Follow Up and Close the Sale
Jeff Shore

Follow Up and Close the Sale - Book Summary

Make Easy (and Effective) Follow-Up Your Winning Habit

Duration: 24:35
Release Date: February 4, 2024
Book Author: Jeff Shore
Category: Marketing & Sales
Duration: 24:35
Release Date: February 4, 2024
Book Author: Jeff Shore
Category: Marketing & Sales

In this episode of 20 Minute Books, we dive into "Follow Up and Close the Sale" by Jeff Shore, a pivotal read that explores the psychology of purchasing and the undeniable influence of effective follow-up strategies in securing sales. Published in 2020, this guide offers a wealth of selling techniques applicable across various sales contexts, equipping readers with the tools needed to successfully finalize transactions.

Jeff Shore, the author of this insightful work, serves as the founder and president of Shore Consulting Inc., a renowned sales training provider. With an extensive background in sales and a keen understanding of buyer behavior, Shore has authored several influential books, including "Be Bold and Win the Sale," and hosts "The Buyer’s Mind," a popular sales podcast. His expertise imbues "Follow Up and Close the Sale" with practical advice and strategies based on real-world experience.

This book is designed for a broad audience, including sales professionals in search of innovative approaches to revitalize their sales tactics, business owners aiming to enhance their sales figures, and any individual intrigued by the art of persuasion. Shore's comprehensive breakdown of follow-up strategies provides readers with a clear roadmap to not only engaging potential buyers but also ensuring they cross the finish line to make a purchase. Join us as we uncover the secrets to transforming prospects into purchasers, all within the space of this episode.

Unlock the Secret to More Sales — Even After Hearing "No"

Picture this: you've just delivered what feels like the pitch of your life. You're confident, your presentation is spot on, and then — your customer hesitates, eventually saying, "I'm not ready to buy just yet." Your heart sinks. Is it all over? Did all that effort go to waste? Well, it certainly doesn't have to. For the skilled salesperson, a "no" isn't the end; it's merely a signal to shift gears into an effective follow-up strategy. Believe it or not, there might just be some easy money left on the table if you play your cards right.

This exploration dives into the mind of the buyer, pulling back the curtain on the psychology that drives their decisions and illuminates how the elite in sales leverage these insights to clinch more deals. From creating a personalized buying experience that speaks directly to each customer to ensuring your product remains top of mind, this guide arms you with the strategies to overcome objections and turn those nos into yeses.

During our journey together, you'll discover:

The transformative path a cold lead can take to become a promising opportunity;

The surprising power and personal touch of handwritten notes in the digital age; and

The reasons why purchasing is far more than a logical decision — it's an emotional adventure.

So, if you're ready to redefine rejection and learn the art of the graceful follow-up, you're in the right place. Let's dive in and unravel the secrets to making more sales, showing that with the right approach, persistence can indeed pay off.

Timing is Everything: The Crucial Window for Making a Sale

Imagine, if you will, the frustration of near success. This was exactly the scenario Jeff Shore found himself in after being captivated by a ghostwriter's proposal at a network event. The ghostwriter, with poise and persuasion, precisely pinpointed Shore's dilemma — the constant battle against time — and offered her company's services as the much-needed relief. The idea of delegating his writing to reclaim precious hours was nothing short of an epiphany for Shore, who had never entertained such a solution before.

In essence, the ghostwriter had masterfully played her cards, elevating Shore's emotional state to what could be termed an emotional peak. Suddenly aware of his dissatisfaction and enticed by the prospect of a brighter, less pressed for time future, Shore was primed and ready, a ripe opportunity for sealing the deal.

Here lies the crux of the matter: A buyer’s emotional journey is fleeting, emphasizing the importance of swift action in the follow-up.

By laying bare the stark contrast between Shore's current over-committed reality and the potential ease that could be his, the ghostwriter amplified his emotional engagement with the idea. The balance of dissatisfaction with his status quo and the allure of an optimized future left Shore in an elevated state of readiness for change. His typical reservations and skepticism about the service's cost or potential downsides were momentarily overshadowed by a compelling emotional drive toward improvement.

