The Game with Alex Hormozi artwork

Why Unicorn Closes are Great | Ep 388

The Game with Alex Hormozi · with Alex Hormozi · May 12, 2022 · 8 min

Summary

Unicorn closes, the perfect sales scenario, are rare but achievable by optimizing every stage of the sales process. Alex Hormozi breaks down how to identify and create opportunities for these highly effective closes, emphasizing meticulous preparation, deep customer understanding, and skillful engagement. He also provides actionable advice on controlling tone and using effective follow-up questions to overcome objections, making this a must-listen for ecommerce operators looking to enhance their sales conversions.

Key takeaways

Themes

founder & leadershipconversion & cro

Topics covered

unicorn close definitionsales psychologyobjection handlingsales tonalityfollow-up questionssales process optimization

Episode description

Unicorns exist in business! Today, Alex (@AlexHormozi) talks about what unicorn closes are and what makes them so great! Learn how to achieve a perfect unicorn sales close scenario for yourself!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:(0:30) - What is close, to begin with?(1:11) - Controlling your tone is important(3:07) - The unicorn close(4:59) - 2 awesome follow-up questions(5:44) - It's normal to ask questions after they say "No"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?
Master your tonality: project confidence and authority to build trust and avoid alienating potential customers.
What does this episode say about conversion & cro?
Prepare meticulously: understand your customer deeply and ensure they are fully qualified before attempting to close.
What does this episode say about founder & leadership?
Leverage follow-up questions: use strategic questions to uncover underlying objections and clarify misunderstandings, even after an initial "no."
What does this episode say about founder & leadership?
Optimize your sales process: strive to create conditions that lead to effortless transactions where the client is enthusiastic about the purchase.
What does this episode say about founder & leadership?
Recognize the psychological elements: understand what makes a prospect ready to buy, allowing you to align your strategy with their needs and motivations.

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