Sales Management Best Practices
The course emphasizes effective sales management techniques, ensuring that participants not only learn how to design winning sales strategies but also gain the leadership and team-building skills needed to improve sales performance across the board.
Sales Management Best Practices objrctives:
By the end of this course, participants will be able to:
- Design and implement effective sales strategies, organizing sales territories to maximize coverage and efficiency.
- Utilize various forecasting models to predict and optimize sales results.
- Evaluate and train sales teams to boost productivity and drive profitability.
- Enhance leadership and team-building skills to improve overall sales performance and employee retention.
- Conduct comprehensive sales performance reviews using proven evaluation models to ensure continuous improvement.
Who Should Attend:
This training program is ideal for:
- Sales Managers
- Newly appointed Sales Managers
- Sales staff preparing for future Sales Manager roles
Course Outline:
Day 1: Sales Management & the Marketing Mix
- Introduction to sales management and its role in business success.
- Understanding the marketing mix and the role of personal selling.
- Identifying the sales competency model and common sales management mistakes.
- Planning, strategy, and organization of sales efforts:
- SWOT analysis for assessing strengths, weaknesses, opportunities, and threats.
- Creating sales strategies based on market analysis.
- Effective sales forecasting techniques.
- Organizing the sales force:
- Designing and managing sales territories.
- Key account management and account analysis best practices.
Day 2: The Sales Cycle & Process
- Tracking daily activities of salespeople for accuracy and efficiency.
- Record keeping and analyzing closing ratios for improvement.
- Steps in the sales process:
- Prospecting for new customers.
- Preparation and approach.
- Presentation, handling objections, and closing the sale.
- Follow-up strategies for sustained customer engagement.
Day 3: Sales Process Management
- Understanding the psychology of the buyer and influencing purchasing decisions.
- Identifying the characteristics of successful salespeople and applying them to the team.
- Defining the components of the sales process and introducing the ASAP (As Soon As Possible) selling technique.
- Building a customer-driven salesforce and adapting to changing sales strategies.
- Recruitment, training, and coaching sales teams:
- Effective recruitment strategies.
- Training and field training for skill development.
Day 4: Team Leadership & Motivation
- Understanding the team development cycle and identifying team roles, strengths, and weaknesses.
- Coaching salespeople to peak performance using leadership principles.
- Applying situational leadership to adapt to different team needs.
- Motivation techniques to keep the sales team engaged and driven.
- Developing a customized motivational mix for optimal performance.
Day 5: Sales Performance Management
- The importance of setting performance standards and their implementation.
- Qualitative and quantitative measures of sales performance.
- Developing a sales evaluation system for actionable insights.
- Utilizing sales evaluation models to measure success and identify areas for improvement.