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July 2006




Guaranteed
Pre-Approval /
Guaranteed
Results
By Ben Elliott
Take our customers...
Please!
Why chase false leads when you can have real,
qualified customers?
She completed an extensive application, pre-qualified
with flying colors, received her purchase check, and
now she just needs a car. Want her contact info?

Become a myAutoloan Preferred Dealer now.
Our approved customers arrive with financing in place.
Our qualified customers have passed an extensive
verification process through our Preferred Placement®
technology. Now, all you have to do is put them in the
driver’s seat.

Each month, we approve hundreds of qualified, ready-
to-buy customers in your area. They prefer all brands,
all models, and great service. But they don’t require
selling – they’re ready to buy!

To choose your spot on our Preferred Dealer Network
and start getting these customers, give us a call toll free
at 866.625.2668, send an email to contact@myautoloan.com,
or visit our Web Site at www.myautoloan.com/dealers.

In partnership with




    Complete Customer Contact Details
    Exclusive Territories
    Entire Credit Spectrum Applicants
    Exclusive Real-Time Leads by Zip Code
    24/7 Online Dealer Access
    Customers are Buying Now




       REAL LENDERS - REAL LOANS - REAL TIME
There’s Magic in Enthusiasm
                                                                                                                                                                                                          8            ZigZiglar

                                                                                                                                        Closing is Sweet Success                                          9            TomHopkins

                                                                                                                                    Why Your Customer Buys
                                                                                                                                                                                                         10            BrianTracy

                                                                             Guaranteed Pre-Approval / Guaranteed Results
                                                                                                                                                                                                         12            BenElliott

                                                                                  Employment Marketing to Attract Top Talent
                                                                                                                                                                                                         14            RogerHerman & JoyceGioia

                                                                                                                                                                          More Sales
                                                                                       Test Drive Fundamentals and the Essentials of Leasing More Cars
                                                                                                                                                                                                         16            JeffMorrill

                                                                               How to Flood Your Dealership With Customers
                                                                                                                                                                                                         18            MarkTewart

                                                            Scott’s Individualized Consultation Transcripts, Part 2
                                                                                                                                                                                                         20            ScottJoseph

                                                              RickCase.com Uses E-Mail Marketing to Increase Sales
                                                                                      Dealership Increases Sales From 250 to 500+ in Just Nine Months
                                                                                                                                                                                                         22            PhilCohen

                                                                                                   Brewster Makes Every Delivery Special
                                                                                                                                                                                                         24            DebBrewster

                                                                                                The 7 Commandments of Selling, Part 3
                                                                                                                                                                                                         28            DavidJacobson

                                                                                                                                            Home Field Advantage
                                                                                                                                                               Your Web Site at Work
                                                                                                                                                                                                         30            DavidKain

                                                  Women Speak in Estrogen and Men Listen in Testosterone
                                                                                                                                                                                                         32            DeborahRenshaw

                                                                                                                                                          E-Mail Marketing
                                                                                                                                                                                                         33            DavidJohnson

                                                                                              Developing the Traits of a Leader, Part 2
                                                                                                                                                                                                         34            SeanWolfington

                                                                                                        Finding Your Next Business Manager
                                                                                                                                                                                                         36            TonyDupaquier

                                                                                                             No Such Thing as a Self-Made Man
                                                                                                                                                                                                         37            JesseBiter

                                                                                              Conducting a Self-Audit in Sales and F&I
                                                                                                             Things You Should Check Before Someone Else Does
                                                                                                                                                                                                         38            CharlesArrambide


cover                    12                                      Disclosure + Transparency + Training = Compliance

                                                                                                          Is Sales-Floor Mentality Costing You
                                                                                                                                                                                                         40
                                                                                                                                                                                                         41
                                                                                                                                                                                                                       BobHarkins

                                                                                                                                                                                                                       MikeParsons

                                                                                                            Investing the Fundamentals, Part 2
                                                                                                                                                                                                         42            TimShea


                                                                                                 How to Open the Door to the Elevator Conversation, Part 2
                                                                                                                                                                             Going Up
                                                                                                                                                                                                         44            PattiWood



