Inventory management is no longer a major issue for many dealerships. Therefore, one key factor in achieving success today is the ability to outperform your competitors in terms of sales. On the latest episode of CBT Now, Sean Gardner, Instructor and Sales Trainer at the Joe Verde Group, will join us to share some effective techniques to help dealerships’ sales teams close more deals.
Key Takeaways
1. Gardner emphasizes the importance of understanding who the real competition is, whether it’s the dealership down the street or the salesperson talking to your customer. He adds that success in sales depends on outperforming these competitors through superior skills and strategies.
2. Additionally, Gardner emphasizes the importance of sharpening sales skills to close more deals with the same number of customer interactions. This approach stresses efficiency and effectiveness in sales processes, aiming to maximize outcomes without increasing work hours or customer leads.
3. In today’s market, sales teams must have the necessary tools and strategies to efficiently handle price objections and questions. This ensures that they can successfully navigate negotiations and close deals.
4. Salespeople face various buying objections, such as customers needing time to think over or wanting to compare prices. Developing strategies to counter these objections can help sales teams close more deals and prevent potential customers from leaving without making a purchase.
5. Closing a sale is not a single step but a continuous process that occurs at every stage of the sales interaction. Each step presents an opportunity to move the sale forward, from the initial greeting to demonstrating the product’s value. This approach requires building rapport with customers, understanding their needs, and effectively presenting the product to align with those needs.
"Closing is any question you ask or anything you do that keeps moving the sale forward. Like Joe says, it positively affects the selling process."– Sean Gardner