How to use the "Spin Selling" Method To SELL

Fox Web School
3 Apr 201925:42

Summary

TLDRThis video script offers an in-depth breakdown of the SPIN selling technique, a proven method for high-ticket sales. It's based on extensive sales call data and focuses on three stages: creating sales, understanding the customer's situation, and having in-depth conversations to identify and expand on their problems and needs. The script emphasizes the importance of asking the right questions to uncover the true scale of a client's issues and their implications, ultimately leading to a confident presentation of a solution that justifies a higher price point.

Takeaways

  • 📚 Spin Selling is a sales strategy based on 35,000 sales calls, making it a highly studied and proven method for high-priced sales.
  • 💡 The strategy is designed for high consequence sales, where the outcome of the sale has a significant impact on the customer's business.
  • 📈 Spin Selling is divided into three stages: creating the sale, the sales conversation, and closing the sale, with the strategy focusing on the middle stage.
  • 🤝 The sales conversation stage is crucial for high-ticket sales and involves in-depth discussions to understand the customer's business, problems, and needs.
  • 🔍 Situational questions are the first type of questions asked to understand the context and current state of the customer's business.
  • 🚫 Problem questions are used to identify issues that the customer is experiencing, which could be potential areas for the seller's product or service to address.
  • 💥 Implication questions help to expand on the identified problems, exploring how they impact the customer's business and the potential negative consequences.
  • 🌟 Need-payoff questions shift the focus to the positive outcomes and benefits the customer would experience if the problems were resolved.
  • 💼 The strategy emphasizes the importance of asking the right questions to gather information and build a case for a high-priced sale, rather than jumping straight to a sales pitch.
  • 💰 By understanding the customer's situation, problems, implications, and desired outcomes, sellers can effectively communicate the value of their product or service and justify a higher price point.

Q & A

  • What is the main focus of the video on spin selling?

    -The video focuses on explaining what spin selling is, how it can be used, and how it helps in making high ticket sales. It breaks down the method into detailed sections to ensure the viewer walks away with a clear understanding of the spin selling strategy.

  • How is spin selling different from other sales methods?

    -Spin selling is based on 35,000 sales calls and is considered one of the most studied and proven sales systems. It is a specific method for high-priced sales, unlike many other sales methods which may be based on a single person's experience or theory.

  • What are the three general stages of the sales process as mentioned in the video?

    -The three general stages are creating the sale, having a sales conversation, and closing the sale. Spin selling focuses on the middle stage, which is the sales conversation, between finding potential customers and closing the sale.

  • What is the difference between low consequence sales and high consequence sales?

    -Low consequence sales are those where the decision does not significantly impact the customer's life or business, like buying a pair of jeans. High consequence sales, on the other hand, have a significant impact on the business and require careful consideration before making a decision, such as undergoing a life-changing operation or investing in a high-priced service.

  • Why is it important to ask questions in the spin selling method?

    -Asking questions is crucial in spin selling because it helps gather information about the potential customer's business, their problems, and their needs. This information is essential to offer a tailored solution and to make a sale that is relevant and valuable to the customer.

  • What do the acronym SPIN stand for in the context of spin selling?

    -In spin selling, SPIN stands for Situation, Problem, Implication, and Need-payoff. These represent the four types of questions asked during the sales conversation to understand the customer's situation, identify their problems, explore the implications of those problems, and discuss the benefits of resolving them.

  • Why should a salesperson not jump straight to offering a solution after identifying a problem?

    -Jumping straight to a solution after identifying a problem can limit the salesperson to a low price point. This is because the customer only sees a small problem that needs fixing. By exploring the problem and its implications, the salesperson can demonstrate that the issue is larger and more impactful, justifying a higher price for the solution.

  • How do implication questions help in the spin selling method?

    -Implication questions help to expand on the identified problems by exploring how they impact the customer's business. This揭示 the full extent of the problems and their consequences, making the customer realize the severity of the issues and the value of resolving them, which can lead to a higher perceived value of the proposed solution.

  • What is the purpose of need-payoff questions in the spin selling process?

    -Need-payoff questions serve to build the positive side of the customer's motivation. They help the customer envision the benefits of resolving the problems and achieving their goals. This builds excitement and desire for the solution, making the customer more likely to invest in a high-priced service or product.

