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The Fordyce Letter

Straight Talk for the Recruiting Profession


Articles tagged 'Closing'

Closing

Hiring Speed: A Crucial Component of the Recruiting Process



maximum_warp_speed_by_d38i5mk

Clients who drag out the process of hiring and making an offer to candidates are doing a tremendous disservice to themselves, the potential hire — and you!

I recently had a company take eleven business days to make an offer after a final interview. During the eleven days, the candidate had one on-site interview and two phone interviews with three other companies. This candidate I recruited for my customer didn’t have options when I first contacted him; then suddenly he had several. In the end, he had two offers on the table to consider and was beginning to wonder if he was my customer’s second choice.

Recruiting and hiring is a delicate emotional dance; if your date has to wait too long to be asked to the prom, they will simply go with someone else. In this case, if the company had been quicker with an offer he would have not interviewed with the other companies.

Closing

“The Phone Rang…” Closing and the Classic Closes, Part 3



alwaysbeclosing

In the third and final installment of the “Closing and the Classic Closes,” we will cover the final five of the fifteen closes. They are:  Tie Downs; What If…?; If I…Will You?; Reduce to the Ridiculous; and the Take Away. We hope you have enjoyed learning — or re-learning — these classic sales closes. Now employ them to increase your production. 

Closing

“The Phone Rang…” Closing and the Classic Closes, Part 2



alwaysbeclosing

In this, the second installment of the “Closing and the Classics Closes,” we will discuss five more Closes and how you can use them on your desk.  They are:  The Call Back Close; The Similar Situation Close; The Lost Sale Close; The Secondary Question Close; and The Sharp Angle, or ‘Porcupine’ Close. Enjoy…

CLASSIC CLOSES: 6-10

6. Call Back

The odds are not in your favor when you get this request, but there is a way to handle the call when you do call back. For those of you who know of the principle of “White Heat,” keep in mind that we are going to attempt to raise the interest level above the “Buy Line.” This is such a prevalent topic in recruiting that we even have an expression for it. We say, “Time kills all of our deals.” That’s why calling back after a period of time is not a good thing. So, when you do call back you never ask if they have thought about the situation in the intervening time span. If you do, you are going to get the famous “Yes-No” response—“Yes I have thought about it; No I am not interested.” Instead you:

  1. Introduce a new piece of information;
  2. Present a condensed representation;
  3. Follow with a new Close.

Only when you do those three things, do you have a chance, remote though it might be, to raise the interest level above the “Buy Line” and close the deal in your favor.

Closing

“The Phone Rang…” Closing and the Classic Closes, Part 1



alwaysbeclosing

The phone rang. When I answered, the caller was anxious. He was very close to putting a deal together, but was stuck in the hiring process. I suggested he go into a “Negative Yes” closing sequence. He didn’t know what that was. I said, “OK, then let’s try a ‘Ben Franklin Balance Sheet’ instead.” He didn’t know that one either. And finally I said that was OK as well, just to remember the “Reduce to the Ridiculous” if the salary objection came up again. He didn’t know that one either. And so, I ended the call by scheduling a time when I could teach him the traditional SALES CLOSES.

Ask Barb, Closing

Ask Barb: Pre-Closing



Ask Barb

Dear Barb:

I was in your audience at a conference in Orlando, FL. You had suggested we should often pre-close during our interviews vs. just asking questions and obtaining answers. Could you provide a simple example?

Mary T., Austin, TX 

Closing

Recruiter Chronicles: Five Years, Five Mistakes – Part 3



money calculator by Images of Money

To commemorate the fifth anniversary of my career in recruiting which recently passed, I am sharing with you over the coming weeks the five biggest learning lessons I’ve experienced thus far during my time at the Aureus Group. Last week, I shared the story of an email that got me ‘fired’ from a client. This week, I bring you…

#3: Story of the Botched Salary Negotiation

How-To, The Business of Recruiting

Getting Back to Basics



image source: ogimogi

image source: ogimogi

Recruiting is the kind of career that can be as big (or as small) as you want to make it. It’s not the kind of job you can major in at college — it’s either in you, or it isn’t. You are a student of the game – you pursue your own education, you supply your own resources, you discipline yourself to get things done each and every day. You are in an honorable profession – you find people jobs.

So what happens when you get complacent?

Closing

Back To Basics – The Tough Questions



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I recently brought someone onto my recruiting team with absolutely NO prior recruiting experience. Proving my long-held belief that it is sometimes better to hire drive and desire over experience, he had his first placement before he even finished his second full week on the job.

Is this because I am an excellent trainer? I’d like to think so… but I believe it’s also because he followed the process exactly as I laid it out for him… to the T. This included asking the tough questions.

Over a casual catch-up lunch, one of my long-time clients mentioned to me that her sister had written the bestselling book The Hard Questions: 100 Questions to Ask Before You Say “I Do”. This got me thinking about one of my first mentors in the business, Brad Violette, who taught me his approach to the tough questions which he called:

THE KEYS TO THE CLOSE

Closing, Technology, Weigh In!

Need help closing a sale? There’s an app for that!



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Let’s say you’re in the middle of a batch of marketing calls. You’re smiling and dialing, wheeling and dealing, spinning and grinning. You get a new prospect on the line and they like your MPC. You talk through your candidate’s skills, walk them through the fee agreement, when suddenly… you’re hit with an objection. You’re trying desperately to close the deal, but your mind is drawing a blank. What do you do?

You whip out your iPhone. There IS an app for that.

Earlier this month, Cardone Training Technologies Inc. released its CloseTheSale app on iTunes. CloseTheSale is a complete list of closing lines from Grant Cardone, international sales expert, sales trainer, sales motivational speaker and NY Times best selling Author. According to the app description, “Every situation from, “I need to think about it”, to “price”, “affordability”, “budget”, “third parties”, “terms”, “payments”, “down payment”, “difference”, “the economy”, “never make rash decisions”, and every conceivable stall you will ever hear is covered here.” Check out these screenshots from the app:

In this day and age where nearly everything we need or want is available at the swipe of a finger, I have to think that while convenience is great, is it dumbing us down regarding basic skills? What do you think?