Term
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Definition
1.Selling requires a sophisticated knowledge
2.research shows that sales training can enhance selling effectiveness through improved relationships and greater rentrion
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Term
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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 |
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Definition
is linked to a positive attitude |
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Term
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Definition
turnover= # of people who leave/ avg. sixe of the sales team |
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Term
How do you plan for sales training? |
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Definition
1.Assess Sales Training Needs (training needs analysis)
2.Set Objectives for the training
3.Set a Training Budget |
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Term
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Definition
determining where problems or opportunities exist and whether training is the best way to address them |
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What are 4 ways to asses sales training needs (training needs analysis)? |
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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 |
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Term
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Definition
-examining performance from certain sales force characteristics such as experience, location, specialization |
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When Planning Sales Training Objectives should... |
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Definition
be put in writing
specific and measurable
have management commitment |
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One of the major resons why training fails to produce meaningful results |
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Definition
lack of management commitment |
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Factors which affects training budget |
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Definition
new employees or vets?
objectives
loctation of training
number of trainees
-the more technical the product the longer training takes |
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Term
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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! |
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Term
cognitive selling scripts |
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Definition
sellings skills acquires from remembered experiences
form of expert knowledge |
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Term
declarative selling scripts |
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Definition
the abilitiy of a salesperson to recognize a selling situation that requires a special approach |
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procedureal cognitive selling scripts |
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Definition
knowing the processes and behaviors needed to achieve successful conclusion to a particular sales situatopm |
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Term
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Definition
successful sellers have more of these
*the amount of info is not as important as your ability to retrive info when needed |
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Term
selling skills topic for training |
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Definition
should be taught over a long period of time |
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Term
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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 |
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Term
3 components of Time and Territory management |
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Definition
1.Admin
2.Service
3.Selling |
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Term
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Definition
members brought to one location
advantages:
efficient
consistent quality
improved communicationa/coordination
exposure to top management
disavanatages: costly and time consuming |
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Term
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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 |
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Term
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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 |
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Term
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Definition
1. Role Playing
2.CDs, podcasts, audiotapes
3. Internet |
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Term
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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 |
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Term
CD/Podcast/Audiotape training |
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Definition
high exposure at a low cost
hard to keep peoples attention |
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Term
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Definition
flexible, accesable, available, low cost
start up/learning costs can be high
not as effective as teachers
no feedback |
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Optimal combination of training? |
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Definition
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Term
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Definition
1.Staff specialists
2.Outside specialists
3.Line executives |
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Staff specialist trainers |
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Definition
teachers or expert of the methods that meet company goals |
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Term
Outside Specialist trainers |
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Definition
fairly common
provide variety/excitement
unfamilar with selling situation in the company |
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Term
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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 |
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Term
Kirkpatricks 4 stage framework to evaluate sales training |
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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) |
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Term
Biggest mistake of training |
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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 |
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Term
How to avoid sales training issues |
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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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