  • How does understanding the customer's situation, problems, and implications help in closing a high-ticket sale?

    -Understanding these aspects allows the salesperson to tailor their pitch to the customer's specific needs and desires. By addressing the problems and their implications, and by highlighting the positive outcomes of resolving these issues, the salesperson can demonstrate the value of their offering, making it easier to justify and close a high-ticket sale.

Outlines

00:00

🔍 Introduction to Spin Selling

This paragraph introduces the concept of 'Spin Selling', a sales strategy designed for high-ticket items. The speaker emphasizes that Spin Selling is backed by extensive research from 35,000 sales calls and is a proven method for selling high-priced products or services. It's noted as a structured approach that contrasts with typical sales pitches, focusing on understanding the customer's needs and problems through in-depth conversations. The speaker shares personal experience, highlighting how Spin Selling helped transition from smaller to significantly larger sales figures.

05:02

📈 Understanding High Consequence Sales

The speaker differentiates between 'low consequence' and 'high consequence' sales, explaining that the latter involves significant financial or operational impact on the customer's business. High consequence sales require a more consultative approach, ensuring the customer is confident in the decision to purchase. The paragraph underscores the importance of the middle stage of the sales process where Spin Selling is applied, focusing on having detailed conversations to understand and address the customer's business needs.

10:03

🤔 The Importance of Asking Questions

This section delves into the rationale behind asking questions in high consequence sales. The speaker explains that unlike low consequence sales, where customers often know what they want, high consequence sales require a deep understanding of the customer's business. The goal is to gather information through a series of questions to tailor the sales pitch to the customer's specific needs. The speaker stresses the importance of not assuming but instead uncovering the customer's problems and potential solutions through dialogue.

15:05

🔎 Identifying and Exploring Problems

The speaker discusses the process of identifying problems within the customer's business as a critical step in Spin Selling. It's highlighted that merely identifying a problem is not sufficient; the implications of the problem must be explored to understand its full impact. This exploration helps in expanding the perceived size and severity of the problem, which is crucial for justifying a higher price point when proposing a solution. The speaker advises against prematurely offering solutions and instead encourages a thorough investigation of the problem's implications.

20:06

🌟 Leveraging Positive Motivation

In this paragraph, the speaker introduces the concept of 'need-payoff' questions, which focus on the positive outcomes and benefits the customer desires. These questions help build a vision of what the customer wants to achieve, beyond just fixing existing problems. By understanding the customer's goals and aspirations, the salesperson can better align the proposed solution with the customer's desired outcomes, thus increasing the value proposition and the likelihood of a successful high-ticket sale.

25:08

💼 Closing the Sale with Confidence

The final paragraph wraps up the Spin Selling method by discussing the transition from problem exploration to solution presentation. The speaker emphasizes the importance of using the information gathered during the questioning phase to confidently present a solution that addresses both the problems and the desired outcomes. The goal is to create a compelling case that justifies the investment in the high-ticket item or service, ensuring the customer sees a clear return on investment and added value.

Mindmap

Keywords

💡Spin Selling

Spin Selling is a sales methodology that focuses on asking the right questions to uncover a prospect's needs and pain points. It is based on extensive research from 35,000 sales calls and is particularly effective for high-ticket sales. In the video, the speaker explains that Spin Selling is not about finding customers but about the conversational stage between creating a sale and closing it, where understanding the customer's situation is crucial.

💡High Ticket Sales

High Ticket Sales refer to the sale of high-priced items or services. The video emphasizes that Spin Selling is specifically designed for high consequence sales where the stakes are high for the customer, and the sales process requires a more strategic and consultative approach. An example from the script is the transition the speaker made from selling websites at a few hundred dollars to much higher prices using Spin Selling techniques.

💡Situational Questions

Situational questions are used in the initial phase of the Spin Selling process to understand the context of the business, such as what they do, who their customers are, and how their current sales system operates. These questions set the stage for deeper exploration into the client's needs without directly attempting to sell the product or service.

💡Problem Questions

Problem questions are a type of inquiry used to identify and elaborate on the issues faced by the customer. The video script mentions that these questions are designed to 'fish' for problems that the customer may be experiencing, which could be potential areas where the seller's product or service could provide a solution.

💡Implication Questions

Implication questions are used to expand on the problems identified and to understand the broader impact of these issues on the customer's business. These questions help to escalate the perceived severity of the problem, which is essential in justifying a higher price for the solution. The video explains that implication questions are crucial for transforming a small problem into a more significant business issue.

