What is the 123 closing technique?

What is the 123 closing technique?

August 13, 202412 min read

The 123 closing technique is a simple way to seal the deal in sales. It's all about giving your prospect three options to choose from. This method makes buying easier by narrowing down choices and creating a sense of control for the customer.

Think of it like this: you're not just selling, you're guiding. You present three solid choices, each with its own perks. This approach helps your client feel like they're making a smart decision, not being pushed into a corner.

It's a win-win. You boost your chances of making a sale, and your customer walks away feeling good about their choice. The 123 close is a powerful tool in your sales toolkit. Master it, and you'll see your success rate climb.

Key Takeaways

  • The 123 close offers three options to simplify the buying decision

  • This technique gives customers a sense of control in their purchase

  • Mastering the 123 close can significantly boost your sales success rate

Understanding the 123 Closing Technique

The 123 closing technique is a powerful way to seal deals. It simplifies the buying decision for customers and boosts your sales success. Let's dig into how it works and why it's so effective.

Origins and Concept

The 123 closing technique comes from the world of sales pros. It's all about making things easy for your customer. You give them three clear options to choose from.

Here's how it works:

  1. Present three product or service choices

  2. Highlight the benefits of each

  3. Let the customer pick their favorite

It's like giving them a menu, but for your product. You're not overwhelming them with too many choices. Just three solid options.

This technique simplifies the buying decision process. It's perfect when you're trying to close a sale. You're guiding the customer, but they still feel in control.

Why It's Effective

The 123 closing technique works because it taps into human psychology. People love choices, but not too many. Three is the magic number.

Here's why it's so powerful:

  • It creates a sense of control for the buyer

  • It reduces decision paralysis

  • It makes your offer feel more tailored

When you use this technique, you're not just selling. You're helping customers make a decision they feel good about.

By summarizing in sets of three, you're making it easy for your customer's brain. They can quickly compare and choose. It's like you're doing the hard work for them.

In a nutshell, the 123 close is a simple way to boost your close rate and make customers happy.

Preparing to Use the 123 Closing Technique

Before you dive in, you need to lay some groundwork. Get ready to identify what your customer really wants, build a solid connection, and craft a killer pitch. These steps will set you up for success.

Identifying Customer Needs

You've got to know what makes your customer tick. Listen more than you talk. Ask smart questions that dig deep into their pain points.

What keeps them up at night? What problems are they dying to solve?

Take notes. Seriously, write this stuff down. It's gold.

Remember, you're not just selling a product. You're offering a solution to their specific needs. When you nail this part, the rest gets way easier.

Building Trust and Rapport

Time to get real with your customer. Drop the salesy act and be a human. Share a joke or a quick story. Find common ground.

Show genuine interest in their business or life. It's not about faking it. It's about creating a connection.

Be honest about what your product can and can't do. No BS. Customers smell that from a mile away.

When they trust you, they're more likely to buy from you. It's that simple.

Crafting Your Sales Pitch

Now it's showtime. Take everything you've learned and build your pitch around it.

Focus on the top 3 benefits that matter most to your customer. This is where the 123 technique shines.

Keep it simple. No jargon. Talk like a normal person.

Practice your pitch until it flows naturally. But don't sound like a robot. Keep it conversational.

Use stories or examples to make your points stick. People remember stories way better than facts and figures.

Anticipate objections and have answers ready. But don't get defensive. Stay cool and confident.

Executing the 123 Closing Technique

The 123 closing technique is a simple yet powerful way to seal the deal. It breaks down the sales process into three easy steps. Let's dive in and see how it works.

Phase One: The Lead-Up

You start by building rapport with your prospect. Chat about their needs and pain points. Show them you're not just another pushy salesperson.

Ask questions. Listen carefully. Take notes if you need to.

Your goal? To understand their situation inside and out. This sets the stage for your pitch.

Remember, people buy from those they like and trust. So be likable and trustworthy!

Phase Two: The Hook

Now it's time to reel them in. Present your product or service as the solution to their problems.

Use the info you gathered in phase one. Tailor your pitch to their specific needs.

Highlight the top three benefits. Why three? It's easy to remember and doesn't overwhelm.

Get them nodding along. Use phrases like:

  • "Can you see how this would help?"

  • "Does this sound like what you're looking for?"

Their agreement builds momentum towards the close.

Phase Three: The Close

This is where the magic happens. You've set the stage, now it's time to seal the deal.

Use an assumptive close. Act like the sale is already done. Say something like:

"So, should we start with the basic package or the premium?"

If they hesitate, try a takeaway close. Make them fear missing out:

"You know, this offer is only good until Friday..."

Still not biting? Go for the puppy dog close. Let them try it risk-free:

"Why don't you give it a shot for 30 days? If you're not thrilled, we'll refund every penny."

Remember, closing isn't about being pushy. It's about guiding your prospect to a decision that benefits them.

Common Variations of Closing Techniques

Sales pros use different tricks to seal the deal. These methods help you push buyers over the finish line. Let's look at some popular closing moves.

Summary Close

You know that feeling when you're about to buy something big? The Summary Close hits that sweet spot. It's like a highlight reel of all the good stuff.

You list out the key benefits. Remind them why they were interested in the first place. It's not just a recap - it's a powerful push.

This technique works because it brings everything together. You're painting the full picture. It helps buyers see the value clearly.

Remember, keep it snappy. Hit the main points. Don't bore them with every little detail.

Question Close

Ever feel like you're in the hot seat? That's the Question Close in action. But you're not the one sweating - your buyer is.

