DO CLOSING TECHNIQUES DIMINISH PROSPECT TRUST

Citation
Jm. Hawes et al., DO CLOSING TECHNIQUES DIMINISH PROSPECT TRUST, Industrial marketing management, 25(5), 1996, pp. 349-360
Citations number
54
Categorie Soggetti
Management,Business
ISSN journal
00198501
Volume
25
Issue
5
Year of publication
1996
Pages
349 - 360
Database
ISI
SICI code
0019-8501(1996)25:5<349:DCTDPT>2.0.ZU;2-G
Abstract
This study uses scenario methodology in an after-only field experiment that included 238 industrial purchasing executives. The impact of fiv e different closing techniques and a no-close condition on the prospec t's trust toward the salesperson was assessed. The ANOVA results indic ated statistically significant differences (at the .05 level) in prosp ect trust across the treatment groups. Although none of the mean value s indicated distrust [16], the highest ranking mean score for prospect trust occurred in the ''no-close'' scenario. This provides some evide nce that using a closing technique may diminish prospect trust, a prer equisite for an effective long-term relationship between a seller and a buyer. Consequently, even if the closing technique is of value in pe rsuading the prospect to buy on this particular sales call, its potent ially negative impact on the buyer-seller relationship must be conside red.