A key element of reducing the sales process is to ensure your customer is fully aware of the value that your product or service will provide them.
If you've established a return-on-investment, it provides more motivation for your customer to buy.
Adding incentives to "buy now," such as discounting the fees or providing additional services can also motivate your customer to make a decision sooner.
One of the real threats in stretching out the sales cycle is not knowing who the decision maker is.
Often times, you may be interacting with someone who is not capable of making a decision.
They may be an evaluator or user of your product or service, but they don't have the authority to sign the order.
The key to this is to establish relationships with those individuals who will either influence the decision or actually make it.
Spend your time with those who can make a decision.
Anticipating potential objections to your customer buying is also a way to facilitate closing business faster. If you have well-thought-out answers to questions that may prevent a decision to be made, this will remove obstacles out of the way. Closing business faster is a mainstay in increasing revenue in your small business.
Dick Jones is the Founder & President of Jones Simply Sales in Alpharetta, Ga. As a 4th generation sales professional, he has over 30 years of experience advising, coaching, consulting and working with small business owners. Office: 770-663-4681, web: www.simplysalesllc.com