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How to Maximize Sales by Changing Your Product/Service Training Focus
Maximizing account penetration is one of the most critical functions in sales. Why? The depth of account penetration has an enormous impact on revenues and profitability. Think about it - if every one of your company's salespeople sold every product and service in their portfolio to every business unit, department, and division of every account, what kind of number would they produce? Something huge, right? From a sales management perspective, few things are more frustrating than having a bunch of "one trick ponies" on a sales team. These are salespeople that have developed a comfort level with one product or service, and that product or service makes up 80% to 100% of their sales. I used to work for a computer distributor that had numerous salespeople that fit this mold. They would congratulate themselves for selling servers to an account, completely oblivious to the fact that the very same account was also buying storage, networking equipment, software, and professional services. The distributor's salespeople only scratched the surface of the total available opportunity in most accounts.
When your company introduces a new product or service, you make a pretty sizeable investment to train your salespeople to sell the new product or service, right? Doesn't it drive you crazy when only a fraction of your salespeople actually sell the new product or service? The return on your sales training investment stinks, and your company never sees the revenue boost it expected to receive from the new product or service. Why do I bring up lack of account penetration and lack of sales traction for new products and services in the same article? Because the same problem is often at the root of both issues! That problem is an excessive focus on technical details. Many managers and salespeople believe that salespeople need to become experts in order to sell a product or service effectively. To develop this understanding, companies invest enormous amounts of time and money in exhaustive training to educate salespeople on product features and benefits, performance characteristics, industry information, pricing guidelines, promotional activities, available collateral material, etc. Unfortunately, when salespeople leave these training sessions, they often have no idea how to find or qualify opportunities for the product or service they were just "trained" to sell! This leaves the salespeople frustrated, as they feel the time spent in training was wasted. Management is equally frustrated with their sales team's inability to gain traction with new products and services, and their inability to learn to sell their company's entire portfolio of products and services. This mutual frustration results from a lack of recognition of one very important fact:
These resources may include technical or other specialists from the salesperson's own company, or similar resources that are employed by suppliers or channel partners. If salespeople have access to product/service experts, why should they spend time learning technical details? Instead, why don't they laser-focus their learning on how to find and qualify opportunities? Your company can facilitate this kind of focused learning by redesigning product and service training curriculums to address the following topics:
This information can be consolidated into a standardized format called a Get Dangerous Quickly™ training document. You can view a sample Get Dangerous Quickly™ document (PDF file) by clicking here. Or, you can download an editable Get Dangerous Quickly™ document from this website's Download Library. If your salespeople have access to product/service experts, you can turn them into prospecting and qualifying machines by focusing your company's product/service training curriculums on how to find and qualify opportunities. This strategy will help your organization maximize account penetration and jump-start sales for new products and services.
Sales performance expert Alan Rigg is the author of How to Beat the 80/20 Rule in Sales Team Performance, and the companion book, How to Beat the 80/20 Rule in Selling. His 80/20 Selling System™ helps business owners, executives and managers end the frustration of 80/20 sales team performance, where 20% of salespeople produce 80% of sales. For more information and more FREE sales and sales management tips, visit http://www.8020sales.com. NOTE: You are welcome to reprint this article as long as it remains complete and unaltered (including the "About the Author" information at the end), and you send a copy of your reprint to .
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