* Assume that normal practice was to sell entire season’s pack before next canning season, thus keeping inventory low…
The purpose of this project was to develop a training program for Wellbridge Clubs that focused on teaching sales staff to sell personal training (PT) packages to members, in order to increase Wellbridge sales. The training agenda was designed based on Silberman’s (2006) Active Training, in order to engage the participants in their learning process. The use of immediate learning exercises is intended to draw the participants into the process of guided note taking during the brain-friendly lectures. Through headlines and graphical associations, organized information is presented that is more easily retained. Role-playing scenarios solidify newly acquired information, and action planning provides an opportunity to prepare the participants for on-the-job application. These techniques were chosen because they provide the best option for active involvement of the participants, and thus, their attainment and retention of skill.…
The focus of the new three week training will be to teach our sales associates about sanitation standards, communication, customer service and satisfaction and networking. Each step in the new training format will help us attain overall success that will benefit the employee and our company as well. However, training alone will not offer one on one simulation. Therefore, we are implementing a mentoring program that will give employees accessibility to learn and work with mentors that have specific knowledge about interested areas for a period of six month to ensure well rounded working knowledge from key…
The purpose of this paper is to examine and discuss the training issues that are likely to be faced by the selected organization, Home Depot. Home Depot is a leading and renowned U.S based retailing company that deals with the home improvement and construction services and products. According to the given case, Home Depot is contemplating to adopt and use a team-based approach, in order to reduce the operational cost, while increasing its overall productivity. It is due to the fact that the company is facing several issues, including poor production, low customer satisfaction, etc. (Ronald & Jr, 2012). The company is intended to adopt the team-based approach, as it enables the organizations to acquire high productivity and quality, improve customer service, lower work stress, and quality of work life. In this account, it is expected that…
The net present value is based upon the discounted cash flow technique. To implement this approach find the present value of each cash flow, including the initial cash flow, discounted at the project’s cost of capital, r. Sum these discounted cash flows; this sum is defined as the project’s NPV.…
Salespeople who are well aware of the job requirements are also more satisfied with their company's sales training activities. Sales representatives should be aware of company's policies and requirements; also they need to be trained in time-management and sales route-development.…
Training of long time sales personnel – Currently, there are no programs in place which would train the long time sales personnel with the new products, new methodology and new communication systems in place. This is very crucial for our successful salespersons to adapt to the changing paradigm…
The major component of building an effective sales team is the training and mentoring used in the successful development of a highly motivated sales team. Creating the right combination of each program will provide a guide and path for each member of the team to reach his or her goals and allows the sales department to succeed in meeting or surpassing the team and organizational goals. Several steps must occur to reach this goal. First we must identify and define the training and mentoring needs of the sales department. Next the performance standard is developed for each position and the development of the method as to how the training is presented to the sales staff. With a diverse sales team it is important to choose a delivery that will be appropriate for all members. The final step will be the development and deployment of an effective evaluation and feedback system that monitors the progress of each team member. During the entire process there will be opportunities that will surface that will identify areas of improvement.…
This white paper recommends specific area training for the benefit of revolutionizing the way our agents handle customers. It was developed by Jovonni Banks of Bellevue University.…
References: • Erffmeyer, RC & Russ, KR & Hair, JF 1991, ‘Needs Assessment and Evaluation in Sales-Training Programs’, The Journal of Personal Selling and Sales Management, Vol. 11, no. 1, pp. 17-30…
Sales Force Automation is a technique of using software to automate the business tasks of sales, including order processing, contact management, information sharing, inventory monitoring and control, order tracking, customer management, sales forecast analysis and employee performance evaluation(Thomas, M.S & Michael, S.M 1996). This revolution that is sweeping through society is changing the nature of selling. For last 150 years, traditional selling process bases on the two ways communications, that is salespeople to customers, customers to salespeople. Such face-to-face selling or in-person selling can require a lot of time, energy, and expense, but the payoff can be tremendous. Despite all of the new high-tech alternatives, an in-person sales presentation is the single most powerful marketing tool in use today. National television advertising, telemarketing, e-mail, or print advertising have nowhere near the ability to motivate a particular customer to actually place an order as does face-to-face selling (David, G. H & Mckee, D 1999).…
The selling and sales team is one of the most important aspects of any modern business, but far too many companies are using outdated sales techniques to try and create new customers or make a bigger impression on their current clients. These old methods of selling were at their most popular in the eighties, when the competitive culture meant that the client's were way down the list of priorities when it came to making a good sale. As modern businesses have tried to increase the number of people using their products and services, so it has become clear that a new set of sales management skills are required for the current client.…
Assuming you already know what you want to achieve with your training investment (i.e., develop “great sales coaches”) you need to find out where you are…
price the deal assuming a second round in year 2 of $8,000,000 with a 40% return.…
Every salesperson, no matter how experienced, can benefit from both types of sales training. Learning how to sell is an ongoing process. There are always new strategies and new technologies that your team must learn in order to sell effectively.…