What does the "S" in SPIN stand for?
Situation
Purpose of problem questions?
To uncover challenges
What do implication questions do?
Theres no reason to change or buy
What is the goal of a need-payoff question?
Get the customer to state the value of your service of product
Who created SPIN selling?
Neil Rackham
Situation questions are used to understand what?
The customers current process or environment
Example problem question for a gym membership sale
Implication questions make small problems feel...
larger and more urgent
Give an example of a need-payoff question for marketing software?
ex- how would it help if you could automate your campaigns?
SPIN is most effective in what type of sales?
Complex, high value, consultative sales
True or false: You should ask many situation questions without preparation
False
Problem questions help the buyer realize what?
That something in their system needs improvement or is not working
Example implication question for slow software?
Why is it better when the customer says the benefit instead of you.
it increases their chance to buy in
Put the SPIN stages in the correct order
Situation to Problem to Implication to Need Pay-off
Give an example of a situation question for a CRM software sale
Example: What system are you currently using to track customer data?
Why are problem questions more powerful than situation questions?
They create emotional engagement
Why are implication questions critical in larger sales?
They increase perceived cost of inaction
True or False: Need-pay off questions come before implication Questions
False
Why is SPIN more effective than pitching early?
It focuses on discovery questions and customers' needs before presenting a solution
Why can too many situation questions hurt a sales call?
It lowers engagement and can feel like a waste of time for both you and the buyer
There would be no reason to change or buy
What psychological questions critical in larger sales?
urgency/seriousness
How do need-payoff questions reduce objections?
Because the customer just verbalized the value themselves.
Why are implication questions essentially important in larger sales?
They increase urgency and highlight the cost of inaction