On an individual level, sales training can boost sales representatives’ performance by an average of 20%.+
That is why sales managers are investing an estimated $70 billion in training per year into their sales team.
Sales coaching is an important part of any successful business strategy and can have a major impact on employee churn rates, training results, and overall sales team performance.
Today as technology continues to be a primary catalyst for change in the world, sales leaders must adapt to new norms and be ahead of the curve when it comes to adopting new technologies in order to succeed in the progressively digital world.
In fact, according to the LinkedIn Workplace Learning Report 2022, reskilling and upskilling is the top concern in L&D departments.
In this sales coaching examples guide, we'll discuss what sales coaching programs are, the benefits of sales coaching, different types of sales coaching programs, how to measure sales coaching effectiveness, as well as some helpful sales training tools that can be used to make sure your sales process will help reps succeed.
Are you a Learning and Development (L&D) professional or sales manager looking for effective sales coaching examples to help your sales team reach their goals faster?
If so, then this sales coaching tips guide is the perfect resource for you!
Sales coaching is an essential part of running a successful business. It helps to ensure that sales representatives have the skills and knowledge required to succeed in their roles and provide high-quality customer service.
Sales coaching helps teach employees techniques such as goal setting, problem-solving, communication, and more. With the right training, sales representatives can become more motivated, increase productivity, and increase sales.
There are several different types of sales coaching techniques that can be used to help your sales teams reach their goals, with various different platforms to help them achieve this effectively.
Sales coaching involves influencing your team members’ thinking, which, in turn, improves their sales behaviors and results in greater sales. It’s a cause-effect dynamic.
- Peri Shawn, author and founder of Coaching and Sales Institute
Sales reps often face a challenging task when it comes to closing deals. Despite their best efforts, they often feel that they don't have the necessary skills or confidence to be successful.
Picture this... you are a sales rep, but you don’t feel prepared for the daunting task of closing deals. You’ve heard your colleagues discussing their successes and failures in the office, but you never had the opportunity to learn from their experiences.
As buyers' demands become more complex and scrutiny of price increases, every day feels like an uphill battle as you try to close deals with prospects that you don’t feel confident about.
...and to add fuel to the fire, your company hasn't established an ongoing sales coaching program, so you haven't had any coaching sessions.
Unfortunately, this is a reality for many sales reps globally today.
That’s exactly why sales coaching is crucial.
By providing ongoing guidance and development for your reps, you can help them develop the skills and mindset necessary to close deals more effectively and efficiently. Through role-playing and situational-based exercises, goal setting/tracking, feedback loops, practice/review
When organizations establish an effective sales coaching strategery for their sales reps, they will see:
One-on-one sales coaching is one of the most traditional forms of sales coaching. This type of sales coaching is a type of individualized feedback and guidance given to members of the sales team in order to help them develop their skills and reach their goals.
One-on-one sales coaching can be undertaken by managers, colleagues, or even external consultants; however, it's typically seen as a highly valuable method of helping salespeople to develop their skills, increase their confidence, and reach new heights in their performance.
Group training sessions are a great way to provide sales coaching to the whole team.
By combining an overview of important topics with hands-on exercises and activities, your staff can gain valuable insights into their own performance as well as take away tips from their peers.
With group training sessions, members of the sales team can benefit from hearing each others' experiences and can learn how to apply these lessons in their own roles. Furthermore, group training sessions can help managers better identify and address any issues that the team may have collectively.
Digital is the wave of the future. As selling has become hybrid, sales training has to embody flexibility too - and to be available when and where sales reps are, many managers are drawing on online solutions for training.
Online learning platforms are web-based programs that allow organizations to provide training and development to their sales reps. Organizations can use these platforms to deliver video and audio lessons, as well as quizzes and tests. This allows employees to learn at their own pace from anywhere in the world. With online courses, sales teams can access the latest industry knowledge and have a consistent, repeatable training process.
