6 reasons ABC selling is a mistake

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6 Reason s ABC Selling is a Mistake

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Were you taught to "always be closing" when you were learning how to sell? That's so outdated! Here are six reasons ABC selling is a mistake, and five ways you can mini close instead.

Transcript of 6 reasons ABC selling is a mistake

Page 1: 6 reasons ABC selling is a mistake

6 Reasons ABC Selling is a Mistake

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What is ABC Selling?

0Every now and then I bump into a salesperson that tells me they live by these three letters: ABC—also known as Always Be Closing

0And closing = asking for the order.

0When I hear this I instantly stereotype the seller as old school who has let the world of B2B sales pass them by.

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What Happens When You’re Always Closing?

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1. You undersell and secure fewer dollars.

By rushing to close a sale, you don’t take time to figure out the needs of your customer, and you end up offering a cheaper solution than they were

willing to pay.

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2. You sell a solution that under delivers and does not meet customer ROI expectations. The likelihood of a renewal is not great, so time is wasted on a one-time sale.

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3. You pitch too early and too often, which turns off savvy buyers who might be quality prospects with KEY account spending potential.

Think about it, who wants to be around a pushy salesperson that is constantly selling?

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4. You show that you’re from a sales organization that does not use a division of labor or a sales funnel.

World-class organizations use both to create predictable revenue.

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5. You hear “let me think about it” too often.This is usually a no close response.

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6. You forget what the customers care about.They don’t care if you close the deal or not. They care about their own problems.

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ABM: Always Be Mini ClosingDon’t get me wrong, closing is an important part of selling.

However, I prefer multiple mini closes throughout the sales process as opposed to the old-school method of asking for the order early

and often.

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When to Add Mini Closes in the Sales

Cycle

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1. Mini close along the way to keep the sales process moving, especially when linked to a CRM to facilitate handoffs to various personnel involved in

the sales process.

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2. Mini close while qualifying and disqualifying prospects.

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3. Mini close at the end of a needs analysis meeting to clarify customer needs and enhance solution

development.

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4. Mini close prior to proposal development to clarify customer expectations and improve the ROI

of the solution.

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5. Mini close during the proposal to improve the likelihood of the BIG CLOSE.

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It might seem that all these mini closes take time and slow the sales process; however, in the long run they actually

increase the likelihood of the sales process moving along at a rate that

results in a sale that delivers ROI and a renewal.

Simply put, a slow and steady pace creates a “close” that delivers a long lasting customer instead of a one-time sale or a sale that never

closes.

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