                                                                                                                                                          Patrick Luck, Editor & Publisher                                      Courtney Paris, Sales-improvement Strategist
                                                                                                                                                          luck43@autosuccessonline.com                                          courtney.paris@autosuccessonline.com

                                                                                                                                                          Susan Givens, Vice President                                          Brian Ankney, Sales-improvement Strategist
                                                                                                                                                          sgivens1@autosuccessonline.com                                        super6@autosuccessonline.com
                                                                             3411 Pinnacle Gardens Drive
                                                                             Louisville, Kentucky 40245                                                   Thomas Williams, Creative Director                                    Brian Balash, Sales-improvement Strategist
                                                                                                                                                          design@autosuccessonline.com                                          bb11@autosuccessonline.com
                                                                             toll free: 877.818.6620
                                                                             facsimile: 502.588.3170                                                      Dave Davis, Creative Strategist                                       Charlie Tierney, Sales-improvement Strategist
                                                                             web: www.AutoSuccessOnline.com                                               ddavis@autosuccessonline.com                                          cpt2@autosuccessonline.com

                                                                             helping to promote...
                                                                                                                                                                                                 Psalms 37: 3-5
                                                                                                                                                                 Trust in the Lord, and do good: so you will dwell in the land, and enjoy security.
                                                                                                                                                                     Take delight in the Lord, and He will give you the desires of your heart.
                                                                                                                                                                            Commit your way to the Lord: trust in Him, and He will act.
                     God is the source of all supply

AutoSuccess Magazine is published monthly at 3411 Pinnacle Gardens Drive, Louisville, Kentucky, 40245; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or info@autosuccessonline.com. Subscription rate is $75 per year.
AutoSuccess welcomes unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content and page length. AutoSuccess provides its contributing writers latitude in expressing advice and solutions;
views expressed are not necessarily those of AutoSuccess and by no means reflect any guarantees. AutoSuccess accepts no liability in respect of the content of any third party material appearing in this magazine or in respect of the content of any other magazine to which this
magazine may be linked from time to time. Always confer with legal counsel before implementing changes in procedures.© All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in
whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess may occasionally make readers’ names available to other companies whose products and/or services may be of interest; readers may request that
names be removed by calling 877.818.6620. Printed in the USA. Postmaster: Send address changes to AutoSuccess Magazine, 3411 Pinnacle Gardens Drive, Louisville, Kentucky 40245.
sts   fos    ls   ms     sf   fis
                                                                                                                            ZigZiglar
   sales and training solution




                         There’s Magic in Enthusiasm
                    Nothing great ever        outward expression of inner feelings. When       Third, take ACTION. Remember, logic
                    happens     without       this happens, you become a very effective        will not change an emotion, but action
                    enthusiasm.               sales professional. Here is a magic formula      will. Successful people make a habit
                                              for leading a more enthusiastic life. When       of taking action on those things that
                    Enthusiasm is the         you implement these action steps, you will       unsuccessful people fail to do.
difference between competing and winning.     feel the magic.
                                                                                               So, there you have the magic of enthusiasm:
When a word is overused, it can lose its      First, ACTIVATE your motivators. Why             Activate your motivators; Analyze what
power and its meaning. Enthusiasm can         are you in the world of sales? Why are           you need to improve upon; and take Action.
be just that type of word. However, when      you making contacts, phone calls, and all
we study enthusiasm, we can capture its       those prospecting activities? Remember           Yes, you are absolutely correct. This
true meaning and, therefore, re-capture its   what motivates you and activate those            is certainly not magic. It gets back to
power. Enthusiasm has nothing to do with      motivators.                                      following the steps necessary for success. I
jumping and shouting. That’s hysteria,                                                         enthusiastically encourage you to “go get
and it’s giving enthusiasm a bad name. The    Second, ANALYZE what you need to                 ‘em today.”
origin of enthusiasm comes from the Greek     do, or what you need to learn, in order to
root words en theos. This means “the god      become more successful. Realize that you
within.” This powerful word is really an      never graduate from selling. You need to
internal feeling. There is the power of the   invest and improve in those areas that will      Zig Ziglar is the chairman of the board of
last four letters of enthusiasm: I Am Sold    assist you in performing your sales activities   Ziglar Training Systems in Dallas, TX. This
                                                                                               article was reprinted with permission. All
Myself. With “God within you” and being       more effectively. Once you develop those         rights reserved. He can be contacted at
sold on yourself, you are well on your way    skills, you will act more confident and more      866.873.0026, or by e-mail at
to being enthusiastic. This leads you to an   enthusiastic.                                    zziglar@autosuccessonline.com.