💡Need Payoff Questions

Need Payoff Questions are positive inquiries that explore the potential benefits and value that could be gained if the problems were resolved. The video script illustrates that these questions help to build a vision of the positive outcomes and motivate the customer to consider a more substantial investment in the proposed solution.

💡Consequence of Sales

The consequence of sales refers to the impact or outcome that results from a sale, particularly in the context of high-ticket items where the decision carries significant weight for the customer. The video discusses the difference between low and high consequence sales, with the latter requiring a more nuanced and detailed sales approach to ensure the customer feels confident in their decision.

💡Sales Conversation

A sales conversation is an in-depth dialogue between the salesperson and the potential customer, aimed at understanding the customer's needs and proposing solutions. The video emphasizes that Spin Selling is particularly effective during this stage, where the salesperson uses a series of questions to uncover the customer's situation, problems, and implications.

💡Closing the Sale

Closing the sale is the final stage of the sales process where the salesperson seeks to secure the customer's commitment to purchase. The video script indicates that after using Spin Selling to understand the customer's needs and build the value of the solution, the salesperson transitions into discussing their product or service, pricing, and the value proposition to close the deal.

💡Sales Strategy

A sales strategy is a planned approach to selling that includes methods, techniques, and processes aimed at achieving sales goals. The video's main theme revolves around the Spin Selling strategy, which is a systematic way of conducting sales conversations to increase the chances of making high-ticket sales by deeply understanding the customer's context, problems, and desired outcomes.

Highlights

Spin selling is a method for high-priced sales based on 35,000 sales calls, making it a highly studied and proven sales system.

The method is particularly effective for moving from low to high-priced sales, as it provides a structured approach to sales conversations.

Spin selling does not cover the initial stage of finding customers but focuses on the middle stage of the sales process, the sales conversation.

The difference between low and high consequence sales is crucial; spin selling is designed for high consequence sales where decisions have significant impacts.

High consequence sales require a more complex and nuanced approach than low consequence sales, which often follow a more straightforward sales pitch.

Spin selling involves asking four types of questions: Situational, Problem, Implication, and Need-Payoff, to deeply understand the customer's needs.

Situational questions set the context by understanding the business's current state and operations.

Problem questions are used to identify potential issues within the business that the salesperson can address.

Implication questions expand on the identified problems, exploring how they impact the business more broadly.

Need-Payoff questions focus on the positive outcomes and benefits that resolving the problems would bring to the business.

The method emphasizes the importance of asking questions to gather information rather than making assumptions about the customer's needs.

By understanding the implications of a problem, a salesperson can justify a higher price point for their solution.

The positive motivation, or Need-Payoff, is as important as addressing the negative problems in the sales conversation.

The video provides a detailed breakdown of each stage of spin selling, offering a comprehensive guide to mastering the method.

The speaker shares personal experience with spin selling, illustrating its effectiveness in moving from small to large-scale sales.

The video concludes with practical advice on how to transition from the spin selling method to the closing stage of a sales process.

The method is positioned as a tool for salespeople to not only understand customer needs but also to effectively communicate the value of their offerings.

Transcripts

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all right welcome so in this video we're

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gonna break down spin selling what

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exactly it is how you can use it how

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it's gonna help you to sell one of the

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best books there is one of the best

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methods there is on high ticket sales so

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selling something for a decent price so

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in this video we're gonna break it down

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look at all the different parts and then

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see how it works alright so welcome to

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this video on spin selling I'm gonna

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break it down in a lot of detail

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probably not going to be the shortest

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video on YouTube but it is going to be

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the video we walk away understanding

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what's been selling is how to use it how

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to make some big sales using the spin

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selling strategy so there's a lot of

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different things to cover it spin I'm

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gonna break it down into sections by the

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end of this video you'll have a really

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clear idea of how to use it the first

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thing about spin that you got to know is

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that it's based on 35,000 sales calls so

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I mean look at any sales system out

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there or sales theory a lot of the time

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it's one person who tried something and

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they're letting you know what they did

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with spin selling it's based on a lot of

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different services a lot of different

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products sold at a high price point a

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lot of different sales people and this

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is common ground that all the successful

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sales call it's used to close those

