, you
- 29:33source them out, then you guys have a meeting and you look at
- 29:37samples, then you send a proposal, then they're OK with
- 29:40the proposal. You know, I agree on payment
- 29:43terms and payment schedule, and then once they pay, you now
- 29:46mobilize and you know, on and on until you deliver the album and
- 29:49then you come back to be sure that they were happy with the
- 29:52deal. But you see how like for wedding
- 29:53photography where I started, there are different stages that
- 29:56you're walking people through. So build your sales process
- 29:59around that and do things incrementally.
- 30:01Then get your people to qualify more.
- 30:03We want to make sure we're dealing with people who want,
- 30:05what it is we have, who need, and who can afford.
- 30:09As we do that, over time, it becomes clear who the ICP is,
- 30:12the ideal customer is. Once we know the ideal customer,
- 30:15let us spend most of our time chasing after the ideal
- 30:18customer. So you do that.
- 30:20Over time, your sales people will close.
- 30:24Well, the close will increase. So that's it for today.
- 30:28Again, thank you very much, Asosa Atem Guaya for coming
- 30:32across the podcast, commenting on my stuff online, and also
- 30:35sharing some of my material. It's always a pleasure running
- 30:38into those of you who are podcast listeners.
- 30:40This is how I get feedback on what I need to do to make the
- 30:45show better and also to get questions to ask on the show.
- 30:49Because when I meet you guys and we're chatting back and forth or
- 30:52we have phone calls or whatever, this is where I get extra
- 30:55questions as well. And that's the reason why the
- 30:57show is growing in listenership. Also in the subscriber base,
- 31:00whether on Spotify or on YouTube.
- 31:02It's because I'm answering questions that you guys have.
- 31:05So let's keep that bit up. So thank you very much for your
- 31:07time and attention. I'll catch you guys at the next
- 31:09episode. You can connect with me on
- 31:10WhatsApp. The phone number is 08064662140.
- 31:16The country code is +234. Then connect with me on LinkedIn
- 31:22and the name to look for is Tavishima Ayede.
- 31:25I'm the host of the show. You can confirm the spelling of
- 31:28my name from the link where you're listening to this
- 31:30episode. So if you're on YouTube, look at
- 31:32bottom left. You see my name right there
- 31:34above the podcast title. Then let's see what else.
- 31:38Depending on the podcast player that you're listening to, you
- 31:41might have to click on more or click on details or click on
- 31:45notes. And then you know, you'll,
- 31:48you'll see all the extra information there.
- 31:50So thanks for your time and attention.
- 31:52I'll catch you guys at the next recording.