This sales course goes far beyond the transfer of information by enhancing core competencies in both functional and interpersonal areas. Its main purpose is to drive significant improvement in sales force performance by addressing the selling skills, communication practices and the ability to adapt different selling styles to meet customers’ requirements. It also focuses on empowering salespeople to progress from transaction focused selling to true consultative selling, thus transforming the sales relationship into a collaboration focused business partnership that produces dramatic, long term and measurable sales results.
Course Methodology
The course employs a variety of exercises, case studies, concepts, and related videos to enhance learning. Participants will be working in groups to brainstorm to find practical recommendations and solutions to given selling scenarios and find the most suitable and applicable practices to their individual cases.
Course Objectives
By the end of the course, participants will be able to:
Identify the changing strategic and operational demands on the sales function and enhance required knowledge and skills
Devise sales strategies based on the understanding of the different selling modes to manage and suit the customers’ buying process
Follow various forecasting models to better handle internal and external customers’ expectations
Apply the top thirteen negotiation tactics after mastering them to handle difficult sales negotiations
Use Key Performance Indicators (KPIs) and balanced scorecards to monitor sales growth and performance
Manage and control the customer’s life cycle for better retention and loyalty purposes
Target Audience
Sales reps, sales supervisors and managers, and account managers who would like to master tactics, selling modes, and sales performance issues that are the foundation of successful modern selling. The course is also beneficial for people who are involved in commercial activities at all levels of the organization.
Target Competencies
Assessing sales force strengths and weaknesses
Solution Selling
Added-value selling
Forecasting
Sales planning
Handling difficult sales negotiations
Writing business proposals
Course Outline
Selling in the new millennium
The new selling landscape
Evolution of personal selling
The new sales competencies
The new sales rep profiles
The root causes of sales problems
Future trends in selling
Personal selling profile
Emerging selling modes
It is not what you sell, it is how you sell
Mastering the selling process (a value based approach)
The anatomy of different emerging selling modes:
Transactional selling
Consultative selling
Enterprise selling
Solution selling
Cross-selling and up-selling techniques
Workshop: consolidating selling best practices
Sales planning and forecasting
The importance of setting a sales plan
The components of a sales plan
Sales forecasting guiding principles
The importance of qualitative and quantitative data
Sales forecasting techniques:
The extreme points method
The least square method
The moving average method
Workshop: writing an effective sales plan
Breakthrough sales negotiation
Negotiation versus persuasion
The critical rules of negotiation
Preparing the 'negotiation envelope' and mastering the 'rule of halves'
Concession management
Negotiation tactics
Workshop: preparing a full negotiation planning template
Monitoring sales performance and growth
Setting sales metrics and KPIs
Aligning the sales plan with KPIs
Using a balanced scorecard to monitor performance
Workshop: preparing your own balanced scorecard
Managing the customer life cycle and retention
Understanding the customer life cycle and calculating its value
The importance of learning different buyer behaviors
How to deal with buyer behavior styles
A roadmap for building customer loyalty and retention