  8                                                                                                  www.autosuccessonline.com
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                                                                               TomHopkins
   sales and training solution


                                      Closing is
                                   Sweet Success
                     In the selling profession,     record-breaking success it soon became.
                     closing is the winning
                     score, the bottom line,        Ask your closing question - then keep quiet. It
                     the name of the game,          sounds simple, doesn’t it? Believe me, it isn’t.
                     the cutting edge, the          I had a real challenge in this area, and I didn’t
                     point of it all. We all        have a clue as to what I was doing wrong until
know lots of techniques for prospecting,            I heard J. Douglas Edwards say those words.
meeting new people, building referrals,             The first time I tried to ask a closing question
qualifying, presenting or demonstrating             and then keep quiet, I was prepared for the
our products and services, and overcoming           prospect’s reaction. I expected them to keep
objections.                                         silent. What I hadn’t prepared for was the
But, if you can’t close, you’re like a football     intensity of my own reaction; the silence felt
team that can’t sustain a drive long enough to      like wet sand being piled on my chest. My
score. It does you no good to play the whole        insides were churning, I had to bite the inside
game in your own territory and never get            of my lip and I was acutely aware of every
across the other team’s goal line.                  nerve ending in my body. It was a gargantuan
                                                    struggle not to fidget. Finally, the prospects
If you don’t love the closing process enough        did decide that they would invest, and I never
to master it now, start falling in love because     again dreaded that awful silence after asking
this is where the money is.                         a closing question.
True professionals are closing most of the          Why is it so important to keep quiet? Say
time. They close for names and contact              the prospect hesitates for a few moments,
information. They close for appointments.           wondering when they should take delivery.
They close for opportunities to present their       You become uncomfortable and assume that
product or service. They are constantly trying      they are questioning the investment, so you
test closes, and they can kick into their final      blurt out that you’ll give them another 20
closing sequence anytime they smell success.        percent off the total investment, when that
                                                    wasn’t even the issue. You can’t know what           "Processing vehicles to the Internet
Many average sales people get so wrapped up         they’re thinking when they’re quiet, so don’t        has never been easier. We take
in their selling sequence that if the prospect      try to guess. Just sit and wait.                     multiple photos of each vehicle and
decides to invest before they’re through,
                                                                                                         save time with the VinStickers system.
they won’t let them have the product. They          The average sales person can’t wait more than
                                                                                                         The photo uploading is seamless,
just keep going in their set pattern of telling,    10 seconds after asking a closing question.
                                                                                                         simple and cost effective. Our sales
telling, telling instead of selling. Some clients   If “Mrs. Jones” hasn’t answered by then,
                                                                                                         data is accurate and powerful. We
get sold quickly. If you keep talking instead of    they’ll say something like, “Well, we can talk
getting the final agreement, you might unsell        about that later,” and go on talking, unaware        don't wait for someone once a week
them just as fast. More talk triggers more          that they have just destroyed the closing            and the savings are enormous. We
objections. Pay close attention. When the           momentum. And it’s probably not just the             give it our highest marks."
prospect is ready, stop talking and start filling    one close that is destroyed. “Mrs. Jones” can
out those forms.                                    certainly keep quiet for a few moments—
                                                    almost all undecided buyers can. If you’re
Next, I’m going to give you the eight most          true champion material, you can sit there
important words in the art of closing. These        quietly all afternoon, if you have to. It takes
are the most powerful words spoken on the           concentration, but the actual silence after
complex, demanding and well-paid art of             asking for the sale rarely lasts longer than 30
closing. If you’re just skimming this article       to 40 seconds.
and haven’t marked anything yet, get your                                                                Dustin Zeck - GM - Danny Zeck Ford
highlighter now. Here they are:                     Having the skill, courage, and concentration
                                                                                                         Lincoln Mercury, Leavenworth, KS
                                                    to sit still and be silent for at least half a
When you ask a closing question, shut up.           minute is the single most vital skill there is
The important words are shut up. That is why        in selling. Practice this until you get a feel for
the late J. Douglas Edwards used to shout this      how long 30 seconds is, and then it won’t be
at his audiences. I was sitting in the front row    so nerve-wracking when big money is riding
the first time I heard these words. I was already    on how calm and quiet you can remain in a
jumpy from the excitement of the seminar, and       real closing situation.
when Doug shouted “SHUT UP,” I dove for             World-renowned master sales trainer Tom
cover. That memory is carved into my mind,          Hopkins is the chairman of Tom Hopkins                  VinStickers.com
along with those words. They explain the            International. He can be contacted at                    866.662.1984
single-most important element in turning my         866.347.6148, or by e-mail at
disastrous sales experience at that time into the   thopkins@autosuccessonline.com.                      sales@vinstickers.com

