Supercharge Your sales team with Neuroscience Based Sales Training
This is a problem that sales managers
have been trying to solve since the dawn of business. You can almost imagine a
merchant circa 1300 lamenting to a friend, "What stops my traders from
calling on the bigger kingdoms and getting higher prices is beyond me!"
This exact conversation is going on right now in the offices of sales managers
and company presidents all around the globe. The commodity may have changed but
the essence of the conversation is the same. What stops my salespeople from
attaining the results I know they are capable of?
According to David Stein, the CEO of ES
research group, an analyst firm focused on the sales training industry,
"American businesses spend over $7B a year in sales training and yet the
failure rate is over 80%." ES Research's data shows that sales training
has a motivational effect that fades with time. Stein explains, "Most
salespeople revert back to their original production level within 80 days
unless there is some sort of intervention that reinforces the training."
There are many approaches to solving this
problem, most of which don't work:
Reward success: Vacations, money, and public recognition work for some. For others
there is little or no motivational value. Beyond that, there is ample research
that says rewards start losing their effectiveness the more you use them.
Punish failure: This can be a great motivator for certain people, but overall it has a
detrimental effect on the morale of the sales organization. And once again its
effectiveness tapers off with repeated use.
Upgrade selling skills: The sales manager or a hired gun comes in and teaches the sales team
sales skills that they usually already know. On occasion something new is
delivered that makes a difference. Sales Coaching does deliver a boost
in sales. Unfortunately, sales usually slide back to the normal level all too
quickly.
Motivation:
An impassioned speech from the CEO or a flavor of the month speaker can get the
entire sales team fired up and ready to take on the world. Salespeople can
usually maintain the fervor for days, sometimes for weeks, but eventually their
fantasy collides with the reality. And the motivation fizzles out.
External Motivation is Short-lived - Internal Motivation is Permanent
One of the key elements of sales training
is its motivational effect. There are two types of motivation; external
motivation, which is transitory, and internal motivation, which stays with you
no matter what. Unfortunately, sales training delivers external motivation.
It's no wonder that the "high" from a great sales trainer often fizzles
out quickly. Furthermore, relying on external motivation means businesses
constantly have to invest in ongoing sales training just to keep pace.
The key driver that determines sales
success
Most sales professionals intrinsically
know there has to be something more than traditional sales training. If we
knew what the missing element was, we could transform training from just a
motivational experience with short-term gains into one that provides a
permanent change that delivers improved results.
Salespeople as a group are notoriously
difficult to study because there is such a wide array of sales methodologies.
It's like comparing apples and oranges. Even if a company standardizes on a
particular sales methodology, an objective study is still challenging because
the individual salespeople feel more comfortable reverting back to their native
sales techniques. This creates a mishmash of techniques within a company.
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