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sales so really really cool I think it's

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probably the most studied and proven

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sales system that there is so really

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cool thing about spin is it's a specific

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method for high priced sales so selling

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something at a high price if you're

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currently selling a certain service or

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product at a low price and you want to

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move up to offering that at a much

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higher price spin selling is a really

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effective method to start making those

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sales calls to start having an actual

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game plan when it comes time to talking

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to potential customers this is something

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that helped me a lot in the past for

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quite a long time I was stuck at two

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hundred three hundred dollar sales for

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web sites which is my own service spin

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selling is one of those things that

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really helped me to move up to ten

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thousand twenty thousand dollar sales so

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I really love Spence Elling let's get

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into how it works what it all means okay

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so for when you start it's been selling

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a really important thing to know is

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where it goes into your sales process

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and I've broken this down for this video

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into three general stages of clothes

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so you have the first pack which is

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creating the sales so this is you go out

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there into the marketplace and you find

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potential people to sell to so maybe a

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warm lead maybe a referral

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maybe you've some sort of incoming

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marketing maybe you're doing cold

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prospecting now spin selling doesn't

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cover this stage of the sales process

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it's up to you how you find your

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customers whit's been selling it's not

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going to show you that stage of creating

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the sale what it is going to show you

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though is in between these two stages

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between finding people to sell to and

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closing the sale you know your pricing

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what you're going to do how the

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project's gonna work in the middle here

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with a high price sale you've got to

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have hopefully you can see the bottom

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you've got to have a sales conversation

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and this is a crucial part of high

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ticket selling high price selling is

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there's always gonna be it could be one

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it could be several but in-depth

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conversations where you talk to the

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customer you figure out what's going on

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with their business what their problems

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are what their needs are and then you

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come up with a solution together to best

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suit what's gonna be best for them this

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is where you spend selling it's in the

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middle between creating the sale and

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closing the sale during this

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conversational stage this is where in

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spin selling comes in and where it's

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really going to be highly effective

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alright so Before we jump into the

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actual spin selling method I want to

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show you the difference between little

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no consequence sales and high

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consequence sales what happens here is a

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lot of us know how to sell at this price

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point little no consequence but when we

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use those same techniques those same

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methods the same approach that has been

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working up here and we try to use it for

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high consequence sales it just doesn't

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work

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spin selling is for high consequence

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sales it isn't for a little no

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consequence sales so what exactly is the

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difference between these two different

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types of sales little no consequence

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sales are something that doesn't matter

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too much for the customer and if they

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make the wrong decision it's not going

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to be the end of the world so imagine

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you go into a store to buy a pair of

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jeans or you're buying a pair of jeans

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online you pick out your size you pick

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out your color you like the particular

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style you go ahead and you order now if

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those pair of jeans aren't perfect it's

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not the end of the world you're not

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going to lose your life you're not going

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to lose your business it's not going to

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be

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/ so that sort of sale is a little no

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consequence sale when someone comes to

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you and you're a gene sales person it's

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pretty easy in a way to sell that sort

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of stuff because someone's come to you

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they know what they want you just have

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to show them kind of the selection you

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show them the features and you wrap up

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that sale with high consequence sales

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it's very very different this is

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something that has real impact if the

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person makes the wrong decision and to

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give an example of this let's say having

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an operation you go into a doctor you

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are not feeling well and you're

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discussing maybe going ahead with a

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life-changing operation that is

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something that you're not going to

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decide in two three minutes that is

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something that you're going to think

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about you're going to ask questions

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you're going to need certain information

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you want to know that that's the right

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decision

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now apply that same logic to a business

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when we're selling a service high

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consequence sales are when our product

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has a real impact on the business but if

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it's done incorrect if it's done the

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wrong way it's gonna have a huge

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negative impact on the business it could

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mess up their whole sales system it

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could turn away a bunch of potential

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customers it could do some real damage

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for these sort of sales we have to use

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the spin selling method and it's really

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really effective making the customer

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feel secure making them feel confident

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making them really feel that this is the

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right decision for them how it's gonna

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work

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what problems it's gonna solve what

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value it's gonna create so if you've

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been at this stage so far and even using

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certain methods it's good that you have

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the experience but you're really gonna

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have to switch up your game to move to

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these high consequence sales all right

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so we're jumping into the actual spin

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method what you might not have known or

