Terminology Flashcards

1
Q

What does NEPQ stand for?

A

Neuro-Emotional Persuasion Questions

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2
Q

Define “Problem Awareness” in NEPQ.

A

The phase where prospects realizes the reason for the gap between their current challenges and desired outcomes.

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3
Q

What is “Solution Awareness”?

A

Understanding if the prospect has attempted to resolve their problems with other methods, and to get their ideal solutions needed to bridge the gap.

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4
Q

What is meant by “Consequences” in NEPQ?

A

Highlighting the potential negative outcomes if the prospect does not address their challenges.

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5
Q

What does “Handling Objections” involve in NEPQ?

A

Addressing and neutralizing concerns that prevent prospect from moving forward.

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6
Q

Define “Transition” in a sales call.

A

Moving smoothly from discussing a prospect’s challenges to presenting your solution.

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7
Q

What is a “Discovery Call”?

A

An initial call to understand the prospect’s needs, challenges, and goals before a deeper sales conversation.

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8
Q

What is the “Commitment” phase?

A

Securing the prospect’s readiness to proceed with your solution before closing the deal.

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9
Q

What is a “Desired Outcome”?

A

What the prospect hopes to achieve by solving their problem.

(E.g. “I want to make more money”, “I want more leads.”)

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10
Q

What is “Word Track”?

A

Pre-planned phrases or scripts used to guide conversations and handle common objections.

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11
Q

What is meant by “Gap Selling”?

A

Identifying the gap between where the prospect is now and where they want to be, creating urgency for your solution.

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12
Q

Define “Emotional Tension” in NEPQ.

A

The discomfort a prospect feels when they realize their current situation is unsatisfactory.

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13
Q

What is a “Micro-Commitment”?

A

Small agreements from the prospect throughout the conversation, making them more likely to commit at the end.

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14
Q

What does “Vehicle” refer to in sales conversations?

A

The method or strategy the prospect uses to achieve their goals, such as a new marketing strategy or lead generation system.

(e.g. Word of Mouth, Referrals)

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15
Q

What is a “Personal Impact” question?

A

A question that explores how a problem or a solution affects the prospect on a personal level, such as their time or stress.

(E.g. “how has it affected the future of the company?”)

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16
Q

What is “Emotional Buying”?

A

A buying decision driven by emotions rather than logic. Prospects often, justify purchases logically but decide emotionally based on how they feel about the situation.

17
Q

Define “Logical Buyer” in context of NEPQ.

A

A buyer who makes decisions based on facts, data, and logic. They often need more evidence and assurance that the solution makes practical sense.

18
Q

What does “Future Pacing” mean in sales?

A

Helping the prospect imagine a future where their problem is solved or their desired outcome is achieved. It’s used to create excitement and envision the benefits of your solution.

19
Q

What is a “Soft Close”?

A

A low-pressure way of gauging a prospect’s readiness to move forward without directly asking for a sale.

(E.g. “Does this sound like something that would benefit your company?”)

20
Q

What is a “Trial Close”?

A

A question used to test the prospect’s readiness to buy before going in for the final close.

(E.g. “If we could make this work, would you feel comfortable moving forward?”)

21
Q

What does “Risk Reversal” mean?

A

Reducing or eliminating perceived risks for the prospect, making it easier for them to commit.

(E.g. Guarantees, Warranties, Trial periods.)

22
Q

Define “Gap Analysis” in NEPQ.

A

The process of identifying the difference between where the prospect is currently (Current Situation) and where they want to be (Desired Situation), emphasizing the need for change.

23
Q

What is “Tonality” in the context of NEPQ and sales?

A

The tone and inflection of your voice during a sales call, which can convey empathy, curiosity, concern, or urgency. It’s essential for building trust and guiding the conversation.

24
Q

What is the “Two truths” question, and what does it accomplish?

A

“Is there anything you would change about either the process.. or maybe the outcome you’re getting if you could?”

This is used to get the problem if the prospect isn’t sure about it.