july 2006
                                                                                                                                            9
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                                                                                                                          BrianTracy
                  leadership solution




                           Why Your Customer Buys
                     Why      does     your   buying your products or service? Amongst       has very much to do with how the purchase
                     customer buy? This       the various benefits available to him or her,   is viewed by others, and is important.
                     is the most important    what are the tangible benefits and what are     Describing the components and features of a
                     question in selling.     the intangible benefits? A tangible benefit is   product or service is how you point out to the
                     What benefits does        something the customer can touch and feel.     customer the tangible benefits of purchasing
                     he seek? What is he      It is something the customer can hold up and   and using it.
attempting to avoid, achieve or preserve by   show to someone else. A tangible benefit
                                                                                             However, as we have seen, the intangible
                                                                                             benefits are largely emotional. They are
                                                                                             concerned with pride, status, security,
                                                                                             admiration and respect of others, and other
                                                                                             factors that make the person feel happy
                                                                                             that he or she has purchased what you are
                                                                                             selling.

                                                                                             A person who buys a Rolex watch will
                                                                                             explain it to others in terms of its gold case,
                                                                                             its jeweled Swiss movement, the fact that it
                                                                                             is waterproof to 330 feet and the tremendous
                                                                                             accuracy for which it is famous. But none of
                                                                                             these are reasons for buying a Rolex.

                                                                                             The real reasons, the intangible benefits, are
                                                                                             the feeling of success, prestige and status
                                                                                             that a person gets when he or she wears a
                                                                                             Rolex in the presence of people who are
                                                                                             wearing less expensive timepieces. It is the
                                                                                             unspoken statement that “I have arrived”
                                                                                             that the customer is making that causes him
                                                                                             to buy the watch in the first place.

                                                                                             What are the tangible benefits of buying and
                                                                                             using your product or service, and what are
                                                                                             the intangible benefits? What are the tangible
                                                                                             and intangible benefits of dealing with you as
                                                                                             a sales person? What are the obvious payoffs
                                                                                             of dealing with you, and what are the not-so-
                                                                                             obvious payoffs?

                                                                                             Now, here are two things you can do
                                                                                             immediately to put these ideas into action:

                                                                                             First, identify the specific tangible benefits
                                                                                             your customer will enjoy from ownership
                                                                                             and use of your produce or service. How
                                                                                             could you prove these to your prospect?

                                                                                             Second, identify the intangible, emotional
                                                                                             reasons why your customer buys from you.
                                                                                             How could you demonstrate and emphasize
                                                                                             these benefits in your sales conversation?



                                                                                             Brian Tracy is the chairman and CEO
                                                                                             of Brian Tracy International. He ca n be
                                                                                             contacted at 866.300.9881, or by e-mail at
                                                                                             btracy@autosuccessonline.com.