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maybe you did or spin selling stands for

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four different types of questions the

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four types are asked for situational P

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for problem I for implication and and

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for need payoff we'll get into exactly

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what these are how it works in detail in

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a few moments the first thing that I

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want to cover is why we're asking

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questions in the first place

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alright so to understand why we're

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asking so many questions one of these

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big sales let's go back to the

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difference between low consequence sales

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and high consequence sales for a low

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consequence sale it's not a big deal for

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the person buying they do want this but

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again it's not going to be the end of

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the word

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if they make the wrong decision so

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usually what a sale like that people

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come to you they want the product of the

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service and you have kind of a polished

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sales pitch you know in general what

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they're after it's a pretty specific

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service or product so you go to your

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sales pitch you give them the features

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the benefits you talk about the great

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price point how it's gonna help them

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they have one or two questions and for

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the most part it follows a pretty

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consistent path towards the sale or

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towards a no sale with a high consequent

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sale where we're going to need spend

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selling that is definitely not the case

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and why it changes is because things are

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much more complex this is a high-risk

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sale for the person buying and they need

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to know it's the right solution for them

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for us to just guess and so just give a

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generic sales pitch is not going to be

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effective we got again information we

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got to understand what this business

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does how exactly they do it who do they

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serve who their customers are what are

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their problems what's holding them back

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what's going to help them sell what's

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the value potential value if we're able

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to solve this situation and improve

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their business now for us to guess that

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stuff we could guess maybe we dealt with

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a similar business in the past it's not

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a good strategy because a lot of the

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time we're not going to be correct and

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we're pushing something on them that's

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at a high price point at a high

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consequence without having the right

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information it's not the way to do it

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we've got to get the information so how

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do you get information we don't know it

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or we know very little at this stage we

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got to go through a series of questions

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and that is what's been selling is it's

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the right order and the right sort of

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questions to get the information that we

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need to have a very good chance or the

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best chance possible at making a sale so

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let's get into the actual questions I

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hope the first part of this makes sense

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that you understand why we're asking

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questions in the first place and why

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it's so important to ask these questions

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if we want to have the best chance

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possible to close this deal to close

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this project or whatever it is so let's

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get into the first question all right so

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the first sort of question is situation

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question I like to think of these as

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context so Before we jump into the more

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complex style of questions all we're

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gonna do is first figure out what is

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going on with this business and that

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makes sense we want to have good in

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before we start getting into the

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specifics of how we can help what

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problems they might have so what we're

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going to do in this first stage with

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situational questions is just very

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quickly because we you know don't waste

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too much time in this stage it's not

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gonna help a cell directly but it is

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something that we need to know before we

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go ahead we want to figure out you know

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who what why of this business who are

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they selling to what they do what's

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their main value point what's the

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current situation how do they currently

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sell how do they feel about their sales

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system how many employees all the sort

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of stuff the thing is these sort of

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questions are pretty boring for the

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potential customer to answer it's just

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them listing off information they don't

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see so much value in this so far so this

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stage we have to keep pretty fast and if

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you can't make sense to research the

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business beforehand and only ask

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questions that are you know leading

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towards a sale and that you really do

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want the information about if I'm

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selling a website doesn't really matter

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how many employees they have not so much

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what I want to focus on in that example

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is okay where you're getting your sales

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from right now how is the website

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performing at the moment what's your

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typical sales process from start to

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finish how many visitors are you getting

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a month those things are good questions

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too for me to start figuring out the

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situation of what is going on with this

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business understanding the context

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understanding what it is and if you

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think about you know visual analogy what

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you're doing here is you're mapping out

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the business you're looking at what is

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there before you jump in further so that

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is situational questions I'll put some

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examples in the description of this

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video but basically the first stage of

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this is just getting the right

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information and understanding what this

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businesses how they do it who they serve

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what their product or service is and

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what's going on at the moment you got to

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do it kind of fast but this is where you

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got to start all right so the next stage

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of this is problems I hope you're

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enjoying my sketches if you are smash

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that like button so what we've done in

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this first stage is we figured out the

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situation of the business we understand

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the context what they do how they do it

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who the help and so on what we're now

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going to start doing is getting

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information that's going to help us sell

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this information doesn't help itself we

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know this

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about the business who cares the owner

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that's not going to motivate them

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whatsoever what we need to start doing