You ask pointed questions. They're designed to get a "yes." Each "yes" builds momentum.

"Do you like the product?" "Would this solve your problem?" "Is the price within your budget?"

It's not an interrogation. It's a guided tour to a sale. You're helping them realize they want it.

The key? Listen closely to their answers. They might give you clues for the final push.

Now or Never Close

Tick tock, the clock is ticking! That's the vibe of the Now or Never Close. It's all about creating urgency.

You offer a special deal. But it's only good for a limited time. "Buy today and get 20% off!" "Only 3 left in stock!"

This technique taps into FOMO - fear of missing out. Nobody wants to lose a good deal.

Be careful though. Don't be pushy. You want them excited, not annoyed.

Use it when you know they're close to buying. It can be the final nudge they need.

Overcoming Objections with the 123 Close

The 123 Close is a powerful tool for handling customer hesitations and turning rejections into sales. It's all about addressing concerns head-on and showing value.

Handling Hesitations

When a customer hesitates, don't panic. Use the 123 Close to tackle their doubts. Start by acknowledging their concern. Then, share how others felt the same way. Finally, explain how those people found success with your product.

For example: "I get it. The price seems high. Many of our best clients felt that way at first. But they soon realized the value far outweighed the cost."

This method builds trust and shows you're on their side. It's like saying, "Hey, I've been there too. Let me show you why it's worth it."

Turning 'Nos' into 'Yeses'

Got a 'no'? No problem. The 123 Close can flip that script. First, dig deeper to understand their real objection. Ask questions. Listen closely.

Then, use the Columbo close. Act like you're about to leave, then turn back with one last question. This often reveals their true concerns.

Finally, address that concern directly. Show how your product solves their specific problem. Make it personal. Make it real.

Remember, a 'no' often means "not yet." Your job is to show them why "now" is the right time to say yes.

Enhancing the 123 Closing Technique

The 123 closing technique is powerful, but you can make it even better. Let's explore some ways to supercharge your sales game and close more deals.

Creating Urgency

Want to light a fire under your prospects? Create urgency. It's like putting a ticking clock on their decision.

Tell them about limited-time offers. Mention how many units are left in stock. Drop hints about price increases coming soon.

You can use the scarcity close to make your offer seem rare and valuable. People hate missing out on good stuff. Use that to your advantage.

Try saying things like: "This deal ends at midnight" or "We only have 5 spots left". It gets people moving fast.

Remember, urgency isn't about being pushy. It's about showing real reasons why they should act now.

Offering Exclusivity

Everyone loves feeling special. Make your customers feel like VIPs and watch your sales soar.

Offer something unique that only they can get. Maybe it's early access to a new product. Or a special bundle just for them.

You could say: "I'm offering this to you first because you're one of our best customers". It makes them feel important.

Exclusivity taps into people's desire to have what others don't. It's like giving them a backstage pass to your best offerings.

Just make sure your exclusive offer is actually valuable. Don't fake it. People can smell BS from a mile away.

Presenting Alternatives

Give your prospects options, but not too many. It's like a choose-your-own-adventure book for sales.

Present three choices: good, better, and best. It lets them feel in control while still guiding them towards a sale.

You might say: "Option A gives you X, Option B adds Y, and Option C includes everything plus Z". It helps them see the value clearly.

This approach works well with the 123 closing technique. You're already thinking in threes, so why not apply it to your product options too?

Remember, the goal isn't to confuse them. It's to help them find the best fit. Guide them, don't push them.

Advanced Strategies for Sales Professionals

Want to take your sales game to the next level? These techniques will give you an edge over the competition and help you close more deals.

The Artisan Close

The artisan close is all about crafting a custom solution for your client. It's like being a master chef, but instead of food, you're serving up tailored solutions.

Here's how to do it:

  1. Listen carefully to your client's needs.

  2. Show them you understand their unique situation.

  3. Create a solution that fits like a glove.

This approach works wonders in B2B sales. It makes your clients feel special and shows you're not just trying to make a quick buck.

Pro tip: Use stories to illustrate how you've solved similar problems for other clients. It builds trust and shows you know your stuff.

The Presumptive Close

The presumptive close is like assuming you've already won the race before you've crossed the finish line. It's bold, but when done right, it's incredibly effective.

Here's the secret sauce:

  • Speak as if the deal is already done.

  • Use phrases like "When we start working together" instead of "If we work together."

  • Guide the conversation towards next steps.

This technique gives you a competitive advantage by creating momentum. It's like a Jedi mind trick for sales.

But be careful! You need to read the room. If your client isn't ready, you might come off as pushy. Always have a backup plan if they're not quite there yet.

Understanding the Sales Cycle

You've got to know the sales cycle. It's like a roadmap for turning strangers into customers.

First, you find potential buyers. We call this prospecting. It's like fishing, but instead of catching fish, you're catching leads.

Next, you reach out. Maybe it's a call, an email, or sliding into their DMs. You're just saying "Hey, I exist!"

Then comes the fun part - the pitch. You show them why your product is the bee's knees. It's not about being pushy. It's about showing value.

After that, you handle objections. They'll have questions and concerns. Your job? Knock 'em down like bowling pins.

Now, it's closing time. This is where the 123 closing technique can shine. You give them three solid reasons to buy. Bam, bam, bam!

But wait, there's more! After the sale, you follow up. Make sure they're happy. A happy customer might bring you more business.

Remember, the sales cycle isn't a straight line. It's more like a rollercoaster. You might loop back to earlier stages. That's okay. It's all part of the ride.

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Janez Sebenik - Business Coach, Marketing consultant

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