  10                                                                                               www.autosuccessonline.com
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AutoSuccess Jul06

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  • 6. Take our customers... Please! Why chase false leads when you can have real, qualified customers? She completed an extensive application, pre-qualified with flying colors, received her purchase check, and now she just needs a car. Want her contact info? Become a myAutoloan Preferred Dealer now. Our approved customers arrive with financing in place. Our qualified customers have passed an extensive verification process through our Preferred Placement® technology. Now, all you have to do is put them in the driver’s seat. Each month, we approve hundreds of qualified, ready- to-buy customers in your area. They prefer all brands, all models, and great service. But they don’t require selling – they’re ready to buy! To choose your spot on our Preferred Dealer Network and start getting these customers, give us a call toll free at 866.625.2668, send an email to contact@myautoloan.com, or visit our Web Site at www.myautoloan.com/dealers. In partnership with Complete Customer Contact Details Exclusive Territories Entire Credit Spectrum Applicants Exclusive Real-Time Leads by Zip Code 24/7 Online Dealer Access Customers are Buying Now REAL LENDERS - REAL LOANS - REAL TIME
  • 7. There’s Magic in Enthusiasm 8 ZigZiglar Closing is Sweet Success 9 TomHopkins Why Your Customer Buys 10 BrianTracy Guaranteed Pre-Approval / Guaranteed Results 12 BenElliott Employment Marketing to Attract Top Talent 14 RogerHerman & JoyceGioia More Sales Test Drive Fundamentals and the Essentials of Leasing More Cars 16 JeffMorrill How to Flood Your Dealership With Customers 18 MarkTewart Scott’s Individualized Consultation Transcripts, Part 2 20 ScottJoseph RickCase.com Uses E-Mail Marketing to Increase Sales Dealership Increases Sales From 250 to 500+ in Just Nine Months 22 PhilCohen Brewster Makes Every Delivery Special 24 DebBrewster The 7 Commandments of Selling, Part 3 28 DavidJacobson Home Field Advantage Your Web Site at Work 30 DavidKain Women Speak in Estrogen and Men Listen in Testosterone 32 DeborahRenshaw E-Mail Marketing 33 DavidJohnson Developing the Traits of a Leader, Part 2 34 SeanWolfington Finding Your Next Business Manager 36 TonyDupaquier No Such Thing as a Self-Made Man 37 JesseBiter Conducting a Self-Audit in Sales and F&I Things You Should Check Before Someone Else Does 38 CharlesArrambide cover 12 Disclosure + Transparency + Training = Compliance Is Sales-Floor Mentality Costing You 40 41 BobHarkins MikeParsons Investing the Fundamentals, Part 2 42 TimShea How to Open the Door to the Elevator Conversation, Part 2 Going Up 44 PattiWood Patrick Luck, Editor & Publisher Courtney Paris, Sales-improvement Strategist luck43@autosuccessonline.com courtney.paris@autosuccessonline.com Susan Givens, Vice President Brian Ankney, Sales-improvement Strategist sgivens1@autosuccessonline.com super6@autosuccessonline.com 3411 Pinnacle Gardens Drive Louisville, Kentucky 40245 Thomas Williams, Creative Director Brian Balash, Sales-improvement Strategist design@autosuccessonline.com bb11@autosuccessonline.com toll free: 877.818.6620 facsimile: 502.588.3170 Dave Davis, Creative Strategist Charlie Tierney, Sales-improvement Strategist web: www.AutoSuccessOnline.com ddavis@autosuccessonline.com cpt2@autosuccessonline.com helping to promote... Psalms 37: 3-5 Trust in the Lord, and do good: so you will dwell in the land, and enjoy security. Take delight in the Lord, and He will give you the desires of your heart. Commit your way to the Lord: trust in Him, and He will act. God is the source of all supply AutoSuccess Magazine is published monthly at 3411 Pinnacle Gardens Drive, Louisville, Kentucky, 40245; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or info@autosuccessonline.com. Subscription rate is $75 per year. AutoSuccess welcomes unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content and page length. AutoSuccess provides its contributing writers latitude in expressing advice and solutions; views expressed are not necessarily those of AutoSuccess and by no means reflect any guarantees. AutoSuccess accepts no liability in respect of the content of any third party material appearing in this magazine or in respect of the content of any other magazine to which this magazine may be linked from time to time. Always confer with legal counsel before implementing changes in procedures.© All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess may occasionally make readers’ names available to other companies whose products and/or services may be of interest; readers may request that names be removed by calling 877.818.6620. Printed in the USA. Postmaster: Send address changes to AutoSuccess Magazine, 3411 Pinnacle Gardens Drive, Louisville, Kentucky 40245.
  • 8.