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is finding problems problems that are

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painful enough that the potential

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customer might pay or hopefully pays to

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resolve those problems so once you know

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what's going on with the business and

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you have an idea of who their customers

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are how it works what they so in my case

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I sell websites so what's going on the

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website how the sales process works we

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start looking for potential problems so

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we go from general situational questions

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like you know what exactly do you sell

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to okay when you guys are selling to

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your customers how do you feel your

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communication is do you feel like it

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could be better or do you feel like it's

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on point do you think that customers

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understand how much potential value that

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you have to offer what I'm doing here is

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I'm fishing for problems so I don't say

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hey you guys got a problem I can see you

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have a problem I start asking them

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because I want the information to come

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from their side first what I'm going to

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do is for my particular service websites

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I'm going to go to all the areas that I

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would like to cover for potential

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problems and just see what's there on

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the surface level so do you have a

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problem communicating with potential

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customers do you have a problem with

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your sales process and you know the

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information that helps people make a

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buying decision do you have a problem

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with the sales process in regards to you

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know someone comes in do they book do

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they send an email do they go ahead and

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reserve a sales call from a sales rep

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the sort of stuff has the website

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performing any issues there you know do

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you feel good about the design any sort

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of problems you know has the general

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sales system I'm basically looking for

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problems and I'm getting the customer

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hopefully to state that they have some

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issues in some of these areas now to be

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honest nearly every business has an

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issue with their sales stuff they always

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want more sales they want more customers

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they want more projects or whatever it

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is that they do so all I got to do in

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this stage with problems is ask good

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fishing questions and I'm not at this

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stage all I'm doing is looking for the

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start of these problems and it's going

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to lead into the next stage which is

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implications but what we do to quickly

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recap first get the general idea of what

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is going on this bit

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the context the situation then start

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going through all the different areas

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that you think whole potential for what

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it is that you offer again I sell

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websites I want to focus on the areas

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that hopefully a website could help fix

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there's no point me asking them hey how

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BIG's your car crack you got enough

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parking spaces for your stuff I don't

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sell chiropractic sell websites so you

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gotta be specific to what it is that you

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offer when you're looking for problems

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if it's not a problem you can't fix

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don't focus on that it sucks for the

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business owner but it's not something

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you can help them with you gotta focus

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on the areas where you can potentially

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add value that brings us into the next

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question

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all right so in the problem stage

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hopefully we incur at least one and

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hopefully several problems on the

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surface that we can see that the client

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already has now in that last example

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with the problem section I was focusing

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on maybe they have a problem

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communicating with their clients so what

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I'm gonna do and I'll actually do this

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for all the different problems that they

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have but this is just to give an example

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of one what I would do if the client

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mentions yeah you know actually we kind

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of do have a problem with the clients

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right now there's certain services that

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we have that people don't realize we

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offer there's certain great projects

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have done in the past that they're just

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not aware of and I just feel like the

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text on the website could maybe be

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better and when people you know and we

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get a sales call a lot of the time the

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customers don't really exactly know what

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it is that we do and what we offer and

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you know how much we can help them so

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basically what a lot of people do at

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that stage some of the what not that

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much excels experience is they think

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great these people have a problem and

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they go straight from that point to well

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you know what I could do I could make

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you a new website and I could put in

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great content and we can solve all those

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problems the mistake with doing that is

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this if you jump in at this stage when

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you just have the small initial problems

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so they have a problem communicating

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with their clients you have a problem

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this big on their on the potential

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clients radar they see the problem this

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big so the only amount of money that you

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can charge is also this big so this is

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your money what we need to do before we

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get to pricing our services if we want

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to make a big sale is turn this problem

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and this is how they perceive it

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- this size and hopefully this is made

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up of quite a lot of several problems

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that are all really painful for the

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client and why we're doing this is they

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see whoa this is actually way worse than

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I thought it's really hurting the

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business so it is worth not spending

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this amount it's worth spending this

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amount and this is a huge difference

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between people who sell at a low price

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point and they sell at a big price point

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is they jump in too early with a

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solution they see that the client has a

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small little problem straight away I can

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fix that and the only price that a

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client will pay because you haven't

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explored this problem and the other

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problems is a very small price to get a

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big price for your services

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you gotta explore problems so let me rub

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this off so what we do is when we find a

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potential problem like communication

