TEST SPIN Selling by Neil Rackham

Preliminaries: These are the opening events that set the tone and warm the business. Research: Find facts, information, and needs. All Sales Have Four Basic Steps Demonstration of capabilities: This is the phase where you show that you can solve the prospect’s problem. Avoid going into this phase until the prospect makes explicit that your demonstration will solve the problem. Get commitment: Have the seller accept the sale and the next steps of how to proceed. First, you must ensure that you handle all the concerns/needs, then summarize the benefits and ultimately propose the next level of commitment. Chapter 5: Mapping The Situation To learn more about your prospects, you must begin with questions that explore the situation and the problem. Questioning your prospect’s situation helps you get an understanding of the larger context, and this helps you to build a relationship in the right way. To develop authority, you need to know your market, your product/service, and your prospect’s product/ service. That is why it’s essential to do pre-meeting research and preparation. Ask questions that lead you to the facts directly. It is vital to ask a lot, but also not to tire your prospect with many questions. What is your current role? Tell me about your day to day duties? S – Situation How many locations do you have? Situation questions How many individuals and/or teams do you oversee? What is your current process? Which software platforms and tools do you currently use? How long have you been using these tools? What is your current budget for a replacement? Chapter 6: Mapping Problems P – Problem Once you have identified your prospect’s scenario through situational questions, it is now time for you to understand the real issues. You can then use the questions about problems as they will help you discover the difficulties of your prospects. How satisfied are you with the current way of doing things? Are there any problems with how things are done now? - # -