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How to Increase Conversion Rates and Land the Perfect Close Every Time

Season 49 Episode 493 Published 4 years, 7 months ago
Description

Are you having trouble selling yourself and getting prospects to see the value you can provide for them? In this episode, James Muir joins Jason to talk about closing more sales and his book, The Perfect Close. James shares the process leading up to it, 4 high leverage areas in sales, how to prepare messaging that works to get a high close rate, and the two questions that can improve your closing percentage without ever sounding pushy or manipulative.

Sponsors and Resources

Wix: Today's episode is sponsored by the Wix Partner Program. Being a Wix Partner is ideal for freelancers and digital agencies that design and develop websites for their clients. Check out Wix.com/Partners to learn more and become a member of the community for free.

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4 High Leverage Areas in Sales

The truth is there's no messaging that will suddenly overwhelm people with persuasion and approval. You have to do your research and make your that you're delivering the right message to the right audience and using the correct medium. James breaks down this process into four high leverage areas in sales that will you to improve your closing rate:

  • Market. The single best thing you can do to improve sales is sell only to ideal clients. Targeting the right customer will be pivotal because everything else falls below that in your funnel. If you get that wrong, everything you're doing in sales will fall on deaf ears.
  • Message. Now that you figured out who you want to target, what is the message you want to send? It's a very narrow window to get your message across once you have their attention, so you have to make sure that you're delivering a high-impact message.
  • Medium. Now that you know who you're talking to and what you're going to say ask yourself where do these people hang out? Remember to meet the customer where they are (social media, trade shows, etc).
  • Motivation. This is about personal motivation, what gets you out of bed in the morning? Getting all these elements just right will require a lot of work and the right motivation will help you get through it.
Are You Talking to the Right Prospects?

For his part, Jason recommends thinking of N.B.A.T. before engaging in any new project conversation. These steps will help you save time and energy on the wrong prospects.

N – Need:

Ask what the specific needs are and what specific end results they're expecting. Ask how this project fits in with the overall company vision. If they need to pull in another person to answer that question, hold onto that nugget of information.

B – Budget:

Ask for the budget. More often than not, you won't get an actual number so act like a reverse auctioneer… Start with a ridiculously high number saying, "Is your budget $500,000, or $400,000, maybe $300,000…?" They either give you a more re

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