However, success in sales often hinges on striking while the iron is hot, and unfortunately, this critical step was missed. The ghostwriter's delay of three weeks to follow up gave room for life’s usual hustle and bustle to dilute Shore's heightened emotional state. The vividness of the positive change promised faded, along with his dissatisfaction with his current situation. By the time the follow-up call came, Shore's emotional readiness had cooled; his rational doubts and fears once again took the forefront, eclipsing the earlier enthusiasm. The ghostwriter's failure to act timely allowed the window of opportunity to close, highlighting a poignant lesson for all in sales.

This episode teaches us a valuable lesson in the art of sales: the emotional journey of a buyer is brief and waiting too long to follow up can allow the initial excitement and readiness to evaporate. In sales, timing isn’t just a factor; it could very well mean the difference between success and lost opportunities.

Breaking Through the Barrier: How Overcoming Resistance Can Unlock Sales Success

It might come as a surprise, but a pattern exists where buyers typically reject offers four times before finally giving in with a yes. Despite this intriguing insight, the majority of sales professionals hang up their boots much too soon, with an astounding 92 percent bowing out after the fourth attempt. This premature withdrawal from the follow-up process equates to a treasure trove of opportunities slipping right through their fingers.

But what's at the heart of this widespread reluctance to persevere? The culprit is none other than resistance — a formidable foe rooted in our very psychology.

Resistance is that persuasive inner voice that convinces you to postpone the challenging tasks in favor of more pleasurable, less daunting activities. It's the force that fuels procrastination, weaves a web of excuses, and lures you away from facing the tasks that are pivotal yet uncomfortable.

The crux of our discussion is this: Sidestepping missed opportunities calls for a direct confrontation with and triumph over the psychological barriers to following up.

So, what breathes life into this resistance?

At its core, resistance is an evolutionary by-product, a guardian of our comfort zone. This instinctual force is quick to steer us away from discomfort, invariably nudging us toward the path of least resistance — why grapple with follow-up calls when the lighthearted world of YouTube awaits, right? For sales professionals, the specter of telephobia, apprehension about deal closure, fear of objections, and dread of rejection constitute significant sparks for resistance. Each solicitation for a sale exposes you to potential rejection, thrusting you into the discomfort of hearing that dreaded no.

However, to ascend to the ranks of the top one percent in sales, an audacity to confront and conquer resistance is non-negotiable. Transform resistance into a catalyst for achievement.

By mastering your resistance, you position yourself among the rare breed of salespeople ready to pluck the ripe fruits of persistence — engaging those customers who, while initially hesitant, are on the brink of saying yes if only asked persistently enough.

Resistance, by its nature, is overpowering if allowed to confront you unprepared. Thus, the secret lies not in wrestling with it in the heat of the moment but in preemptively committing to actions you're inclined to resist. Consider deciding first thing in the morning that the initial hours will be dedicated to follow-up calls, circumventing any later temptations by your brain to retreat to comfort. By doing so, you sidestep the trap of allowing resistance to dictate your day, preventing those valuable opportunities from slipping away.

Personalizing Follow-ups: Notes Can Make All the Difference

In the fast-paced dance of sales, the charm lies not in closing the deal at the first encounter but in skillfully crafting the follow-up conversations. Recognizing the initial meeting not as a one-off pitch, but rather as the opening chapter of an ongoing dialogue, paves the way for a more nuanced and effective sales strategy. It's in this context that taking diligent notes during your first interaction with a prospect becomes invaluable. While securing the sale on spot is ideal, being primed for an extended engagement is equally crucial.

The essence here is clear: use notes from your initial meeting to demonstrate a genuine interest in your prospects' needs and concerns.

Consider, for example, the scenario of selling a home to a busy single parent. In the course of your meeting, she mentions her children's passion for karate. This seemingly offhand remark becomes a nugget of gold, recorded in your notes.

But how does karate tie into the home sale?

Imagine the single mother hesitates, needing time to ponder the significant decision of buying a home. Here lies your cue for a thoughtful follow-up: armed with the insights from your notes, you send her information on local karate dojos the next day. This gesture, far from random, signifies your attentiveness to her unique situation and needs, setting you apart from any competition.

Engaging in such personalized follow-ups does more than keep you at the forefront of your prospects' minds; it allows you to weave an emotional thread through the professional relationship. Research supports the notion that emotional resonance strongly influences buying decisions, which are frequently rationalized post-hoc. By tailoring each interaction based on your notes, you enhance the buyer's experience, making it deeply personal and impactful in ways a generic email could never achieve.

