Only 6% of CSOs say they are extremely confident about their team’s ability to meet or exceed revenue growth goals.1
Sales has become a difficult game.
Customer expectations are shifting and becoming more complex, single channel no longer works as we witness a rapid transition to hybrid selling, and the great attrition isn't making it easy for organizations to retain their top talents.
Investing in employee development helps to build capabilities that drive financial returns, but it also shows employees that their development and advancement matter and they are essential to the company’s future.
So how can companies establish a sales enablement strategy that will help reps close more deals and drive revenue?
Read on to learn more!
Sales enablement is a simple concept that boils down to one specific intention: train sales reps to sell.
Sales teams are constantly in a battle to win clients, close deals, and hit quotas. But the state of sales is evolving at a rapid rate.
Nearly 70% of sales professionals say that selling is harder now than before the pandemic.
Today, to win these battles and reach new goals, reps need to be equipped with the necessary resources to achieve their success.
These resources may include tools, technology, training, content, or actionable strategies to sell the product or service to customers.
Effective sales enablement functions provide targeted resources and supportive tools that streamline the sales process and alleviate the sales team's workload. This results in higher conversion rates.
With selling being harder now than it ever has been, influenced by a multitude of global disruptions, sales enablement provides the impetus for sales teams, regardless of region or industry, to be equipped with the resources and skills needed to close more deals and drive revenue.
That's why organizations globally are investing in developing their sales enablement initiatives - data shows a 300% increase in people on Linkedin with sales enablement in their job titles since 2015, and momentum is only forecasted to increase.
So how do organizations build a sales enablement strategy that will help their sales reps close more deals and drive revenue?
In no particular order, these are some essential principles of a successful sales enablement strategy:
Attempting to develop a sales enablement program for a business that doesn't match the buying preferences of its prospects is akin to purchasing flood insurance for a house that is already submerged.
It is unlikely to yield positive results.
Therefore, before embarking on the creation of a robust sales enablement function, it is crucial for the organization to ensure that its selling process aligns with the conversion path.
It may help to ask yourself these questions:
With the advent of artificial intelligence, technology has enabled new possibilities in all sectors, and the potential of AI is starting to be realized in sales training and coaching as well.
What was once considered impossible is now a reality - algorithms and machine learning allow sales reps to receive personalized feedback on their training, and their learning is completely tailored to their needs.
Furthermore, scalability and accessibility are no longer a question with AI coaching platforms.
“The future of sales training and coaching technology delivers scale and effectiveness,” -
Melissa Hilbert, Senior Director Analyst, Gartner
“To date, sales leaders have focused on improving internal processes to support sales enablement through better in-person training, coaching and optimized content distribution,” says Melissa Hilbert, Senior Director Analyst, Gartner.
“But the future of sales training and coaching technology will upend the experience as we know it.”
| Traditional Sales Enablement | Sales Enablement of the Future |
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These are some must-have sales enablement content pieces that every sales team needs at all times:
With Retorio, companies around the world are advancing beyond traditional sales enablement strategies to drive sustainable learning and equip their sales teams to navigate through the hurdles and changes of today's volatile economic landscape.
Retorio is now setting up sales teams for many large companies, also globally, and its focus is expanding to include not only small and medium-sized companies but also more prominent corporations. Twelve well-known large companies, including some from the DAX, are currently among the customers.
Want to see how Retorio's AI coaching platform could help your sales enablement efforts take off?
A sales enablement manager is responsible for deploying programs and initiatives that enable sales teams to execute the core aspects of their jobs more effectively, especially as it relates to selling and revenue performance. This includes creating and implementing sales enablement programs that provide sales representatives with the tools, resources, and training they need to be effective in their roles.
Sales enablement managers work closely with other departments, usually marketing, product management, and customer success teams to ensure that the sales team has access to the most up-to-date information, content, and messaging.
They also work to develop and refine the sales process to align with the buyer's journey, ensuring that sales representatives can engage and guide potential customers effectively.
Sales enablement software is a suite of tools and technologies designed to equip sales teams with the knowledge, skills, and resources they need to succeed.
These tools can provide salespeople with insights on customer trends, guide them through the sales pipeline, and provide them with valuable data-driven insights into their performance.
By using sales enablement software, you can give your team an edge in the increasingly competitive selling landscape.
Sales enablement software can also help you identify areas of potential improvement and streamline processes to save time and money. Ultimately, sales enablement software helps your team become better equipped to reach their goals.