Boost Sales with Closing Tools Sales in NDAs
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Closing tools sales in NDAs
Closing tools sales in NDAs
Experience the benefits of using airSlate SignNow's closing tools sales in NDAs today and revolutionize your document signing process. Simplify your workflow, increase efficiency, and save time with the power of airSlate SignNow. Sign up now and discover a new way to manage your contracts and agreements effortlessly.
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FAQs online signature
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What is an NDA used for in business?
1. An NDA is a legal document that protects your business information and trade secrets from vendors, employees, and third parties. Non-disclosure agreements help employers by protecting valuable, sensitive business information.
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What is the NDA for a seller?
A purchase or sale NDA is a type of nondisclosure agreement used when a party wants to keep information about a transaction confidential. Using an NDA allows one or both parties to disclose information that is related to the transaction without worrying about whether that information will be shared.
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What is the NDA in the sales process?
An NDA serves as an agreement between the seller and the buyer, outlining the terms and conditions for sharing information. The NDA will establish the terms of the agreement and clearly specify what is considered 'confidential information'.
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What are the three types of NDA?
There are three types of NDAs: unilateral, bilateral, and multilateral. Read on to learn when you should use each type. You'll also learn how to use a contract management tool like Ironclad to draft and manage them.
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What does the NDA stand for?
What is an NDA? NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information and a person who will gain access to that information.
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What do NDAs not cover?
An NDA could be unenforceable if it is too broad, is not for a defined time period, covers information that is not confidential, or asks for illegal conduct.
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What are the red flags for NDA?
Before signing an NDA, look out for seven crucial red flags that could limit your freedom or expose you to risks, including broad definitions of confidential information, indefinite duration, lack of mutuality, restrictive non-compete clauses, absence of provisions for legal disclosures, unclear remedies for breach, ...
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What are the 5 key elements of a non-disclosure agreement?
7 Key elements to a non-disclosure agreement Identification of involved parties. ... Definition of the confidential information. ... Information ownership. ... Exclusions not considered confidential. ... Obligations and requirements of the involved parties. ... Effective agreement period. ... Consequences of a breach.
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Have you ever had a strong, clear next step scheduled with a prospect, everything seems good, they seemed into it, they agreed to the calendar invite, and then, suddenly, a couple days later or a couple days before the actually meeting, you get that dreaded email that says declined? What do you do? The prospect just canceled the meeting. In this video, I'm going to show you exactly what to do when a prospect cancels your meeting. Check it out. (light music) Number One- How solid was the initial interaction in the first place? That's always the question that we have to ask ourselves. One thing that I find is that there are ways to try to recover or bounce back, but ultimately, the solution is to avoid ever having to recover in the first place. So we have to think, how solid was that initial interaction that I had with that prospect? And did they feel like what we were doing was actually a priority and was worth their time? By being a little bit more introspective when a prospect cancels a meeting, did you really do everything you could have? Did you follow your process? Because if you didn't, then chances are, the declined meeting really is just another way of saying, "You know what, I'm not seeing enough value to waste my time here." Number Two- Immediately pick up the phone. Now, this is counterintuitive to a lot of modern salespeople. We see in our community in the Sales Insights Lab Accelerator, people are always saying, "Well, if someone declines or cancels a meeting, what should I send in the email?" And I'm like, "Whoa, whoa, whoa, immediately pick up the phone." Don't just send an email right away, get on the phone. Try to get them on the phone. Because you can always deal with things more effectively on the phone. Now, you may not get them on the phone, and that's fine, but you should try a couple of times to get them on the phone because that's going to be your best bet at actually salvaging this situation. Number Three- Email to see if they actually meant to cancel. I find that about one quarter of canceled appointments actually weren't intended to be canceled. They just pressed the wrong button. Depending on the sophistication of your prospects, people accidentally cancel appointments all the time. So rather than just freaking out, the first email back should basically be just asking them, "George, I saw that you declined the appointment. Did you actually mean to cancel?" And what this is doing too is it's a little assumptive and it's going to push them to either say, "Oh no, I didn't," try to cancel it or to try to reschedule. Now, it's not a guaranteed move, but by just basically being assumptive that, geez, they probably didn't mean to cancel this, that's going to help you get the situation back on track. Number Four- Get them on the phone. Now, we talked about this before, but even after that email, we want to do everything we can to avoid the back and forth by email and just get them on the phone. The phone is a salesperson's best friend when trying to salvage any deal gone wrong or any sales situation gone wrong. So try to get them on the phone. Chances are, if you've already had a meeting with them, you should have their phone number or you should have some way to be able to contact them by phone that's not just email. So do what you can to then even after that email to immediately get them on the phone. Be very willing to be the salesperson who just immediately picks up the phone. That's always a good place to be. Number Five- Send three new options. If the prospect canceled the appointment, now the next goal is to reschedule that appointment. Now, there are going to be situations where they're just going to say, "You know what, not a fan, this doesn't make sense anymore." And again, that's where you really want to get them on the phone. But let's say for some reason they've agreed to, they just couldn't work that time. Now the next move is to send three new options. So don't send them a Calendly link or some scheduling link. Instead, just offer them three new options. So, Monday at 3:00 p.m. Eastern, Thursday at X, so get those three options and say, "Do any of those options work for you?" When you do the little legwork to show your three options, that's going to be more effective. Now, of course, at the end you can say, "Hey look, if none of these work, here's a little Calendly link and you can schedule with me." But again, the Calendly link is really giving up control of the sales interaction. I'd much rather try to, with a prospect that you've already had communication with, to try to get them to agree to an option that you've provided. Number Six- Keep reaching out to them if you don't hear from them. Our rule of thumb is that if a prospect ghosts on you, you should keep reaching out to them unless they tell you to go take a hike. Now, if they say, "Go away, I never want to hear from you again," fine, go away. We don't have to be creepy about it. But if, for some reason, they just don't respond to us, we should keep reaching out to them. We should be sending them emails. We should be calling them. We should send them LinkedIn messages, whatever. Be assumptive that they actually wanted to have an engagement with you or an interaction. Because if we just give up, there's a good chance that they were just being lazy or they didn't get around to it or there's other things going on. So by consistently reaching out to people, until they tell you to go away, you're much more likely to salvage that interaction. Number Seven- Get better buy-in next time. Now, the one thing that solves all problems around ghosting is actually being better at sales in the first place. So we've always got to put pressure on ourselves to think, "How can I just be better next time? How can I get more buy-in from the prospect next time?" Not this person, but the next person that comes along. Once you've ultimately let a deal go astray, it's a lot harder to try to get it back on track. But by being stronger throughout the entire process, you're going to get more buy-in and they're less inclined to actually cancel that meeting in the first place. There is what to do when a prospect cancels your meeting. And if you enjoyed this video, then I have an amazing free training on the step-by-step formula to closing more deals. Just click right here to get registered instantly. Seriously, just click right here. This is an in-depth training that will help you close more deals at higher prices, all while generating more meetings. Also, if you got some value, please like this video below on YouTube and be sure to subscribe by clicking my face, which should be right about here, to get access to a new video just like this one each week.
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