Digital learning platforms such as Udemy or Coursera can help sales teams learn new skills and stay up-to-date on the latest trends in the industry from a distance.
Despite their benefits, such as allowing sales reps to access training from anywhere, the lack of interaction between the trainer and the learner can make the learning experience less engaging, leading to decreased knowledge retention.
AI sales coaching platforms are rapidly becoming popular in the sales world as they can offer a mix-and-match of different learning modalities that includes live and real-time, on-demand, mobile-first learning, interactive experiences, and more.
These platforms are designed to analyze conversations between reps and buyers for insights on how to improve performance. AI-driven guidance systems can provide reps with real-time feedback during conversations and suggest strategies to help close more deals.
Retorio, is a startup that provides AI-powered sales coaching to companies globally already. It analyzes conversations, assesses the individual sales reps' approach, and suggests strategies to help them close more sales. Retorio's AI platform can provide insights on how to improve conversation skills such as tone, body language, and pacing.
Knowing what sales coaching tools are out there and how they can be effectively utilized is an important part of every successful L&D strategy.
Below are some of the most popular sales coaching tools that many sales leaders today are considering for their sales process:
| Salesforce’s Quip | An online collaborative workspace built for teams to share documents, track progress, and make decisions together. |
| SalesHood | An online platform designed to help sales teams learn, practice, and accelerate their performance. |
| SAVO | A sales enablement platform that provides content management, coaching tools, analytics, assessments, and more. |
| Chorus | An artificial intelligence-driven coaching system that offers personalized guidance to sales reps and provides real-time data on their performance. |
By understanding the various examples of sales coaching tools, sales leaders and L&D professionals can better equip themselves with the knowledge and tools needed to develop an effective sales coaching program for their business.
AI-based tools can provide more detailed insights into each individual's performance and suggest targeted coaching strategies to help them improve their performance. For example, AI-based sales coaching platforms can track specific actions such as emails, calls, or other activities and provide feedback on areas that need further improvement.
Furthermore, it's also important to consider soft skills training when it comes to sales coaching.
Soft skills such as communication, problem-solving, customer service, and time management are all key components of effective salesmanship and can make a big difference in terms of performance outcomes. Virtual reality is becoming popular as a tool for soft skills training, allowing sales teams to practice and hone their skills in realistic environments.
Don't want your sales teams to fall behind on their training? Click on the button below to see what AI can do to unleash your sales reps' full potential!!
What is the use of investing in sales training when you don't know whether it is improving your sales team's performance?
When sales reps train using Retorio's Behavioral Intelligence Platform, they can practice client conversations in immersive video simulations.
An AI provides objective feedback by analyzing the behavior of the trainees during the given scenarios. The AI analyzes facial expressions, speech speed, clarity, and voice, as well as what is being said, allowing sales representatives to find out how customers are perceiving them.
Trainees are then able to repeat training based on feedback until they are satisfied with their performance or continue with appropriate further training.
By implementing the right tools and strategies, organizations can ensure better performance outcomes for their sales team and maximize their return on investment. Knowing what types of sales coaching are available and being able to measure progress is essential in helping L&D professionals create a successful sales coaching program.
Good sales coaching should be tailored to the individual sales rep, focusing on their strengths and weaknesses. Successful sales coaching is interactive, using questions and activities to help drive understanding of topics. It’s also important that the sales coach has up-to-date knowledge of the company’s products and processes, as well as a comprehensive understanding of the sales cycle.
Good coaching should also provide guidance on how to handle difficult customer scenarios and offer advice on how to effectively close deals. By following these principles, organizations can ensure that every sales rep is well-equipped with the skills needed to succeed in their roles.
In a rapidly changing workplace and volatile economic landscape, sales training needs to be consistent and continuous to remain relevant and in demand.
This is why sales managers are more and more turning towards sales training solutions that are available for their entire team, anywhere and everywhere. This way, sales managers can make sure their reps are training their skills consistently.