Your comments.
I agreed to most of the points. Now, Mr. Leo, I am again confused. These terms sound good, and I wish I could propose most of them to the management, but I have to give facts about what could be the ROI's for these trainings.
Because salespeople are most of the time out of the office, far from head offices, multilocation, so doesn't these training hamper their daily training.
Actually, these sales and marketing people in my company have worked and are working only and only sales. I found that things like trainings and retrainings are hardly a matter of their concerns, and everybody, be it a junior or a senior, is running after increasing sales and business.
So, firstly analyzing the need for training and then the process, not hamper it. Then what should I do to make management turn their attention towards this...
Here I would like to tell that I have recently joined this company and am the only person in HR. Secondly, my company is going for mass expansion. So recruitment is also going on...
Your situation is not unique. In a number of companies, when sales are surging fast forward, training is the last thing they think about.
But the current sales achievements could be due to a number of factors:
- Growth in demand, outstripping supply
- New customers coming into the market
- New products
- New applications
- New market segment appearance
- etc.
There are many reasons why sales are booming.
It is also possible your company could be spilling more than it is drinking due to a lack of sales competence.
My suggestion at this junction:
- Focus on the new entrants
- Provide sound induction, which includes training in sales, tuned to your company's product/markets.
Then, you have to find out the weak links in the sales team. For this, you should do a quick needs analysis.
First, sit down with your sales manager (national or all-India sales manager) and discuss the needs as seen by him:
- What is the market size?
- What is your company's share (market share)?
- What market segments are we strong in, and why?
- What market segments are we weak in, and why?
- What is the market growth rate?
- What is your sales growth rate?
- What is the nature of competition?
- How do we stand against the competition?
- How do we gain new customers?
- How good are we in prospecting?
- Do we have a prospecting system?
- How do we rate our salespeople in prospecting?
- How do we rate our salespeople in market knowledge?
- How do we rate our salespeople in competition knowledge?
- How do we rate our salespeople in product knowledge?
- How do we rate our salespeople in sales introduction?
- How do we rate our salespeople in sales approach?
- How do we rate our salespeople in determining customer needs?
- How do we rate our salespeople in probing questions?
- How do we rate our salespeople in locating product applications?
- How do we rate our salespeople in advocating our products?
- How do we rate our salespeople in selling benefits of our products?
- How do we rate our salespeople in motivating customers?
- How do we rate our salespeople in managing objections from customers?
- How do we rate our salespeople in closing sales?
- How do we rate our salespeople in managing KEY CUSTOMERS?
- How do we rate our salespeople in managing MAJOR CUSTOMERS?
- How do we rate our salespeople in managing regular customers?
- How do we rate our salespeople in customer servicing?
- How do we rate our salespeople in sales planning?
- How do we rate our salespeople in territory planning?
- How do we rate our salespeople in customer profiling?
- How do we rate our salespeople in developing/implementing sales strategies for the territory?
- How do we rate our salespeople in developing/implementing sales strategies for individual customers?
- How do we rate our salespeople in negotiation skills?
- How do we rate our salespeople in relationship marketing?
- How do we rate our salespeople in business partnering?
- etc.
As you discuss/analyze his replies, you would see a few rings of gaps appearing, which are the real/perceived needs.
Based on the above discussion and with the sales manager's approval, design a needs analysis questionnaire for the sales team. The inputs from the team/sales manager could be the first starting point for determining the sales training needs.
Here you may use some of the headings I have provided you.
Because of the good sales position, you need not rush for a sales training program but prepare the ground for sales training.
Now to your question of 'ROI':
This could include outcomes such as:
- Improvements in market knowledge
- Improvements in customer penetration
- Improved customer retention
- Improved customer relations
- Quality selling
- Incremental sales volume in units
- Incremental sales in rupees
- Improvements in gross margins/total sales ratio.
These 'ROI' can be worked out if you are sensitive to the market/sales situation.
I have another suggestion:
- Spend a couple of days with salespeople in the field, locally.
- At least two reps, randomly selected.
- See exactly what/how they are performing.
This would give you a good insight into what they perform.
I am suggesting this because I carry this out with everyone of the trainings I have conducted. It helps to build your credibility too.
Regards,
LEO LINGHAM