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The importance of reinforcement in sales training

By June 2, 2014June 11th, 2024No Comments

As the foundation for any good workforce, employers need to invest in training for their sales staff. Training not only helps employees navigate the ins and outs of the office but also reinforces the company’s values and objectives. Companies should ensure their training sticks from day one to increase their chances for revenue growth and build their number of star workers. To track the success of their training  and reinforcement programs, companies may want to implement software for sales effectiveness metrics.

When sales managers and representatives were asked about training in a survey, many respondents said reinforcement was important in making sure training gets through to workers, according to the Association for Talent Development.

Here are tips for how to reinforce employee training:

Talk about important topics. When going through training, new employees often have to juggle new information that could be hard to follow and apply immediately. Companies may want to use training reinforcement to support and reiterate the concepts talked about during training and make sure employees strengthen their skills.

Make sure to discuss pain points. While training, managers may gloss over what customers need and how reps can best approach them to make the sale. However, post-training, employers may also want to review the products employees will sell to make sure they hit all the customers’ pain points.

Go over expectations again. In addition to repeating key concepts needed to make the sale and turn leads into customers, employers know their sales reps fully understand what is expected of them. Companies may want to make sure employees know what their sales quotas are and how they will be rewarded for hitting them. To improve motivation and sales in the process, companies may want to implement an incentive compensation program to boost employee engagement and meet their business objectives.

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Ballast Point Ventures is a later-stage venture capital fund established to provide expansion capital for rapidly growing, privately owned companies in diverse industries, with a particular emphasis on companies located in Florida, the Southeast, and Texas. The BPV partners have more than 70 years of combined experience investing in and building high-growth companies in a number of industries, including healthcare, business services, communications, technology, financial services, and consumer goods. BPV has $200 million under management and seeks to make equity investments ranging from $3 million to $10 million.

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Harbert Management Corporation

Harbert Management Corporation seeks to generate superior returns for their investors by identifying and investing in the most promising early growth stage companies in the Southeastern U.S. HMC seeks to capitalize on what it believes are compelling regional dynamics, such as a strong and fast-growing economy, significant research and development activities, and an established entrepreneurial community. The HMC team combines substantial investment, advisory, and operating experience with capital and networking contacts to support great entrepreneurial teams in successfully executing their growth plans. With offices in Birmingham, Alabama; Richmond, Virginia; and Gainesville, Florida, it’s well positioned to partner with entrepreneurs throughout the Southeast.

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KBH Ventures was an early investor in Iconixx Software. KBH's investment philosophy plays a significant role in the firm's successful track record. KBH believes in running businesses to be cashflow positive and profitable every month. Startups and companies in a startup mode, such as one that has been purchased in distress, are expected to generate revenue within the first six months and reach profitability within the first 12 to 18 months. KBH also only invests in or acquires companies that are in the startup phase or have less than $20 million in revenues. KBH targets technology companies that offer business-to-business services.

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