sales force training
DESCRIPTION
Sales ManagementTRANSCRIPT
IBS Hyderabad
Sales Force Training Process
IBS Hyderabad
Sales Training - Importance• Importance of Sales Training:– Definition of sales training– Concentrates on how prospective sellers and
buyers interact• What Happens When Sales Training Is
Inadequate– Miscommunication– Lack of confidence– Lack of Customer satisfaction
IBS Hyderabad
The Positive Value Of Sales Training
1. Increases the performance of salespeople, resulting in increased sales, by:– Preparing salespeople to maximize the
effectiveness of each customer encounter. – Teaching salespeople a systematic selling process
which makes it easier for them to apply specific selling techniques based on customer-initiated buying signals.
– Improving the ability of salespeople to carry out corporate-endorsed selling strategies.
IBS Hyderabad
The Positive Value Of Sales Training
2. Improves customer relations by: – Helping salespeople understand their customers’
underlying buying motivations. – Enabling salespeople to deal more effectively with
customer concerns and objections.
Sales training improves the overall effectiveness of training by applying it universally
throughout the company’s entire sales, sales support, and marketing organization.
IBS Hyderabad
Initial Sales Training Follow-up or Refresher Training Training by Manufacturer to
Distributor’s sales force Training by Manufacturer to Customers
TYPES OF SALES TRAINING
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Complete knowledge about the product or service
Increases effectiveness and productivity Enhances company’s image Reduces sales force turnover Selling complex products
BENEFITS OF SALES TRAINING
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• Relationship Building.
• Product Knowledge.
• Competitors and their Products.
Objectives of the training Program
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Who Should be trained….
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• Sales force from different occupations.
• Customer’s needs and requirements.
• Knowledge of the market.
• Personal selling skills and time management skills.
Identifying training needs……
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1.Selecting the Right Trainer
2.The timing of the Training
3.The Place of Training
Implementing The Training Program
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• To measure the effectiveness of sales training is difficult.
• Evaluations can be made before , during, and after the training programs.
• To reinforce the training in subsequent weeks.
Evaluation of Sales Training
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Kirkpatrick's Four-Stage Model
Salesperson’s reaction
Knowledge acquisition
Behavioral change/ Transfer of learning
Organizational outcomes
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Mean Importance
Source All Cos. Service CompaniesManufacturing Cos.
Reaction Measures
Trainee Feedback 3.42 3.39 3.39
Supervisor's feedback 3.15 3.14 3.12
Training staff feedback 2.95 2.92 2.85
Learning Measures
Performance tests 3.1 3.31 2.85
Pretraining vs. post-training Measurements 2.72 2.71 2.56
Behavior Measures
Supervisory appraisal 3.38 3.5 3.29
Self-appraisal 3.25 3.37 3.1
Customer appraisal 3.17 3.42 2.78
Subordinate appraisal 2.73 2.93 2.37
Coworker appraisal 2.52 2.63 2.33
Result Measures
Bottom line measurement 3.2 3.34 2.94
IBS Hyderabad
• Define training effectiveness in terms of incremental sales volume from existing accounts or volume generated by new accounts.
• Training is evaluated based on its impact on both sales and profits.
• To ensure that training is not prohibitively expensive.
ROI approach
IBS Hyderabad
Asia's Largest Direct-selling Organization, 5,500-strong
Direct-sales Force, 450 Cities, 100 Direct Offices.
Continuous Training: Knowledge Management Portal “Euro
Share” and “Book of Best Practices”.
Training The new Employee:
› The Induction Program “My First Week”. – 7 days.
› The Refresher training program “Making of the Euro
Champ”. 30 days.
Sales Force Training @ Eureka Forbes
IBS Hyderabad
Hub and Spoke Model Followed.
Trainers : Members of “Club 100”, “Living Legend” &
Faculties from NMIMS.
Training through “Curriculum Based”, “Case Study” &
“Simulation”.
Training for Training, Relationship Marketing,
Communication Skills, Full knowledge of the product
range.
Training for Managers “Smart” & “Regional Smart”.
Sales Force Training @ Eureka Forbes
IBS Hyderabad
Training not that intensive. Decentralized Training. 2 Days Training at Branch office and 1
Week at Lifestyle. Training Focuses on selling products
through commercial and visual processes of pricing and display.
Company Showroom Sales Force Training @ Godrej
IBS Hyderabad
Thank You