Unlocking Your Business Potential: Top Reasons to Invest in Sales and Marketing Training
by Keith Gutierrez on Mar 01, 2023
Sales and marketing are the backbones of any successful business.
They are the drivers that help organizations reach their goals and objectives by:
- Attracting and retaining customers
- Building brand awareness
- Generating revenue
Proper training is key to the success of sales and marketing teams in delivering results, so investing in sales and marketing training is essential for any organization.
In this article, we’ll cover the following:
- Why your organization should consider sales and marketing coaching
- Who on your team will be trained
- How training is typically delivered
- How you can make time for training
- What you can expect to gain in the end
Why Does My Organization Need Sales and Marketing Training?
A competent sales and marketing team is crucial to your company's success and customer connection.
To have your team trained effectively, you must:
- Provide proper training to your sales team to ensure they have the necessary knowledge and skills to adapt to answer customer questions.
- Equip them with the knowledge and abilities to stay ahead of the curve and maintain a competitive edge.
- Teach them to identify and capitalize on potential growth opportunities to help your business expand and thrive.
The more effectively trained your sales and marketing staff is, the more robust your business will become.
Increased sales lead to a higher profit margin.
Despite this, over 61% of sales professionals report that selling has become more challenging or complex than five years ago.
Training is a valuable investment that yields significant returns.
Studies show that companies can expect a return of $4.53 for every dollar spent on training, resulting in a 353% ROI.
Some reasons why you might want to consider marketing coaching for your business:
- Increase revenue: Grow your earnings through sales and marketing activities.
- Increase sales performance: Capture and win more opportunities.
- Better customer acquisition: Educated customers lead to higher sales and longer client retention.
- Better customer relationships: Well-educated customers who feel confident in a brand are more likely to be advocates and promoters of the brand. You can provide better customer service by understanding the customers' needs.
- Competitive advantage: Give your organization the skills and knowledge to compete in your industry effectively.
- Improved brand awareness: Your team can effectively promote the brand, reach new customers, and generate new opportunities.
- Enhanced customer experience: Trained sales and marketing team members can deliver better customer buying experiences and increase customer satisfaction and loyalty.
- Increase team morale: When trained sales and marketing employees are equipped with the tools they need to succeed, their confidence and motivation increase.
- Increased adaptability and future-proofing your business: Training and coaching your team to be self-sufficient with their sales and marketing toolset and your business to stay ahead of industry trends and changes.
Who Will Be Trained?
Typically, training is aimed at employees working in a company's sales and marketing departments, including individuals such as:
- Content Manager/Marketing Manager: Trained in content creation, visual asset creation, and content delivery (via the website, social, and other platforms).
- Sales Team: Trained on assignment selling, utilizing the content created by marketing to help buyers make a purchasing decision.
- Customer Service Team: Trained on identifying prospects and engagement channels. Also, how to best facilitate customer service tickets.
- Leadership Team: Trained in leadership and management skills, taking on more responsibility and learning from mentors within the company or networking with other professionals in the field.
The goal is to provide relevant training to employees who contribute to the company's sales and marketing efforts.
The training can benefit those just starting in these fields and experienced professionals looking to refine their skills.
How is Training Delivered?
The delivery of sales and marketing training can vary but typically includes a combination of the following:
On-Demand Media |
Written resources that provide in-depth information on sales and marketing techniques and strategies. This includes videos, infographics, resource libraries, templates, and strategy guides. |
Coaching and Mentoring |
One-on-one weekly interactive, virtual strategic coaching sessions to strategize content creation, delivery of content, and sales enablement. |
In-Person Workshops and Seminars |
Traditional in-person training sessions where trainers and attendees are physically present in the same room. |
Online Courses |
E-learning platforms offer self-paced online courses in sales and marketing. |
Webinars |
Live or pre-recorded presentations delivered over the internet. |
The focus of the training may also vary but generally includes topics such as:
- Understanding customer needs and building relationships
- Developing effective marketing strategies
- Using digital marketing tools to reach potential customers
- Utilizing technology and data to improve sales
The specific focus of sales and marketing training will depend on the participants' industry, organization, and level of expertise. It may be geared toward salespeople, marketing professionals, and business owners.
Overall, sales and marketing training aims to improve the performance and effectiveness of sales and marketing efforts, ultimately leading to increased revenue and business success.
How a typical training week could look for team members:
- Meet with their coach once or twice a week, typically for an hour-long session
- Tasked with objectives or content creation goals to achieve within the week in between coaching sessions–think of it like homework
- Expected to complete goals in a certain amount of time
- Will be provided with a resource library to use as a reference outside of their coaching sessions
- Can expect check-ins over email or direct messaging
Businesses may use a combination of these delivery methods to provide comprehensive training to their sales and marketing teams.
How Can We Make Time for Training?
Implementing sales and marketing training can be time-consuming, but with the right strategies and leadership, training can be done successfully without sacrificing other business goals.
Take a look at some tips to help lead your team to success while implementing sales and marketing training:
- The organization must adopt training as a culture change and prioritize from the top down.
- Upper management must buy in and fully invest, just as your content managers and salespeople.
- Once the upper management buy-in happens, it becomes easier to make time.
- Block time to ensure the appropriate team member attends the live strategic sessions utilizes the resource library and creates content.
- Ultimately, it all comes down to time blocking.
By prioritizing sales and marketing training and taking advantage of these strategies, you can ensure your employees have the skills and knowledge to drive your business's success.
What Can I Expect to Gain?
Sales and marketing training can give you the skills and knowledge necessary for success.
You can expect to gain:
- Knowledge and tools to deliver your message in a way that buyers like to consume content.
- Become consistent in content creation and delivery.
- An abundant pipeline through your content creation and by answering buyer questions.
- You’ll become the most trusted advisor in your industry, and buyers will come to you for all their industry-related needs.
- Knowledge of how to utilize content and become intentional with your sales process. For example, sales reps can send potential buyers a “buyers' guide” to answer questions about purchasing your product/service. Educating the buyer before making an appointment gives them more confidence in purchasing.
- Learn how to look at your sales pipeline in a way that shows you what you’re doing well, where you can improve, and what actions you need to take to make improvements so you can grow consistently over time.
- Salespeople will be well-trained in conversations that involve helping a purchaser decide. Keep in mind that “selling is helping.”
The End Result
With sales and marketing training, your team will understand what your buyers are asking about your product or service, and you'll be able to answer their questions confidently.
You'll gain skills on how to answer those questions in a way that helps your buyers make a purchasing decision, translate that to a piece of content (blog, infographic, video, buying guide, etc.,) and utilize the content within the sales process to help them win more opportunities.
Your organization stands to gain an abundant pipeline, forecastable revenue targets, and sustained growth.
You’ll understand what months you need to blossom (your busy season) and what you can do during your slower times to help sustain your sales during downtimes.
Empowering your team to be self-sufficient can foster continuous learning and develop a culture that will help sustain success for years.
It’s never too late to invest in your sales and marketing teams. With the right training program, you’ll see rapid and meaningful results.
Whether you’re a small business or a large corporation, investing in your sales and marketing teams could be one of the best decisions you can make for your organization’s future.
Don’t wait—start exploring the various training and coaching opportunities available and see the incredible results a well-trained sales and marketing team can give.
Have questions?
Are you interested in more information on why you should consider sales and marketing training and coaching for your business?
Schedule some time to talk with us today!