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Glossary/Remote Closing

Remote Closing

Remote Closing: Explanation

The concept of remote closing is fairly new and emerged from the real estate industry during the pandemic. Remote closing refers to the art of sealing a deal, finalising a sale, or securing a commitment from a prospect without the need for face-to-face or physical interaction. This technique leverages virtual communication tools, such as video calls, emails, and messaging platforms, allowing sales professionals to efficiently navigate the entire sales process from initiation to closure, all while being physically distant from the client.

Remote work has encouraged global connectivity, which makes mastering the skill of remote closing essential for sales professionals seeking to enhance their effectiveness and broaden their reach. It requires a nuanced understanding of virtual communication, a keen ability to build rapport online, and an adeptness at leveraging digital tools to create a seamless and persuasive sales experience.

Remote Closing: Example

Imagine you're a seasoned sales professional in the software industry, and you've been in discussions with a potential client interested in upgrading their current software suite. After several engaging virtual meetings and thorough presentations over video calls, the time has come to secure the deal.

To execute a successful remote closing, you carefully craft a compelling email summarising the key benefits discussed during the presentations, emphasising how the upgraded software will address the client's specific needs and streamline their operations. In the email, you attach a concise proposal detailing the pricing structure, payment terms, and any special incentives to sweeten the deal.

To add a personal touch and maintain the connection established during virtual meetings, you include a personalised video message expressing your gratitude for their time and reiterating your commitment to their success. You also provide clear instructions on the next steps, facilitating a smooth transition from negotiation to contract finalisation.

This remote closing approach not only showcases your proficiency in virtual communication but also demonstrates a proactive and customer-centric approach.

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