Closing The Deal - Part 1

This lesson covers essential closing rules for sales professionals. Here's a summary of the key points:

Main Message

The speaker emphasizes that closing techniques alone won't work - you must execute all other sales fundamentals correctly first before attempting to close.

Key Closing Rules:

1. Accept that losses are inevitable

  • You cannot win every deal, regardless of your skills or product quality
  • It's okay to lose deals - focus on winning more than you lose

2. Avoid emotional attachment

  • Don't treat deals like "your baby"
  • Getting too attached leads to feeling hurt and undermined when deals don't close
  • This emotional baggage affects your performance with future clients

3. Maintain a robust pipeline

  • Build a mixed pipeline with both:
    • Small deals that close regularly
    • Larger deals for long-term development
  • Avoid having a tiny pipeline that makes you dependent on specific deals
  • Being needy hurts your closing ability - clients can sense desperation

4. Continuously build value

  • Constantly remind clients of the value you provide
  • Build up value throughout the entire sales process
  • This foundation is what makes closing possible

The speaker concludes by noting this sets up the framework for specific closing techniques to be covered in the next video.

Complete and Continue