Spinselling Training 180208151433

Download as pdf or txt
Download as pdf or txt
You are on page 1of 17

SPIN SELLING

SPIN: BEST CONSULTATIVE SELLING


The most tested sales questioning technique

• Based on massive research conducted on over 35,000 sales calls


• Initial companies were Xerox and IBM
• 17% increase on sales after their SPIN Selling implementation
• 90% of Fortune 500 companies follow this model for their sales
force

What is SPIN exactly?


● A method for salespeople to ask a potential buyer questions in
order to expose their problems and then develop a tailored
solution
VISUAL-META & SPIN SELLING
Sales environment has evolved over the years, adapt
yourself
• Customers understanding of the product vs. their problems were
understood
• People buy when the pain of the problem is greater than the cost
of the solution
• The opening: gain the buyer's agreement to ask questions, to
establish a buyer-centered purpose and communicate who you are
and why you are there
• Customers will only be motivated to buy something if they identify
there’s a need
SPIN

S ituation

P roblem

I mplication

N eed-payoff
SITUATION QUESTIONS
Seek for information that will help you understand your customer´s
context

Definition Finding out facts about the buyer's current situation.

Are you getting enough clicks to generate your targeted


Examples revenue?
Are you satisfied with the current conversion rate?

Impact Finding a specific piece of information for data gathering.

Do not ask too many of them, they will just bore the prospect.
Do research in advance of the conversation. The more
Advice
Situation questions in a call, the less likelihood of success. Ask
Situation questions economically.
PROBLEM QUESTIONS
Uncover opportunities and your prospect's pain

Definition Finding about problems, difficulties and dissatisfaction.

How does a less satisfactory conversion rate affect your


business?
Examples Do you foresee challenges associated with your vision this
year?
Why is it such a big challenge for you?
More powerful than Situation questions.
Impact Most people ask more Problem questions as they become
more experienced.

Think of your products and services in terms of problems they


Advice solve, not details or characteristics. Follow-up with questions
that ask more detail about the problem.
IMPLICATION QUESTIONS
Explore problems and outline consequences, help the customer to feel the
urgency

Asking about the consequences or effects. Implication


Questions discuss the effects of the problem, and develop the
Definition
seriousness of the problem to increase the buyer's motivation
to change.
Does the current visibility issues affect the profitability of the
platform?
What's the worst thing that can happen if the vision is not met
Examples
because of these challenges?
With low visibility, I assume that it affects the profitability as
well?
These are the most powerful of all the questions, because
Impact they help the buyer see that the problem is big enough to
justify the cost, they induce and build pain
Always make sure that you link your Implication questions to
other parts of the conversation, in that way you will
Advice communicate your expertise and the client will know that you
understand their world view. Explore the implied needs, a
clear statement of a buyer's problem.
NEED-PAYOFF QUESTIONS
The problem can finally be solved

Value or usefulness of a solution. Need-Payoff questions get


Definition the buyer to tell you about their explicit needs and the
benefits your solutions offers.
How do you think a higher number of quality visitors will
benefit your online shop?
Examples
If we could help channel qualified traffic to your site, how
would that help you?

Impact Positive impact creates the right condition for selling.

Use these to get the buyers to tell you the benefits. Explore
Advice the explicit needs, a clear statement of a buyer's desire or
intention to act.
SPIN MINDSET
Build a rapport with the buyer, understand his needs and propose a
solution

• It’s more important to understand than to persuade


• Seek first to understand then to be understood
• People do not buy from salespeople because they understand
their products but because they felt the salesperson understood
their problems. Do not describe your product, sell a solution to the
buyer´s problem.
• Effective Planning takes you more than halfway to effective
execution.
• Top Sales People tended to introduce solutions, products or
services very late in the discussion. They held back and discussed
the effects of the problem before talking about solutions.
• SPIN Selling will help you out to work your sales funnel
• People buy when the pain of the problem is greater than the
cost of the solution.
SPIN: WHAT NOT TO DO
Do not describe your product, lead the call and avoid
objections
• Stay focused on a certain topic.
• Limit your Situation questions. The more senior the buyer, the less
they like answering factual questions.
• Do not introduce the product very early in the discussion. This
invites objections. In SPIN, we prevent objections more than we
handle them.
• Focus on benefits and not the features. Benefits that solve
their problems and addresses explicit needs.
SPIN Selling Animated
SPIN Selling in other words
SPIN SELLING: CALL GUIDE
PARTS OF THE CALL GUIDE

Opening:

• This is critical as it dictates the pace of the whole call.


• First impression
• Rapport building
• A good introduction opens up a favorable situation for SPIN Selling.

Qualification:

• Qualification – Know that you are speaking to the person who can
make things happen for you.
• Macro – Give a hint on how the company helps the biggest
partners
• Micro – Presentation of problems that our product solves. It
bridges the call to the SPIN process.
PARTS OF THE CALL GUIDE

SPIN

• 20% - Seller, 80% - Customer


• Ask as little Situation Questions as possible
• Focus on Problems and Implications
• It increases the value of the product
• Lead the call, be the one doing the questions to avoid objections

Recap and Test of Value

• 95% - Seller, 5% - Customer


• Let the customer know that you are listening.
• Test if the customer sees value in a solution.
• Bridges the SPIN to selling.
PARTS OF THE CALL GUIDE

VLM – Value Led Matching (Selling!!!)

• 90% - Seller, 10% - Customer


• Take advantage of the value that was built during the SPIN process.
• Explain the product’s features and benefits and how it will solve
their issues so the implications can be avoided.

Closing Time!!!

• 90% - Seller, 10% - Customer


• Pre-emptive urgency – to close the sale earlier
• Decision Making Process
• Decision Making Unit
THE ACTUAL CALL GUIDE

https://docs.google.com/document/d/1fRIEMA8MTiKACxu1x7tFs6qSw
tjR_t-yMcGR9Mno36k/edit

You might also like