April 2018
Article
Top Sales Magazine

Effective Sales Training: What Are the Foundational Elements?

Format:Electronic

Abstract

Across industries, turnover in sales positions averages about 25–30% annually. This means that, at many firms, the equivalent of the entire sales force must be replaced and trained every four years or so. No other function has an ongoing talent management task of that magnitude. Yet, in a given year, over a third of firms do not train salespeople at all, and others budget and manage training initiatives in ways that make it difficult to determine cause and effect. This article discusses four components of effective sales training and the implications for sales trainers, sales managers, and senior leaders.