  • 9. sts fos ls ms sf fis ZigZiglar sales and training solution There’s Magic in Enthusiasm Nothing great ever outward expression of inner feelings. When Third, take ACTION. Remember, logic happens without this happens, you become a very effective will not change an emotion, but action enthusiasm. sales professional. Here is a magic formula will. Successful people make a habit for leading a more enthusiastic life. When of taking action on those things that Enthusiasm is the you implement these action steps, you will unsuccessful people fail to do. difference between competing and winning. feel the magic. So, there you have the magic of enthusiasm: When a word is overused, it can lose its First, ACTIVATE your motivators. Why Activate your motivators; Analyze what power and its meaning. Enthusiasm can are you in the world of sales? Why are you need to improve upon; and take Action. be just that type of word. However, when you making contacts, phone calls, and all we study enthusiasm, we can capture its those prospecting activities? Remember Yes, you are absolutely correct. This true meaning and, therefore, re-capture its what motivates you and activate those is certainly not magic. It gets back to power. Enthusiasm has nothing to do with motivators. following the steps necessary for success. I jumping and shouting. That’s hysteria, enthusiastically encourage you to “go get and it’s giving enthusiasm a bad name. The Second, ANALYZE what you need to ‘em today.” origin of enthusiasm comes from the Greek do, or what you need to learn, in order to root words en theos. This means “the god become more successful. Realize that you within.” This powerful word is really an never graduate from selling. You need to internal feeling. There is the power of the invest and improve in those areas that will Zig Ziglar is the chairman of the board of last four letters of enthusiasm: I Am Sold assist you in performing your sales activities Ziglar Training Systems in Dallas, TX. This article was reprinted with permission. All Myself. With “God within you” and being more effectively. Once you develop those rights reserved. He can be contacted at sold on yourself, you are well on your way skills, you will act more confident and more 866.873.0026, or by e-mail at to being enthusiastic. This leads you to an enthusiastic. zziglar@autosuccessonline.com. 8 www.autosuccessonline.com
  • 10. sts fos ls ms sf fis TomHopkins sales and training solution Closing is Sweet Success In the selling profession, record-breaking success it soon became. closing is the winning score, the bottom line, Ask your closing question - then keep quiet. It the name of the game, sounds simple, doesn’t it? Believe me, it isn’t. the cutting edge, the I had a real challenge in this area, and I didn’t point of it all. We all have a clue as to what I was doing wrong until know lots of techniques for prospecting, I heard J. Douglas Edwards say those words. meeting new people, building referrals, The first time I tried to ask a closing question qualifying, presenting or demonstrating and then keep quiet, I was prepared for the our products and services, and overcoming prospect’s reaction. I expected them to keep objections. silent. What I hadn’t prepared for was the But, if you can’t close, you’re like a football intensity of my own reaction; the silence felt team that can’t sustain a drive long enough to like wet sand being piled on my chest. My score. It does you no good to play the whole insides were churning, I had to bite the inside game in your own territory and never get of my lip and I was acutely aware of every across the other team’s goal line. nerve ending in my body. It was a gargantuan struggle not to fidget. Finally, the prospects If you don’t love the closing process enough did decide that they would invest, and I never to master it now, start falling in love because again dreaded that awful silence after asking this is where the money is. a closing question. True professionals are closing most of the Why is it so important to keep quiet? Say time. They close for names and contact the prospect hesitates for a few moments, information. They close for appointments. wondering when they should take delivery. They close for opportunities to present their You become uncomfortable and assume that product or service. They are constantly trying they are questioning the investment, so you test closes, and they can kick into their final blurt out that you’ll give them another 20 closing sequence anytime they smell success. percent off the total investment, when that wasn’t even the issue. You can’t know what "Processing vehicles to the Internet Many average sales people get so wrapped up they’re thinking when they’re quiet, so don’t has never been easier. We take in their selling sequence that if the prospect try to guess. Just sit and wait. multiple photos of each vehicle and decides to invest before they’re through, save time with the VinStickers system. they won’t let them have the product. They The average sales person can’t wait more than The photo uploading is seamless, just