Shorten The Sales Cycle By Finding The Decision Maker As Well As The Prospect's Budget

All sales meetings fall into two categories, anext meeting.In the case of multi-level sales (i.e.
one-call close or a more than one callresidential and some commercial real estate), the
close.Closings can be in steps. You can close toinitial close may be getting the mortgage or credit
agree to go to the next step or you can sell theapplication.The sooner you have the
first time.Either way there are certain keydecision-maker there the closer you are to
elements that go into closing.Knowing a client ormoving the process along.In all meetings you want
prospect's budget and who the person is whoto remember to ask the pertinent questions and
ultimately decides whether or not it gets spent onthen LISTEN for the information. As you bring
your product or service is essential to getting aprospects and clients into their distress zone they
sale.Whenever possible one of the best ways towill be revealing the emotions that you need to
speed up a final closing is to ask your prospectaddress. The distress zone is also the place (and
what their budget is for your product or service.time) that their budget becomes bigger and
It does you absolutely no good to go through alldesires become greater.Remember, when you do
the other steps in your sales process simply tosell, whether it is after the first meeting or the
find out that their budget is only twenty-fivetenth meeting, you must make an agreement to
percent of your product or service sells for.service this client so that they become a
When the disparity is that great it may be best"salesperson" for you.Sell to close the deal and sell
to say goodbye and move on. If, however theirto close another seller!Dan Goldberg, MBA, is
distress/need level is so high that the gap can bePresident of Dan Goldberg Consulting L.L.C. a
closed then you know that you have a realtraining, coaching and business development firm
prospect.In a non-complex sale it is best to findlocated in the Philadelphia, PA area. He is the
out your prospect's budget before the meetingfounder and former owner of "For Eyes" the
so that you know whether or not to continue. Ifhighly successful international optical company and
the party doesn't know their budget initially tellan internationally recognized keynote speaker. Dan
them that that will be one of the questions onis the author of the book "Stand Back A Second,
your meeting agenda and that if they could haveJust don't fall off the edge," and of "The Six
a figure or a range before the meeting, youSteps To Solid Sales Success" and "The Seven
would appreciate it.The next point to make sureElements Of Successful Management" programs.
of is that you discuss who will be making the finalHe is Executive-In-Residence at Kutztown
decision. If it's the party who will be attending theUniversity and has been the subject of stories in
meeting then you're ok. If not you want to findNewsweek, Business Week, Playboy, Successful
out who it is. Then it would be best to requestBusiness, Investor's Business Daily, major
that person to also attend the meeting.Makingnewspapers in New York, Philadelphia, Washington,
sure that the decision-maker is present as soonD.C., Boston, Baltimore, Miami, San Francisco,
as possible will shorten your selling cycle or saveOakland, St. Louis, Chicago, Los Angeles and many
you time by ending the cycle.In the case of aother national and local publications. In addition, Dan
complex sale your best tactic is to have anhas appeared on Good Morning America and other
agreement that, after the initial meeting, if younational and local television and radio programs.
move forward, the decision-maker will be at the