TEST SPIN Selling by Neil Rackham | Page 2

P – Problem Are there any problems with how things are done now? Problem questions How many people are required to do the job with the current process? How long does it take you to do the job now? Is it too costly to complete an average job? If you had to solve one problem you have now, what would that be? SPIN Selling Neil Rackham Chapter 7: Escalating To The Implications The implications questions deepen the real consequences of your prospect’s problems. The reason to make the sale happen starts at this stage. However, most vendors stop the investigation process in the previous two phases: Your prospect may be blind to the impacts and consequences of their problems, and their job is to highlight them, bringing to the conversation the consequences of these problems that your client may not have considered, such as overtime costs, etc. The idea of each implication is to make the problem even bigger and, if done correctly, the implication questions will accelerate the closing. If you spend too much time on (duty they mentioned), what other duties are overlooked? Are there any business goals or KPIs you have missed because of (current problem identified)? I – Implications If there is a problem with (necessary duty), how long does it take to fix this issue? Implication questions Have you ever lost a customer because of the current process? In recent memory, what issues have been caused because of your current process? Have you gone over budget because of the current (too costly or timely) way of doing things? How does (the current situation) affect your personal career growth? If (day-to-day duty) doesn’t happen, what is the result? Does (prospect’s problem) affect duties of your superiors or other team members? In the final stage of SPIN Selling, your objective is to make the prospect realize the value and urgency of solving the identified problem. You need to ensure that the buyers recognize the product’s benefits to the problem. You need to be able to ask how they intend to solve the company’s problems. You can also make the prospect imagine what the future would look like if that problem disappeared. - $ -