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Closing deals and meeting sales quotas is always challenging. The right sales frameworks set your sales teams up for success and give them the tools they need to conduct productive sales conversations and drive deals through the pipeline.
Learn more about MEDDIC/MEDDPICC, BANT, and SPIN, three leading sales methodologies, and the situations that best suit each one.
BANT’s simplicity makes it an effective part of lead qualification, so sales reps can assess the viability of a sales opportunity and prioritize their efforts on prospects with a higher likelihood of closing. It’s good for B2B companies with short sales cycles, when it’s important to understand your prospect’s decision-making process and timeline but intensive methodologies like MEDDIC/MEDDPICC or SPIN would drag the process out unnecessarily.
However, tech sales have come a long way since the 1950s, and BANT can’t always address all the nuances of modern buying behavior. Some sales organizations supplement or evolve the BANT framework with additional qualification criteria or methodologies like SPIN or MEDDIC/MEDDPICC.
SPIN, or Situation, Problem, Implication, and Need, is a sales framework that focuses on uncovering customer needs and guiding them towards the most appropriate solution. It was developed by Neil Rackham in his book “SPIN Selling,” which was published in 1988.
Here are the steps that underpin the SPIN sales framework:
SPIN is a good choice for consultative sales, where you need to fully understand a prospect’s needs to be able to provide tailored solutions. Asking SPIN questions helps sales professionals to build rapport, uncover valuable insights, address objections, and ultimately suggest a solution that meets the customer’s requirements.
But SPIN isn’t ideal for every situation. In the case of simple, straightforward sales for products that don’t involve much customization, SPIN questions might seem over the top and even intrusive.
MEDDIC is a sales methodology that was developed in the mid-1990s to help new sales hires to identify why a deal failed to close and overcome those obstacles to drive more sales. Over time, sales became more complicated, so two more elements were added, turning MEDDIC into MEDDPICC.
The MEDDPICC acronym stands for:
MEDDIC and MEDDPICC emphasize the importance of understanding the customer’s internal dynamics, helping sales reps qualify opportunities effectively and navigate the intricacies of the buying process. They are well suited to complex B2B sales environments with multiple stakeholders and a long sales cycle, but for short, simple, and fast-moving sales processes, MEDDIC/MEDDPICC could slow your sales reps down
Each of these selling techniques offers a structured approach to sales, helping sales professionals engage with prospects effectively and move them through the buying process. The choice of which technique to use depends on the nature of your solution, the complexity of the sales cycle, and the preferences of the target audience.
For example:
Once your company has chosen its preferred sales technique, it becomes the foundation of your sales processes, so it’s important that every sales rep follows the same methodologies to keep your processes consistent.
You can make sure that your sales reps have your sales framework at their fingertips when you use Second Nature. Second Nature’s AI-powered training platform provides realistic AI trainers and role play personas, enabling your salesforce to practice each kind of methodology and conversation as many times as they like.
What’s more, Second Nature contains a vast template library, including templates for MEDDPICC, SPIN, and BANT, which makes it easy to produce a full AI-powered training session in just a couple of minutes for any of your offerings. All you have to do is upload your raw materials in the form of a voice note, URL link, webinar recording, sales deck, or any text document, and choose the right template. Second Nature will automatically build a simulation in which your sales reps can practice your selected sales methodology with an AI “prospect” in a way that is customized for your specific product.
It’s simple to customize your training sessions even further. You can adjust it to train sales reps to sell any specific solution, product, service, or plan, including ensuring that they master the relevant details and information about the solution you’re selling.
It’s really that straightforward, you can build an AI course in minutes. Sales reps can then use the training course, working with an AI trainer that acts like a genuine prospect and an experienced coach in an always-available, endlessly patient package. Now your sales reps can practice your MEDDPICC, SPIN, or BANT processes whenever and wherever they like, and get helpful hints and feedback if they miss something.
When sales professionals have mastered selling your offerings according to the sales methodology of choice, they’ll be able to drive more revenue with confidence.
Learn more about Second Nature’s sales methodology templates
It depends on your sales cycle, product complexity, and decision-making process. For quick sales, BANT works best. For complex, enterprise deals, MEDDPICC is ideal. Learn more in the BANT vs MEDDIC section.
Yes! Many organizations blend BANT for lead qualification with SPIN for consultative selling or MEDDPICC for in-depth enterprise deals.
Complex products or services that require significant customization and have longer sales cycles often benefit from detailed methodologies like MEDDPICC, which provide a structured approach to navigate intricate buying processes. Simpler offerings with shorter sales cycles might be effectively managed using methodologies like BANT.
By understanding these aspects, you can select and implement a sales methodology that enhances your team’s effectiveness and aligns with your organization’s goals.
See Second Nature for yourself
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