Moreover, the act of taking notes extends beyond mere record-keeping. It offers a scaffold to structure follow-up communications that remind your prospects of how your offering aligns with their aspirations, resolves their concerns, and fits within their life narrative. Wrapping up a follow-up with a summary of these alignments, coupled with an invitation for further conversation, not only reiterates the relevance of your product or service but also nurtures the relationship, edging closer to the sale with each interaction.

In a realm where attention to detail and genuine care can make or break deals, leveraging initial meeting notes to personalize your follow-ups emerges as a subtle yet powerful strategy to not only demonstrate your commitment but also to solidify emotional connections that favorably influence buying decisions.

Making Your Mark: Stand Out in a Sea of Choices

Navigating the maze of buying decisions can be as daunting for the buyer as clinching the sale can be for the seller. Let's take a moment to walk in the shoes of a consumer faced with the luxury (and dilemma) of choosing a new flat-screen TV. The process usually kicks off with a mix of excitement and diligence — venturing through Costco aisles, perusing Amazon reviews. However, excitement can swiftly give way to decision fatigue amid a barrage of specs and sellers. Which one is the best? Who should you trust? Suddenly, what seemed like an adventure becomes an exhausting quest for clarity.

It's at this junction that the simplification of choices becomes paramount for the buyer. Your mission, as a salesperson, is to ensure your offering doesn't fall by the wayside during this crucial filtering process.

Here's the crucial insight: Buyers streamline their options by discarding what's forgettable or seems overly complicated.

This mental shortcut comes down to cognitive overload — too many options, too much information, leading to a rapid-fire process of elimination. But what's fascinating is that this isn't merely a logical exercise. Buyers lean towards options that feel easy and intuitive because, in the vast, complex landscape of choices, simplicity feels like the right choice.

Imagine a potential customer deliberating over TVs. They might dismiss a certain brand because navigating its website feels like deciphering a cryptic puzzle, or maybe the aesthetic fails to draw them in. Conversely, products associated with a frictionless purchasing path or a sales team that's approachable and punctual, greatly increase their chances of making it to the final round of consideration.

To steer clear of the chopping block, it's essential to focus on refining the buying experience, making it as straightforward and pleasant as possible for your customer.

One might wonder, "How often do buyers actively eliminate options?" The truth is, much of this happens in the subconscious. Your product might not be intentionally dropped; it simply fades into the background, overshadowed by other, more memorable options. This is where the art of the follow-up — persistent yet thoughtful — becomes your lifeline. It's not merely about staying in the race; it's about ensuring your product remains at the forefront of the buyer's mind, becoming the obvious choice amidst the clutter.

In a world where options abound and attention is scarce, distinguishing your offering not just as a viable option, but as the clear, uncomplicated choice, is key to navigating the buyer's journey from indecision to purchase.

The Power of Personal Connection in Sales Follow-Ups

In the realm of sales, the art of the follow-up is pivotal in transforming prospects into loyal customers. Yet, when faced with the choice of how to reconnect, many opt for the path of least resistance — the seemingly safe harbor of email communication. This preference, while understandable, can be a precarious misstep in nurturing client relationships.

Email, with its convenience and unobtrusiveness, might appear as the perfect bridge between contact points. It spares both parties the potential discomfort of direct confrontation or the immediacy of a dislikeable response. However, despite its widespread use, email should barely be considered a viable medium for meaningful sales communication.

Here lies the essence of effective follow-up strategy: Face-to-face contact reigns supreme, with the telephone trailing as a commendable alternative.

Why does email fall short? Sales is inherently a dialogue — an exchange that thrives on the interplay of inquiry and response, nuanced with the subtleties of human emotion. Email, by its very nature, reduces this dynamic interaction to a one-sided missive, lacking the warmth or vigor needed to foster a genuine connection. It’s challenging to infuse a pitch or a proposal with genuine enthusiasm or to express sincere concern for a customer’s needs when constrained to the impersonality of typed words. The emotional depth of buying decisions, where feelings often precede logic, necessitates a more direct and engaging form of communication.

Face-to-face interactions, by contrast, offer a rich tapestry of nonverbal cues — the tone of voice, facial expressions, and body language — all of which significantly influence perception and receptivity. Studies validate that these elements bear more weight in communication than the spoken word alone, offering a direct channel to convey sincerity, excitement, and confidence.

