Shared Flashcard Set

Details

Sales Force Chapter 8
mktg 430
35
Marketing
Undergraduate 4
11/09/2011

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Cards

Term
Why train?
Definition

1.Selling requires a sophisticated knowledge

2.research shows that sales training can enhance selling effectiveness through improved relationships and greater rentrion

 

Term
Why Train Top 5
Definition

1. Increased Productivity-measures in terms of a cost-benefit model

2.Reduced Turnover-reduces disappointment, ambiguity, and increases focus

3. Improved Customer Relations-through better customer knowledge and improved solutions to their problems

4.Increased Morale-training improves confidence and enthusiasm

5.Improved Time and Territory Efficiency

Term
A Successful salesperson
Definition
is linked to a positive attitude
Term
Turnover
Definition
turnover= # of people who leave/ avg. sixe of the sales team
Term
How do you plan for sales training?
Definition

1.Assess Sales Training Needs (training needs analysis)

2.Set Objectives for the training

3.Set a Training Budget

Term
training needs analysis
Definition
determining where problems or opportunities exist and whether training is the best way to address them
Term
What are 4 ways to asses sales training needs (training needs analysis)?
Definition

1.Review firms strategic objections-training needs usualy result from changes

2.Oberserve and Survey Salespeople

3.Get Information from customers-generally this feedback is more effective for the saleteam then manager feedback

4.Use Company Records-cross tabulation

 

*whenever possible used as more sources of information as you can and always cross validate info

Term
cross-tabulation
Definition
-examining performance from certain sales force characteristics such as experience, location, specialization
Term
When Planning Sales Training Objectives should...
Definition

be put in writing

specific and measurable

have management commitment

Term
One of the major resons why training fails to produce meaningful results
Definition
lack of management commitment
Term
Factors which affects training budget
Definition

new employees or vets?

objectives

loctation of training

number of trainees

-the more technical the product the longer training takes

Term
Sales Training Topics
Definition

1.Products

2.Purpose of the training

3.teamwork

4.selling skills

5.customer/market information

6.compay orieentation

7.technology-based selling skills (SFA)

8. & more!

Term
cognitive selling scripts
Definition

sellings skills acquires from remembered experiences

form of expert knowledge

Term
declarative selling scripts
Definition
the abilitiy of a salesperson to recognize a selling situation that requires a special approach
Term
procedureal cognitive selling scripts
Definition
knowing the processes and behaviors needed to achieve successful conclusion to a particular sales situatopm
Term
if-then contingencies
Definition

successful sellers have more of these

*the amount of info is not as important as your ability to retrive info when needed

Term
selling skills topic for training
Definition
should be taught over a long period of time
Term
SFA
Definition

provides company-wide access to customer information that was previously in the sole possession of the salesperson

*should highlight why where and who to convience salespeople to use SFA

Term
3 components of Time and Territory management
Definition

1.Admin

2.Service

3.Selling

Term
centralized training
Definition

members brought to one location

advantages:

efficient

consistent quality

improved communicationa/coordination

exposure to top management

disavanatages: costly and time consuming

Term
decentralized training
Definition

in the regional field offices

advanatages

closer to the customer

direct involves sales force management

real life situations

reduces costs

disadvanatges

not enough time to trian

managers more concerned with revenues then training

Term
OTJ training
Definition

on-the job or field training

*most widely used type of training for new recruits

you learn from experiences

OTJ is not a reliable source of training if it is the only source of training

costly mistkaes

training is uneven

*a combination of OTJ training and planned training is the best

Term
3 Training Methods
Definition

1. Role Playing

2.CDs, podcasts, audiotapes

3. Internet

Term
Role Playing training
Definition

common

simulated sales presentation

good for reinforcing information and testing to see if people apply it

can be stressful--reduce this by emphasizing positive points after the pitch

Term
CD/Podcast/Audiotape training
Definition

high exposure at a low cost

hard to keep peoples attention

Term
Internet training
Definition

flexible, accesable, available, low cost

start up/learning costs can be high

not as effective as teachers

no feedback

Term
Optimal combination of training?
Definition
80% online 20% classroom
Term
3 types of trainers
Definition

1.Staff specialists

2.Outside specialists

3.Line executives

Term
Staff specialist trainers
Definition
teachers or expert of the methods that meet company goals
Term
Outside Specialist trainers
Definition

fairly common

provide variety/excitement

unfamilar with selling situation in the company

Term
Line Executive Trainers
Definition

-sales managers and top sales performers

-credible and respected

-allows managers to become better aquainted with the sales force

-recruits more likely to put there ideas to practice if they are trained by line executives

-may be bad communicators

-limited training time

Term
Kirkpatricks 4 stage framework to evaluate sales training
Definition

Level 1: Reactions of trainees-has little correlation with peformance

Level 2: Learning-the aquisition and rention of the knowldge, generally results in changes of attitude

Level 3: Behavior-did sales people modify their job-releated behavior due to training (tests)

Level 4: Results-measurable extent to which training programs reached the objectives (use control group when testing)

Term
Biggest mistake of training
Definition

Not following up with the training!

 

*if training is not reinforced 82% of skills will be lost

 

*training is most successful when it given in intervals throughout the year

Term
How to avoid sales training issues
Definition

1. Give salespeople realistic understandings of promotional chances

2.Give them opportunities to develop new skills within their present job

3.Recognize vets

4.Be aware of salespeople who have the skills to advance

5.Design programs to develop people for the next level

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