A sale is a 7 step process irrespective of
product or service categories. These 7 stages are sacrosanct across industries
and geographies. All marketing and sales professional have agreed on the complexities
involved on each of these 7 stages.
Organisations need to plan out an adequate
sales training methodology to support its sales force on each step of this 7
stages cycle for its own success.
The selling skills required for each of
these 7 steps vary from one another and requires a deep understanding of the
salesman’s ability and consumer behaviour.
The Sales Training catalogue also needs to
be designed on the 7 stages requirement format. Mechanisms need to be
implemented to mend the gap areas of the sales persons’ skills at each level.
Stage 1:
Prospecting – It’s basically the hunting stage of ‘Sales Cycle’. It requires
customer interaction and meetings. The salesperson needs to hunt profiles that
are looking out for a solution for their ‘pain’.
Skills
Required: Product Knowledge, Industry knowledge,
Market insights.
Recommended
Training Program: The art of cold calling, Cold
calling Techniques, Telephone etiquettes etc.
Stage 2:
Lead
Generation - In this
stage, the salesperson needs to identify prospects are willing to share their
information and details to fix their need or ‘pain’.
Skills
Required: Customer Interaction, Techniques of Need
Analysis.
Recommended
Training Program: Methods of Need Analysis, Art of
Lead Generation.
Stage 3:
Prospect
Qualification- In this stage a salesperson
needs to assess the prospect against parameters like intent, interest, ability
to pay etc.
Skills
Required: Listening skills, Assessment Skills,
Solution Mapping skills.
Recommended
Training Program: Methods of Sales Qualification
Stage 4:
Sales
Presentation: In this stage the salesperson
needs to communicate his proposals and solutions to the prospect.
Skills
Required: Product Knowledge, Competition knowledge,
Communication Skills.
Recommended
Training Program: Professional Selling Skills
Program.
Stage 5:
Objection
Handling: Every salesperson needs to go through
this unavoidable stage. Queries and objections should be taken positively and
to be addressed professionally.
Skills
Required: Communication skills, product Knowledge,
Evidence sharing skills.
Recommended
Training Program: Major Account Penetration Program
Stage 6:
Closing
the deal: It is the most important decision making
stage. With elimination at every stage, few deals come up to this level.
Skills
Required: Negotiation Skills, Communication Skills,
Relationship Skills, Product knowledge
Recommended
Training Program: Major Account Selling Skills
program.
Stage 7
Reference
Generation: An effective salesperson should not
leave the ‘sales cycle’ at stage 6. He should always try for generating
reference from his customers. A reference from existing customer is always
appreciated.
Skills
Required: Relationship Management Skills, after
sales servicing skills.
Recommended
Training Program: The techniques of Relationship
Management, Up-selling techniques.
In few of the stages ‘Off the Job’ may fit
in but in most of the 7 stages, ‘On the Job’ training should bring an ideal
outcome. The sales trainer needs to play the role of a ‘mentor’ than a
‘teacher’.
The
sales trainer should run the program on the job and need to conduct refresher
programs for the weak candidates. The training modules also require several
role plays and group activities (part of Off the Job training) before going on
for live testing.