Advertising and Marketing Ideas to Create Phenomenal Profits In YOUR Small Business

“The Single Most Profitable Closing Technique In The History Of The World” PDF Print E-mail

“The Single Most Profitable Closing Technique In The History Of The World”

 

Over a year ago, I told you about closing, and the importance of building value and desire to own before the actual close. This isn’t what I’m talking about today. I’m talking about the actual technique and verbage I use to close sales. This is the same close II use almost every time. The reason I say that it’s the greatest close, is

that my Mentor Dan Kennedy (in a newsletter I pay a lot for) did a survey of closes used in selling, and this was the one used to generate the most sale. It also happens to be the one I use. It works especially well in retail, where you have many models of product to choose from.

 

It’s “The Alternate Of Choice” close.

 

When I’m demonstrating a vacuum cleaner (this works with any product, I just sell vacuum cleaners), I ask several qualifying questions...to give the buyer the feeling that we are going to look at THE machine for them.

 

Then I show all the features that will apply to them…..and don’t mention the features that don’t apply to them.

 

Then, if I have only been showing one model, I introduce a second model. This second model will be very close in features and price to the one I just demonstrated.

 

For example;

“And this one is $699. We also have a similar model, that is the same in every way….except that it doesn’t include on-board attachments. The price on that one is $649. Do you think you would use the on board attachments if you had them?”

 

What they say next will tell me where I want to go. Do I care what they say? No.

Usually, I’ll hear something like “Yeah, I would probably use them to get in corners”…. Or “I almost never use the on board attachments. You save $50, you say?”

 

This “alternate of choice” does several things.;

It make the decision easier. They are now making a $50 decision, instead of a $699 one.

This method does not feel like selling to the customer. It feels like you are offering an alternative.

There is pent-up pressure inside the buyer at the point of buying. This technique relieves that pressure, by giving another choice.

If you are talking to a couple, this will give one of them an opportunity to tell the other one that they want what you are selling…”Honey, it’s entirely up to you, but I like the one with the attachments….don’t you?” If you can’t get the sale after one of them says that...I don’’t think you have a pulse.

 

I use this “alternate of choice”” more, if they hesitate at all....at the end. It’s a way to get them “back in the game” before they leave.

 

This close also works if you use three products...You use the product you want tem to buy...one to compare it to, at the same cost...and one that is substantially more in price. All three products are used to sell the middle one. For the last year or so, I’ve stuck to the “two product comparison” with equally good results

 

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Reviews from Amazon.com.

Your Survival Guide to Ad Reps Who Don't Know Any Better!, January 23, 2010

By Gloria Steinman "Obsessive Compulsive Book Re... (Sandusky, OH)

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If you have ever been approached by an ad rep, you know the feeling of confusion and frustration. They tell you how much your business will increase and how you will get SOOO many new customers. Then you run the ad, nothing happens, and the rep comes back and tells you to run it again to see if it works next time. Surely if you continue to run the ad SOMETHING will happen!

After months of spending hundreds or even thousands of dollars, many business will throw up their hands and proclaim "ADVERTISING JUST DOESN'T WORK!"

 But what you don't know, and to be honest the ad rep doesn't know it either, is that the simple act of purchasing an ad does not mean you will get a response!

There are tried and true "rules" to advertising and Claude's book is very good at laying those "rules" out in an easy to understand way. It is not the last book you should ever read on advertising but it can be used to IMMEDIATELY improve the response to YOUR advertising!

 I highly recommend this book to any small business that operates on a local level.

The $20 bucks you'll spend (at Amazon.com) on this book will be well worth it and if you actually put some of Claude's principles to work you could see a return on investment worth thousands of times the cost of this book! Claude has spent 10 years in the school of harsh reality and has tested and tweaked these methods for the survival of his own business.

Claude Whitacre is My Hero!

 An Incredibly Valuable Book!, January 19, 2010

By Mike McGroarty

The Unfair Advantage is an excellent book that every small business owner should have on their desk. Not their bookshelf, on the desk, and the pages should be dogeared from constantly refering to this book. All businesses need to and should advertise aggressively and this book really does give you an unfair advantage by teaching you how to craft your advetisements, and where and where not to place those advertisements. Advertising that doesn't work is expensive. Advertising that REALLY works is libertating and will take your business and your life to the next level and beyond.

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