Absent the opportunity for in-person dialogue, the telephone emerges as the next best alternative. Although lacking visual cues, this mode allows the salesperson's voice to carry the emotional weight, bridging the gap with tones that express earnestness, ambition, or concern.

So, when might email serve its purpose in the follow-up process? Primarily when conveying complex, detailed information that benefits from careful, unhurried review. Even in such cases, it's advisable to present this data within attachments rather than the main body of the email, acknowledging the modern consumer's dwindling patience for lengthy text.

In the dance of sales, achieving a connection that resonates on a human level demands more than just hitting 'send'. It calls for the personalized touch that only direct conversation can afford, placing premium value on the timeless art of personal interaction.

Reviving Old Leads: The Untapped Potential in Nearly Closed Sales

The unpredictable nature of life and sales often go hand-in-hand, a concept well understood by those in the business of persuasion and persistence. An illustrative tale from Shore's own experience sheds light on a commonly overlooked potential: the nearly-made sales of the past.

Some years back, Shore was on the cusp of purchasing a high-end mountain bike, a sale that seemed all but sealed. However, life threw a curveball in the form of an unfortunate accident, leaving him with an injury that rendered the purchase impractical. The salesperson, upon learning of Shore's mishap, ceased all follow-up efforts, assuming the potential sale was permanently off the table.

This premature retreat underscores a critical lesson: circumstances evolve, thus, a prospect that once slipped through your fingers could very well be ripe for conversion today.

Here's the essence: Given that situations are bound to change, someone who was on the brink of buying before may now be ready and willing to proceed with the purchase.

Following the accident, Shore's initial enthusiasm for the bike naturally waned, his focus shifting to recovery rather than leisure. However, as his condition improved, so did his openness to revisiting the idea of the bike—had only there been a gentle nudge from the salesperson. This illustrates a missed opportunity rooted in a failure to recognize that Shore's objection was merely a temporary hindrance, not a permanent turnoff.

This begs the question: How can one effectively re-engage a stale lead?

Innovation and a touch of personalization hold the key. Rather than defaulting to a generic follow-up call, Shore advocates for a more nuanced approach, such as a handwritten note. This method not only rekindles the connection on a personal level but also provides an opening to address any barriers that might have prevented the sale previously. For instance, a client's financial constraints might have eased, or new financing options may have emerged, making your product or service more accessible.

A handwritten message, specifically tailored to address the client's unique circumstances, can breathe new life into a dormant lead. More than simply reigniting interest in your offering, it demonstrates a level of care and attention that sets you apart from competitors. In the realm of sales, such gestures underscore the axiom that showing genuine concern and understanding not only nurtures goodwill but can also turn near-misses into successful closings.

In an environment where every lead counts, revisiting those that nearly converted, with sensitivity and creativity, can uncover hidden opportunities, proving that sometimes, a second chance is all it takes to cross the finish line.

Concluding Insights: Persistence Paves the Path to Sales Success

The journey through these insights underscores a fundamental truth about sales: the initial encounter is merely the opening act in the broader narrative of closing a deal. A common thread revealed is the significance of persistence, resilience, and the strategic finesse in following up that separates the exceptional salespeople from the rest.

The central takeaway emphasizes that securing a sale seldom hinges on the first pitch or meeting. Instead, it is the diligent, thoughtful, and often creative follow-up strategies that play a pivotal role in converting prospects into customers. Facing rejection is an inevitable part of the process, yet it is the courage to persist, to engage in meaningful dialogue, and to adapt one’s approach that ultimately leads to success.

This narrative serves as a powerful reminder that, in the realm of sales, perseverance combined with a genuine commitment to understanding and addressing the evolving needs and circumstances of prospects, can dramatically elevate your success rate. The elite 1 percent of salespeople distinguish themselves not necessarily by how they present in the first meeting, but by how effectively they maintain connections, communicate value, and patiently nurture leads into lasting client relationships.

Thus, for those looking to excel in sales, the message is clear: embrace persistence, refine your follow-up techniques, and remember—the most fruitful victories often come to those willing to venture beyond the initial no, steadfast in their pursuit of the yes that lies just over the horizon.

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