ELI5: Explain Like I'm 5

Closing (sales)

Closing in sales is like asking someone to share their toys with you. When you really want something that a friend has, you might ask them nicely if you can play with their toy for a little while. If your friend says yes, then you have closed the deal!

In sales, closing is when a salesperson asks a customer if they want to buy a product or service. Just like asking to play with toys, the salesperson needs to be polite and respectful in their approach. They might explain why the product or service is great and how it could benefit the customer. Then they will ask if the customer would like to purchase it.

It's important for the salesperson to be patient and listen carefully to the customer's concerns or objections. They might need to offer additional information or address any issues before the customer feels comfortable making a decision.

When the customer agrees to buy the product or service, the salesperson has closed the deal and a sale is made!