keep going in their set pattern of telling, 10 seconds after asking a closing question. simple and cost effective. Our sales telling, telling instead of selling. Some clients If “Mrs. Jones” hasn’t answered by then, data is accurate and powerful. We get sold quickly. If you keep talking instead of they’ll say something like, “Well, we can talk getting the final agreement, you might unsell about that later,” and go on talking, unaware don't wait for someone once a week them just as fast. More talk triggers more that they have just destroyed the closing and the savings are enormous. We objections. Pay close attention. When the momentum. And it’s probably not just the give it our highest marks." prospect is ready, stop talking and start filling one close that is destroyed. “Mrs. Jones” can out those forms. certainly keep quiet for a few moments— almost all undecided buyers can. If you’re Next, I’m going to give you the eight most true champion material, you can sit there important words in the art of closing. These quietly all afternoon, if you have to. It takes are the most powerful words spoken on the concentration, but the actual silence after complex, demanding and well-paid art of asking for the sale rarely lasts longer than 30 closing. If you’re just skimming this article to 40 seconds. and haven’t marked anything yet, get your Dustin Zeck - GM - Danny Zeck Ford highlighter now. Here they are: Having the skill, courage, and concentration Lincoln Mercury, Leavenworth, KS to sit still and be silent for at least half a When you ask a closing question, shut up. minute is the single most vital skill there is The important words are shut up. That is why in selling. Practice this until you get a feel for the late J. Douglas Edwards used to shout this how long 30 seconds is, and then it won’t be at his audiences. I was sitting in the front row so nerve-wracking when big money is riding the first time I heard these words. I was already on how calm and quiet you can remain in a jumpy from the excitement of the seminar, and real closing situation. when Doug shouted “SHUT UP,” I dove for World-renowned master sales trainer Tom cover. That memory is carved into my mind, Hopkins is the chairman of Tom Hopkins VinStickers.com along with those words. They explain the International. He can be contacted at 866.662.1984 single-most important element in turning my 866.347.6148, or by e-mail at disastrous sales experience at that time into the thopkins@autosuccessonline.com. sales@vinstickers.com july 2006 9
  • 11. sts fos ls ms sf fis BrianTracy leadership solution Why Your Customer Buys Why does your buying your products or service? Amongst has very much to do with how the purchase customer buy? This the various benefits available to him or her, is viewed by others, and is important. is the most important what are the tangible benefits and what are Describing the components and features of a question in selling. the intangible benefits? A tangible benefit is product or service is how you point out to the What benefits does something the customer can touch and feel. customer the tangible benefits of purchasing he seek? What is he It is something the customer can hold up and and using it. attempting to avoid, achieve or preserve by show to someone else. A tangible benefit However, as we have seen, the intangible benefits are largely emotional. They are concerned with pride, status, security, admiration and respect of others, and other factors that make the person feel happy that he or she has purchased what you are selling. A person who buys a Rolex watch will explain it to others in terms of its gold case, its jeweled Swiss movement, the fact that it is waterproof to 330 feet and the tremendous accuracy for which it is famous. But none of these are reasons for buying a Rolex. The real reasons, the intangible benefits, are the feeling of success, prestige and status that a person gets when he or she wears a Rolex in the presence of people who are wearing less expensive timepieces. It is the unspoken statement that “I have arrived” that the customer is making that causes him to buy the watch in the first place. What are the tangible benefits of buying and using your product or service, and what are the intangible benefits? What are the tangible and intangible benefits of dealing with you as a sales person? What are the obvious payoffs of dealing with you, and what are the not-so- obvious payoffs? Now, here are two things you can do immediately to put these ideas into action: First, identify the specific tangible benefits your customer will enjoy from ownership and use of your produce or service. How could you prove these to your prospect? Second, identify the intangible, emotional reasons why your customer buys from you. How could you demonstrate and emphasize these benefits in your sales conversation? Brian Tracy is the chairman and CEO of Brian Tracy International. He ca n be contacted at 866.300.9881, or by e-mail at btracy@autosuccessonline.com. 10 www.autosuccessonline.com