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SPIN® -Selling

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Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
SPIN® -Selling by Neil Rackham, in the Business & Entrepreneurship category, presents a revolutionary sales technique that focuses on understanding customer needs through targeted questioning. It introduces the four key elements of successful selling: Situation, Problem, Implication, and Need-Payoff. This method aims to improve sales performance by building stronger relationships with clients and closing more deals effectively.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you're looking to master the techniques of successful sales through the SPIN® method. It offers practical insights and proven strategies for enhancing your sales skills, particularly in complex, high-value transactions. Perfect for business professionals and entrepreneurs eager to boost their closing rates and achieve sustainable success.

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SPIN® -Selling

Provides a set of practical techniques which have been tried in many of today's leading companies with dramatic improvements to sales performance. This text makes the spin-selling method available in paperback and includes a new preface by the author.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

SPIN® - Selling by Neil Rackham offers a ground-breaking approach to high-value sales, fundamentally challenging long-held beliefs in the sales industry. The book is the culmination of extensive research carried out over 12 years, involving more than 35,000 sales calls made by 10,000 salespeople in 23 countries. Rackham’s meticulous studies uncovered that traditional selling techniques, effective for low-value transactions, tend to fall short when applied to major sales.

Contrary to popular sales dogma, Rackham demonstrates that tactics such as aggressive closing, highlighting product benefits, and focusing on objection handling do not significantly improve success rates in high-stakes sales environments. Instead, he introduces the SPIN-selling method, an acronym that stands for Situation, Problem, Implication, and Need-Payoff questions. This method shifts the focus from the seller to the buyer, encouraging sales professionals to engage in a consultative approach.

The core of SPIN® - Selling lies in its four types of questioning techniques:

Situation questions are used to gather facts and understand the current state of the client’s operations or needs.

Problem questions help to identify issues or difficulties the client is experiencing.

Implication questions delve deeper into the consequences of the identified problems, helping clients to recognise the urgency and gravity of their situations.

Need-Payoff questions guide the client to articulate the benefits and value of solving their problems, effectively positioning the seller’s offerings as the ideal solution.

This strategic framework equips sales professionals with practical, actionable techniques that have been proven to lead to significantly improved sales performance. The SPIN method is not simply a collection of tips but a cohesive, well-researched approach that transforms how sales conversations are conducted, ensuring a higher likelihood of success in landing major sales.

Throughout SPIN® - Selling, Rackham provides real-world examples and case studies from leading companies that have adopted the SPIN method, illustrating its remarkable results in enhancing sales effectiveness. Whether you are a sales manager, a seasoned sales professional, or a newcomer to the field, this book offers invaluable insights and a fresh perspective on achieving sales excellence.

Embrace the transformative power of the SPIN-selling method and unlock your potential to master high-value sales with Neil Rackham’s SPIN® - Selling.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

SPIN® -Selling by Neil Rackham is praised for its compelling and effective ideas, described as obligatory and essential reading for anyone in sales or sales management. It is recognised for breaking new ground and is highly recommended by professionals in the field.

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Book Details

INFORMATION

ISBN: 9780566076893

Publisher: Taylor & Francis Ltd

Format: Paperback / softback

Date Published: 23 November 1995

Country: United Kingdom

Imprint: Gower Publishing Ltd

Audience: Professional and scholarly

DIMENSIONS

Width: 156.0mm

Height: 234.0mm

Weight: 400g

Pages: 256

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About the Author

Bestselling author Neil Rackham is a psychologist with over 25 years experience as a researcher and consultant to some of the world's leading companies, including AT& T, Microsoft, IBM, Chase Manhatten and McKinsey. In the United States he is President of a leading consulting firm specialising in sales performance. Rackham is also the author of companion volumes Account Strategy for Major Sales and The Management of Major Sales, both published by Gower in hardback.

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