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Transforming a Verbal Agreement Into a Written Contract | Free Sales Training Program | Sales School

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The Wolf of Wall Street
i'm jordan belfort and this is sales school all right so if you're a business owner do not let quickbooks and spreadsheets slow you down anymore now it's time to upgrade to netsuite by oracle the world's number one cloud-based business system network gives you the visibility and control over your financials inventory and more schedule your free product tour right now at netsuite.com school okay so yeah i mean sure so this happens the whole time right in in all businesses right frankly in our business you know we do everything electronically like on you know so one thing
i would do and again what i don't know what business is in um but maybe if you can if you can email you real quick so one thing i would really recommend you do is if possible use electronic signatures and try to you know if part of your sales process could be taking them through something some sort of webinar and i mean without a bull i mean in a real way you're explaining what you're doing and you make it easy for them you know the question is how difficult have you made it for them to
say yes once they say yeah what do they got to do is there is it online is an e-signature they can use you know there's many different uh products out there for that right now right okay so the point is doc you signed with others as well right so you're using that um but when you actually make the call okay when you get on the phone okay remember what do you have to do you have to you have to certainty does what it wanes right so if if there's two things number one there's inertia people
are lazy they might want it they just oh i gotta pick up my pen and really sign something oh my god the pain the pain he's a head hunter by the way what he's a head hunter yeah so okay right so in those you know it's very very any anytime do something gets energy out energy out well how do you count their energy out benefits in so on that call you want to essentially hey how's it going listen you know i know you're waiting i just want to um what's the stats if you sign the
thing yet and once we i asked are you doing how's everything great i know we haven't received your paperwork back um i'm gonna make sure that you know um if you sent that and then i said oh yeah i'm gonna do it great just so you know and i loop back again i represent the idea again and even throw a little bonus for a sweetener right just you know you know we always incentivize people for taking action right we have a special right now so we get the paperwork by the end of the day today
i can give you x discount on this why or one freaking try that as well okay but remember it's an energy in benefits out equation so anything you can do to to to reduce energy docusign okay even have them sign up when you're on the phone or go there in person i was like i'll tell you one better i consulted from a company in england who was doing pensions lost pensions all right this is back in 2012 right and they hired me and having all this problem that they closed people and they weren't signing the
paperwork you know how i got around it i sent messengers we had met and each sale was worth like five grand to them cost a hundred and fifty dollars to get a messenger to go there with the paperwork and wait there until it was signed that's what we did and guess what happened they had 98 compliance rate versus thirty three percent so think about that as well there's all these different methodologies that you can use okay to make sure people sign things one of them using online signatures have people show messed their services out the
way unless you live in button wherever okay there's companies out there that have physical messages that dress well they're not going to embarrass you that will go out there and have things signed okay so that's one way to do it and also when you're getting the phone yourself though make sure you loop back and if you can't offer a little bonus assignment if you get it right now i can give you x y z and just don't do it in a cheesy way you do it in a professional way it'll work really well all right
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