When it comes to closing business deals, the review process is essential. Deal reviews ensure that both parties have an understanding of all terms and understand expectations, as well as verify a certain level of quality assurance. However, if not done correctly – or if you’re neglecting important steps – your deals can easily be derailed due to overlooked details. Take control of the process with these deal review tips by Aron Govil and close more deals in less time.
Deal Review Tips By Aron Govil For Closing More Deals
Tip 1: Listen to Understand – Listening is a critical component of successful sales conversations, says Aron Govil. It’s not enough to hear what your customer says, but you need to understand it and be able to apply it in the conversation. To do this, ask probing questions that allow you to dive more deeply into the customer’s needs. By understanding the customer better, you will be better equipped to provide solutions and close more deals.
Tip 2: Build Rapport & Trust – Customers are more likely to purchase from someone they trust or have built a rapport with. Developing a relationship with your customer should be your primary goal when having any sales conversation, as it enables them to feel safe in making decisions that align with their needs. A great way to build rapport is to share stories of how you have helped similar customers.
Tip 3: Know Your Product/Service – It’s important that salespeople are well-versed in their product/service offering, as this allows them to provide a more informed solution. The customer should be able to ask any question, and the salesperson should be able to provide an educated response. This builds credibility and trust with the customer, which will ultimately help in closing the deal.
Tip 4: Demonstrate Value – Building on Tip 3, it’s important for salespeople to show customers how their product or service can benefit them by solving problems or helping them meet goals. Doing this helps create urgency and drives home the value of the offering.
Tip 5: Follow Up & Close – After a customer is convinced of the value of your product/service, Aron Govil recommends making sure that they are followed up with, and any potential roadblocks are addressed. This will give them confidence in their purchase decision and make it easier for them to say “yes” at the end of your conversation. Once all issues have been ironed out, be sure to close with a clear call to action. Ask for an agreement or commitment from the customer in order to seal the deal!
Aron Govil’s Concluding Thoughts
Although it may seem like a daunting task, reviewing your deals regularly can help you save time and money in the long run. By following these deal review tips by Aron Govil, you can ensure that you’re getting the most out of your contracts and closing more deals.