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with the clients we talk about this

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problem and we go over all the things

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that it's you know implicating so they

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have a problem communicating with the

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client okay we understand the problem

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what's the implications of this problem

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so are they losing sales are they

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spending a lot more time on the phone

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selling to these clients do they have

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people who woulda bought more often if

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they had understood exactly the value

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that this business had and they had seen

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all the different projects that them in

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the past or they had seen how good their

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service was at helping other people so

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what we're doing is taking the small

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problem and we're making it much bigger

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now we're not exaggerating or lying

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we're just exploring the problem and

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showing that it's not just the initial

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problem there's a lot of knock on things

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that this impacts they're wasting time

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that they could have spend elsewhere

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explaining the same stuff to customers

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all the time they're having people who

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don't even go ahead and contact the

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business because they didn't have the

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right communication on the website and

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these potential customers returned off

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and they went to someone else

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they have people who would have bought

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at a higher price point but because of

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the poor communication they didn't spend

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that much they didn't believe in the

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service or product as much what we got

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to do is ask these sort of questions and

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get that information from the potential

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client all right so to visually show the

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difference between an inning

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salesperson and why they can only charge

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so much an experienced salesperson and

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how they can charge so much let's go

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over it so the situational questions

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both people start off on that doesn't

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really build a sale it's not really

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getting you to a big amount because it's

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just factual questions about the

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business now you get into the problems

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people who are inexperienced will ask

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some problem questions so hey do you

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have a problem with this do you have a

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problem of that and they'll build a

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little bit of a need with the client it

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won't be too much but the client

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understands they have some problems they

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probably already knew they had those

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problems so you know the only way

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they're gonna go ahead with that at this

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stage is if it's nice and cheap okay

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let's fix those problems whatever what

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the experienced person does is sure they

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talk about the problems as well and they

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build it up but not only the problems

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they build up the implication of those

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problems and now the problems seem way

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bigger way more severe way more serious

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it's damaging the business it's holding

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the business back they didn't even

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realize this sort of stuff and that is

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from asking good implication questions

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it's not just the problem that you know

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who cares about it that much it's wow

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this is the big problem it's not just

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the broken contact form it's us not

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looking professional it's us losing

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potential leads it's us not you know

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having to fire staff because we didn't

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make enough revenue that we thought we

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would all those different sort of things

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and proper implication questions are

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gonna draw these out now there is more

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that we can do and this is the next

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section and this is the need pay off

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before you get into that and like you

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know switch to my knee pay off board I

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want to talk about one thing so far with

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these questions it's been kind of

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negative and what I mean by that is for

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asking about problems things that kind

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of stuck with the business that isn't

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going so well it isn't nice for them

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it's painful it's stressful this is

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stuff they want to get rid of that's

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only one side of the equation so if you

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think of your motivation in any

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situation for anything there's things

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that you don't want and there's things

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that you do want you know if I have a

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headache I don't want to have a headache

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but I'd like to feel good again this is

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the positive side the negative side what

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we've done so far here is we've been

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talking mostly about the negative side

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of stuff what's not

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well with the business what they want to

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get rid of but we've missed all this

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positive motivation what about the

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things that they do want to do the areas

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that they would love to be having more

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success in what does that look like that

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brings into our final sort of question

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which is the need payoff questions

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they're positive questions to build the

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other side of the motivation so if you

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think of hopefully this isn't getting to

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small little scales give me a second

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we're building up all the negative stuff

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that they want to get rid of but hey we

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can also build up some cool positive

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stuff as well and make this sale even

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more valuable hopefully so last sort of

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question let's get into it

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neat payoff questions all right we're

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getting they were on the last sort of

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questions this is it me payoff questions

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so hopefully it's all making sense so

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far if it is if it isn't leave me a

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comment below let me know the feedback

play20:50

so what we've done so far is this we've

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figured out the situation this is okay

play20:54

our starting point we got that

play20:56

information we jumped in and we found

play20:58

out some problems so we found some stuff

play21:00

that you know potentially we could

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resolve that this is an area that our

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business our product caters to we didn't

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stop there we looked at all the

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implications of those problems we asked

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questions we figured it out we got in

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detail what does that really mean with

play21:18

the problems how is it impacting the

play21:20

business thing is though this is all

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being kind of negative and we've missed

play21:24

that so far on another thing that we

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could be doing which is the positive

