A Company That Strives For Developing Salespeople
They have a Structured Training Program for all new hires. There is a body of knowledge they would need to acquire. There are skills and processes they would need to master. And there are benchmarks along the way that would measure their progress. This program would teach
important practices including:
- Developing territory plans
- Planning for sales calls
- Strategic planning for account penetration
- Relationship building
- Prospecting and cold calling
- Making appointments
- Collecting information
- Maintaining good records
- Getting organized
- Making persuasive presentations
- Gaining commitment
- Implementing customer’s decision
- Following up to assure satisfaction
- Penetrating key accounts
A Minimum Level of Competency Attained
The salesperson would then continually improve on their skills by investing time and energy in getting better at the job. Required monthly or quarterly “learning experiences” to continue education are then, a regular practice.
- A Learning Experience May Include:
- Classes at the local university
- Audio or video training programs
- Continuous improvement programs
- Checking a book out of the company‘s library, then sharing a list of good ideas at the next sales meeting
- Holding regular developmental sales meetings in which you focused on a specific behavior or practice
At some point in the development of a salesperson, they will likely look for additional career challenges. When that happens, the focus of development should be on providing the salesperson with opportunities to expand their competency into areas that can be of assistance to the company (in areas other than sales).
Some salespeople will want to focus on training or coaching others, for example. They can be channeled into learning how to coach. Others may want to expand into management and should be encouraged to begin gaining management skills and practices. Still, others may want to pursue team leadership.
A comprehensive development system then should account for three things:
- Learning the Basic “principles, processes, and tools” for effective selling
- Continuous Improvement in the “sophisticated practices of highly effective salespeople”
- Opportunities to Expand in “complementary careers” and learn the skills necessary to do so
How will this help you retain and attract good salespeople, motivate the ones you have, and improve the productivity of the entire group?
Which would you want to work for? A company that doesn’t invest anything in developing salespeople, or one that has a regular, formal, and systematic approach such as the one I described above? Silly question.
Imagine Yourself interviewing a prospective salesperson, before and after you’ve implemented the system described above. Before, you say to your candidate, “We expect you to learn on the job.” After, you say, “We have a structured training program to assure that you master the basic practices that will ensure your success. Then, when you’ve mastered those, we have a system to stimulate your
continuous career growth so that you are always growing better at your job, Finally, we have a system to help you expand your knowledge and skills into complementary areas like sales management, team leadership, and so on if you are so inclined.”
Everything else being equal, which company would you rather work for? That’s how a development program will help you attract the right kind of people. Clearly, the same is true of your current sales force.
Begin to Require Continuous Improvement
And then, provide the means for them to do so. Invest in them, and you’ll be surprised at how loyal they become.
When all your salespeople know that constant and measurable improvement is required, most of them will begin to work on that. And you’ll begin to see the result in increased sales and gross profits.
Training and development like we’re talking about can be one of your best investments. If only one salesperson acquires only one new account because of your investment in their development, it’s likely that one new account will more than pay for a year’s worth of development costs by itself.
Moving in the Right Direction
The Budget for Developing Salespeople
As simple as it may seem, this one step will be a major one. Once you have a budget, you’ll find it much easier to actually spend that money. The decision will not be “if” but rather “how.” Also, by budgeting money for development and then letting your managers know, you will have sent a powerful message that you are serious about it and willing to invest some of the company’s resources in
it.
How Much to Invest in Developing Salespeople?
There are some benchmarks available. The Facing the Forces of Change 2000 study found that high-performing wholesale distributors spent about 2.5% of payroll on training. And an ASTD member survey found that their member companies averaged 3.2% of payroll on training. Since training is a smaller issue than development, and since salespeople can generally benefit the company more than drivers, warehouse
workers, and production personnel, I’d suggest a bit higher number. I like to see 5% of payroll invested in the continuous development of the sales team.
Individual Plans for Developing Salespeople
Have your sales managers create individual development plans with each salesperson. It is common practice for sales managers to hold annual goal-setting meetings with their charges in which performance goals are identified. That’s a great opportunity to create annual development goals and strategies at the same time. Doing so lets everyone know that continuous development is a requirement of the
job.
Regularly generate learning opportunities. Learning opportunities are events at which salespeople are exposed to new ideas, or reminded of good practices. They can encompass a wide range of possibilities like the aforementioned. The point is that you generate learning opportunities on a regular basis, and require your salespeople to take part in them.
While not everyone will gain the same thing from each event, over time they’ll understand that you are serious about their growth and that their continuous development is your priority and their responsibility.