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How to Close a Deal on the Phone Before They Hang Up | Ep 952

by Alex Hormozi

The Game with Alex Hormozi

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Notable Quotes

"It's just a sales issue. You need to close on the phone."
"When you pay this money, you don't have to think about it again. Your kid will float as long as you show up."
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Episode Summary

In this episode, the host speaks with a swim school business owner generating approximately $300,000 annually while spending $1,400 on ads with a lead cost of $12. The primary challenge discussed is the owner’s lack of experience selling to cold leads, as the business has relied heavily on word-of-mouth referrals.

Key strategies covered include the importance of pre-selling to customers before presenting offers, which involves establishing authority by guiding potential clients through their doubts about learning to swim. The conversation emphasizes creating an urgent need for parents to enroll their children sooner rather than later. Techniques such as anchoring urgency and leading the customer to perceive the swim program as the best option are stressed.

The episode outlines a sales framework, where the focus is on clarifying customer needs and attributes before transitioning to payment. The host explains a structured process, suggesting a shift to a more structured sales approach that includes offering tiered pricing for different swim mastery levels while ensuring continuous engagement with clients throughout the process. The aim is to close sales effectively while providing value and ensuring customer satisfaction.

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Episode Summary

In this episode, the host speaks with a swim school business owner generating approximately $300,000 annually while spending $1,400 on ads with a lead cost of $12. The primary challenge discussed is the owner’s lack of experience selling to cold leads, as the business has relied heavily on word-of-mouth referrals.

Key strategies covered include the importance of pre-selling to customers before presenting offers, which involves establishing authority by guiding potential clients through their doubts about learning to swim. The conversation emphasizes creating an urgent need for parents to enroll their children sooner rather than later. Techniques such as anchoring urgency and leading the customer to perceive the swim program as the best option are stressed.

The episode outlines a sales framework, where the focus is on clarifying customer needs and attributes before transitioning to payment. The host explains a structured process, suggesting a shift to a more structured sales approach that includes offering tiered pricing for different swim mastery levels while ensuring continuous engagement with clients throughout the process. The aim is to close sales effectively while providing value and ensuring customer satisfaction.

Key Takeaways

  • Use pre-selling techniques to maximize purchase likelihood.
  • Create a sense of urgency in sales without being pushy.
  • Close sales over the phone by guiding potential customers through the signing-up process.

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