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side of things so what we do now is you

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take these problems okay bad

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communication with the client and they

play21:34

know that it's damaging the business

play21:36

they know that it's hurting stuff

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hopefully they're starting to feel like

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this is something that they want to fix

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but why don't we you know switch this

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around and also build it up the other

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way and talk about hey you know if you

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had perfect communication on the website

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for you what would that look like and

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what would that mean for your business

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and this is getting them to not only

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realize that they have a big problem but

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to look into the future what do they

play22:00

want what's their goals and basically

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what we're doing here is we're getting

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them to list the benefits of what we're

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going to sell them benefits or something

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that week

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come up with on a big sale we have to

play22:13

get that information from the potential

play22:15

client and by asking these sort of

play22:17

questions that's how we get our benefits

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it's a huge part of selling a high price

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service or product so you got the

play22:25

problem can communicate with clients the

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current website is just terrible at

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telling clients what it is that they do

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and how valuable they are we've covered

play22:32

the negative side positive side hey you

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know if you're perfect communication

play22:35

what's that going to mean if you how

play22:38

would that change your business what

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would you like to see from that sort of

play22:42

issue being fixed you know it's gonna

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mean our sales person are having much

play22:47

better results it's gonna mean we

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attract the right sort of customers it's

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gonna mean the right sort of customers

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pay more money it's gonna mean we get

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more market share it's gonna mean we

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look more professional more prestigious

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so on so we're getting them to list off

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the things on the positive side from all

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this other information that we have and

play23:08

what we do is we go through the problems

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look at the implications and then we go

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hey you know if that was fixed if that

play23:14

was better if that was working correctly

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what would that mean for your business

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how would that impact your business

play23:19

positively what would you like to see

play23:21

from that being resolved and we build up

play23:25

all these benefits and that is one of

play23:28

the final parts of the spin selling

play23:29

method so what you've done is you've

play23:31

figured out the situation you found some

play23:33

problems the implication of this

play23:35

problems that's really helping to sell

play23:37

in a big way that's meant to be a tick

play23:39

mark but you've also built it up the

play23:41

other way where you've talked about all

play23:43

the positive benefits and value from

play23:45

resolving this issue all right we're on

play23:48

the home straight hopefully you're still

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with me so what it looks like is this we

play23:52

figured out the problems but we didn't

play23:53

stop there because that isn't enough to

play23:55

make a high price sale we focused on all

play23:57

the negative stuff the implications

play23:59

what's holding them back the pain points

play24:01

all the damage it's doing right now to

play24:03

the business we also added in the

play24:05

positive stuff what do they want to see

play24:07

in the future what benefits would they

play24:09

want from an ideal solution how is an

play24:12

ideal solution going to add value what

play24:14

specifically do they like about the idea

play24:18

of getting this fixed what do they want

play24:20

to see in something that they might

play24:21

potentially buy we've done that all by

play24:24

asking

play24:25

questions hopefully we've built up the

play24:26

problem so big that they're now

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considering a worthwhile investment

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something quite decently sized

play24:33

price-wise to get this thing fixed where

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we go from here this is kind of where we

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exit spin we go into the next stage of

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closing the sale that we talked about

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way back at the beginning you're going

play24:43

to start talking about you know what

play24:44

your solution does what it's done in the

play24:46

past to help other people how you're

play24:48

confident it's going to work how you

play24:50

could price it what it makes sense for

play24:52

these people you know to pay and

play24:54

hopefully you've built it up so that

play24:55

they agree with how you see things and

play24:57

how you're going to get back their

play24:59

return on investment how you're gonna

play25:00

add value for them you're basically

play25:02

giving back a lot of this information in

play25:05

the form of talking about your product

play25:07

talking about your service and the cool

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thing is you know for sure that this is

play25:12

what is fact you're not guessing this

play25:15

stuff

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didn't come off the top of your head you

play25:18

took the time to ask these thing

play25:20

questions and really understand what's

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going on and now you know how to

play25:23

effectively sell your service and price

play25:25

it down in that next stage hope this

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video a little bit on the long side I

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hope it's added a ton of value I hope it

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helps you sell and move up to those

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higher ticket sales any questions

play25:35

suggestions feedback just let me know I

play25:38

got a couple of links below the video

play25:39

check those out thanks for watching

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