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Your Sales Training Is Probably Lackluster. Here’s How to Fix It

Harvard Business

companies spend over $70 billion annually on training, and an average of $1,459 per salesperson — almost 20 percent more than they spend on workers in all other functions. Yet, when it comes to equipping sales teams with relevant knowledge and skills, the ROI of sales training is disappointing.

Sales 31
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Transforming from a Good to Great Coach

Rick Conlow

13 Reasons Managers Fail at Coaching Check out these thirteen reasons managers may struggle or fail at coaching: Lack of Training and Skill: Corporations promote managers based on their technical expertise or job performance but may not receive proper training in coaching skills. This means enhancing your career and team’s success.

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A Guarantee: The Most Powerful Brand for your Business

The Fearless Marketer

I’m working with a client right now who does high-end sales training. In the course of our conversations, he mentioned that 82% of his clients got a 10:1 ROI on their training investment. Instead, the home page of his site mentioned general ideas about the value of their sales training.

ROI 48
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Proposals, Part 2: The Potential Solutions

The Consultants Peer Group

Spell these out, realistically of course, and use this opportunity to allow the reader, your prospect, to focus on something positive, not Fees. The ROI on your membership fees, especially as used in the proposal stage, is fairly straightforward and positive. This is for your protection.”

Ethics 52
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The End-of-Quarter Sales Rush Costs Companies Money

Harvard Business

Ask any organization what’s happening in the sales department on the last few days of the month and the entire last week of any fiscal quarter. Sales teams are closing deals, at all costs. million sales transactions from the anonymized data of 151 U.S. But sales managers also have to take some blame.

Sales 28
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Pay your team right: A comprehensive guide to compensation

Asamby Consulting

This has to do with training, budget, infrastructure, processes and many more dimensions. Very common in sales roles, the commission is a percentage of some form of transaction that the employee gets. For a sales role, the commission might be 0.5% We won't look at that here. of the transaction volume.

ROI 40
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What is the Professional Services Industry All About?

Progressus

Professional services is an expansive space spanning several industries – consulting firms, software publishers, IT service providers, even manufacturers and distributors that offer post-sale services — each with its own set of challenges, regulations, and opportunities. We also offer change management courses for user adoption.