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SPIN Selling

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SPIN Selling

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SPIN selling technique is helping salespeople to gather more information and facts about the customers current situation, also discover the sales opportunities.

SPIN selling technique is helping salespeople to gather more information and facts about the customers current situation, also discover the sales opportunities.

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SPIN Selling

  1. 1. SPIN Selling Techniques Powered by: Safy Salama
  2. 2.  SPIN Selling, a great model, was the brainchild of Neil Rackham who authored a book of the same name in 1988. The book has been very successful selling over 150,000 copies.  The original survey was developed by Huthwaite, an international research and training organization, after analyzing thousands of actual sales call.  "SPIN Selling" suggests you develop a questioning mindset stating it's "more important to understand than to persuade.  The idea is to get the prospect talking; that way the sales person can draw out insights and act on them in a way that advances the sale. SPIN Selling  SPIN selling is a four-step model that relies on the theory that successful selling is customer centered and offers customized solutions to your prospect’s problems.
  3. 3. SPIN Selling Quotes Paul Clarke, Sales Director, Massimo Zanett We’re on track to higher sales volume, greater revenue-per-customer and industry-leading growth. The SPIN Selling approach is giving us credibility with a new type of buyer, and accelerating our entry into regional and national chains. “People do not buy from salespeople because they understand their products but because they felt the salesperson understood their problems.” A good quote from the book
  4. 4. SPIN Sequence
  5. 5. Situation questions  It’s a general data-gathering questions to collect background data and facts to understand the prospect’s current situation.  Although these questions are easy to ask, the prospect Could be impatient if too many of questions are asked and the prospect will think the salesperson is unprepared.  A good knowledge of the customer’s industry and/or the information provided by an internal or external contact can help planning the call in a way to reduce the number of situation questions required.
  6. 6.  The goal is to discover a problem or dissatisfaction. you prompt the buyer to state implied needs to which you can provide solutions.  ask about the buyer's pain and focus the buyer on this pain while clarifying the problem. These problems and issues are what you will gently but firmly use to drive the sale forward.  The best way to plan problems questions is to previously set a minimum of three potential customer problems.  If a seller can’t discover problem using problem questions, then she might need to ask additional situation questions first to uncover more issues that might lead to better problem questions. Problem Questions
  7. 7.  Determine the effects of the problem, before talking about solutions, and develop the seriousness of the problem to increase the buyer's motivation to change.  Implication Questions are the most powerful sales questions and the skill in using them doesn't automatically improve with experience. People buy when the pain of the problem is greater than the cost of the solution.  If the buyer answers these questions in a way that indicates she doesn’t see serious implications of the problem identified, the seller would have to go backend ask additional implication questions, problem questions, and maybe even situation questions. The seller doesn’t move ahead to need payoff questions until the prospect sees that there are serious Problem need to solve. Implication Questions
  8. 8.  get the buyer to tell you about their Explicit Needs and the benefits your solutions offers, rather than forcing you to explain the benefits to the buyer. Getting the buyer to state the benefits has greater impact with less pushy.  Get the customer considering how valuable a real solution to the problem or problems would be.  If the prospect responds negatively to a need payoff question, the salesperson has not identified a problem serious enough for the prospect to take action. In that case, the salesperson should probe further by asking additional problem questions, implication questions, and then a new need payoff question Need PayOff questions
  9. 9. Implicit VS Explicit Need  IMPLICIT Need: “implied or understood though not plainly or directly expressed.” Something is, therefore, implicit when it is not directly stated but is either suggested in the wording or necessary to effectuate the purpose.  Explicit Need: “To fully and clearly express something, leaving nothing implied.” Something is explicit when it is cleared stated and spelled out and there is no room for confusion, as in the writing of a contract or statute. IMPLICIT Need Required for complex sales-consultative selling approach EXPLICIT Need Simple sales- transactional selling approach
  10. 10.  Why is being able to have a big picture overview of your sales pipeline important to you?  If you could cut the amount of time spent training new staff on your CRM, what impact would that have? Need payoff  If leads don’t get input into your CRM system, what’s the impact on your sales outlook?  If training on your CRM is costly and time- consuming, what does that mean for new reps when they start? Implication  Was the amount of training you needed to get up and running with your CRM ever a problem?  Do you find it’s expensive adding new users to your CRM?  What’s the biggest problem you’re facing so far when managing your sales pipeline? Problem  How do you currently manage your customer’s contact details?  How do you keep track of what’s happening in your sales pipeline?  How do you maintain an overview of how your individual sales reps are performing? Situation Example of Questions

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