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How To Close Sales By Them Saying NO | Ep 222

The Game with Alex Hormozi · with None · July 24, 2020 · 8 min

Summary

Alex Hormozi challenges the conventional view of sales objections, arguing that a "no" isn

Key takeaways

Themes

founder & leadership

Topics covered

sales objectionsclosing techniquesupselling strategiescustomer needs analysissales psychology

Episode description

No means… Yes? Wait, what? Today, Alex (@AlexHormozi) talks about an interesting way to get clients to say yes to your sale, and why this tactic is not only foolproof but also very beneficial to your skill in sales.Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.Timestamps:(1:20) - Upsells drive profit by getting clients to say yes.(2:07) - Example of sales trick with earmuffs and coats.(5:09) - Close sales by directly asking clients what they want.(7:58) - Utilize upsells in business for additional revenue.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

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Frequently asked about this episode

What does this episode say about founder & leadership?
Reframe 'no' as an opportunity to understand deeper customer needs, rather than a final rejection.
What does this episode say about founder & leadership?
Proactively ask direct questions to uncover specific customer desires and objections, avoiding assumptions to tailor your pitch effectively.
What does this episode say about founder & leadership?
Utilize upsells and cross-sells strategically to increase average transaction value and overall profitability; consider bundling complementary products or services.
What does this episode say about founder & leadership?
View sales mastery, including objection handling, as an iterative process of learning from failures and continuously refining your techniques.

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