1. Sales Management 10 Sales Training

2. Training as Socialization Training helps _________new employees to the company. Can use it to orient new people to company Helps to instill _________ _________ Helps define role –Improve _________, reduce _________ Learn about company, product, customers, industry, selling Can help to motivate employees

3. Role of Sales Training in Sales Force Socialization _________to _________— The degree to which a sales trainee feels competent and accepted as a working partner Role _________— An understanding of what tasks are to be performed, what the priorities of the tasks are, and how time should be allocated among the tasks. Sales training helps socialize the new hires, providing them with a positive:

4. General Sales Training Objectives Better Time/Territory Management  Increase Productivity  Improved Morale  Lower Turnover  Improved Customer Relations

5. Obstacles to Sales Training Top management not _________to training. Training programs not adequately _______. Salespeople _________about training. Salespeople _________time intrusion. Salespeople _________suggested changes.

6. Sales Training Problems Sales training often lacks credibility. Fails to deliver what is promised. The level of approach in the training assumes too much of the participants. May need more basic starting point. No follow-up rewards to reinforce behavior taught in training.

7. Sales Training is an Investment Increases sales Decreases management headaches Decreases turnover Increases morale and customer satisfaction It takes time and effort Not a panacea, must be reinforced

8. Specific Training Investments Cross-Training Training personnel, materials, facilities Outside training: workshops In-Field Coaching Conferences Update/Repeat Reinforcement

9. Specific Training Objectives I Increase sales/profits Create positive attitudes/improve morale Socialization Reduce conflict and ambiguity Intro new products, markets, promo programs Develop people for future management jobs

10. Specific Training Objectives II Create/Raise awareness of ethical/legal issues Teach administrative procedures (expense reports, call log) How to use support tools (laptop computers) Minimize turnover Prepare new salespeople for field Improve teamwork

11. When To Train New Hires: –Field work then training –Training before field work –Can be days to more than a year Existing Sales Force –Annual –As needed –New product, problem, routine, remedial

12. Training Costs/Time New Hires –$4,000+ to nearly $10,000 –4± months average Existing Salespeople –About $4,000/year –Nearly a week (32.5 hours) per year –More emphasis on product vs. skills

13. Sales Training Topics: What I Product Knowledge –Helps with _________decision making –_________’ products as well as own –Takes longer for technical products –Need to know how product _________ Market/Industry –Economy –Customers: buying ______, patterns, preferences. –Customers’ customers (derived demand). Chain –Competitors

14. Sales Training Topics: What II Company –Policies: _________, _________, order processing, advertising, sales promotion, travel, _________. Sales Techniques/Skills _________/_________Management –Develop territories to enhance rep’s efficiency –Plan and follow plan Legal/Ethical Issues –Mistakes can lead to big lawsuits –Money, time, reputation

15. Sales Training Topics: What III Other –Legit: Computer program, Relationship building, Selling procedures Decision Support System (DSS) –Questionable: L/R brain presentations, Body language

16. Training Methods: HOW _________: most common External seminars: top three, major tool _________: least favorite In house classes

17. Instructional Method Video _________ One-on-one _________ Case studies Audio Slides _________ playing

18. _________Selling: Knowing How to Sell Knowing which plays to call when. Sophisticated knowledge structure –Knowing what script for each situation –Remembered situations - recognition Classify customers and address accordingly Effective sales rep is better able to discriminate on 3 attributes (Ineffective > 3, and still misclassifies)

19. Initial Sales Call Script Objectives Gather info about buyer needs, objectives Develop personal rapport w/buyer Create favorable impression about self Communicate positive impression: company Identify key decision makers Assess sales potential Assess buyer’s attitude toward company Lay groundwork for follow-up appointment Set specific follow-up appointment

20. Costs/Benefits of Training Costs: Direct & Indirect –Trainers, facilities, material, equipment –Lost sales, salaries Measurement criteria: –Reaction, learning, behavior, results Broad Benefits –Improved morale (job satisfaction) and lower turnover Specific Benefits –Call reports, new account sales, customer complaints

21. Measurement of Training Effectiveness Reaction of Trainees –_________ –_________, Comments, Anecdotes, Interviews Learning –Understanding Concepts; Ability to apply –_________; Knowledge Improvement Behavior –Behavior on the job, _________, Time Series Analysis Results –Changes to __________________and other measures –Do benefits outweigh the costs?