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4imprint.com Subject Matter Experts

Subject Matter Experts Blue Paper

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Page 1: Subject Matter Experts Blue Paper

4imprint.com

Subject Matter Exper ts

Page 2: Subject Matter Experts Blue Paper

© 2015 4imprint, Inc. All rights reserved

Training your sa lespeople to become subject matter experts

Buyers can now discover nearly everything about companies, products and

services from websites and other Web sources, including what customers are

saying on social media. However, what they may not have easy access to are

trends, best practices or creative applications that offer solutions to their needs.

This is causing an information-gathering and expectation shift: Customers

are finding greater value from subject matter experts versus “traditional”

salespeople, and sales are reflecting this change.

Addressing this shift is a potential bottom-line opportunity for many

companies, one that likely means an internal reorganization and training

program to develop subject matter experts. Salespeople will be required to refine

their consultative skills, discover how customers are making buying decisions and

add greater value. And, while not every company may need

to radically restructure, many may benefit from ensuring their sales teams

are armed with greater knowledge and expertise about industry-related

challenges and the competitor marketplace.

This Blue Paper® will overview the changes in customer behavior that are

shifting the need for subject matter experts. It will feature the benefits of

this approach, as well as any downsides. And, it will provide a guide for how

companies can help their salespeople become the kind of subject matter experts

that are valued by clients.

Technology and buying behavior

Whether you market to B2B or B2C industries, technology has changed buyer

behavior. Buyers are far better informed than ever before, thanks to the

Internet. In most cases, buyers have a good idea of what they want before they

engage with a particular supplier. Today’s technology allows buyers to:1

• Research anything on the Web, from customer ratings and reviews to

product costs

• “Showroom” by visiting a brick and mortar store to see products first hand

and then finding the best price online

•Share and research products on social media channels

1 Priolo, Dario. Richardson Sales Training & Strategy Execution. N.p., 7 Jan. 2013. Web. <http://blogs.richardson.com/2013/01/07/strategies-for-changing-customer-behaviors/>.

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© 2015 4imprint, Inc. All rights reserved

In fact, according to a 2013 B2B Global Buyer Survey, clients are often 57 percent

into the purchasing process before they contact a salesperson (Figure 1).2

Furthermore, because buyers are so far along in the process, much of the decision-

making is based solely on the quality of the content they are able to find on the

products or services.

Figure 1: Milestones in the customer purchase process (n=590)3

Figure 2: Cross-channel shopping behavior: those who do not research before

purchasing.4 A PricewaterhouseCoopers survey of U.S. consumers confirms that

research-first shopping behavior has increased.

2 Spenner, Patrick. “Demand Generation: How to Do It Right.” Web log post.CEB Blogs. N.p., 23 July 2014. Web. 27 Mar. 2015. <https://www.executiveboard.com/blogs/demand-generation-how-to-do-it-right/?business_line=marketing-communications>.

3 Spenner, Patrick. “Demand Generation: How to Do It Right.” Web log post.CEB Blogs. N.p., 23 July 2014. Web. 27 Mar. 2015. <https://www.executiveboard.com/blogs/demand-generation-how-to-do-it-right/?business_line=marketing-communications>.

4 Total Retail V Survey. Rep. Delaware: PricewaterhouseCoopers LLC, 2014. Print. United States (US). <http://www.pwc.com/en_US/us/retail-consumer/publications/assets/total-retail-2014-us.pdf>.

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© 2015 4imprint, Inc. All rights reserved

Added to the trend of online research is the fact that people simply do not have

time to listen to a sales pitch or be contacted repeatedly by a salesperson who

doesn’t take no for an answer.

Therefore, consumers expect a salesperson to be consultative and to:

1. Provide valuable insight and perspective

2. Help identify alternatives that may better suit the consumers’ needs

3. Help them navigate through the decision-making process and avoid

making bad decisions

4. Provide on-going advice on new issues or solutions

So how do we provide that in today’s market? How can we arm the sales team

(and the marketing team) with the knowledge to meet the expectations of

knowledgeable consumers? How do we create opportunities to provide insight

and engage with customers during the early stages of the buying cycle?

Before salespeople even dive into a consultative selling approach, they can

use the same technology their customers use to find relevant sales leads.

Salespeople who are equipped with Web and social media data will find the

right prospects, understand where those prospects are in the sales funnel and

nurture them like a partner in the process, rather than an opportunity waiting

to happen.5 Armed with this knowledge, salespeople can take the next step in

the consultative approach.

In walks the subject matter expert

A subject matter expert (SME) is a person who is an authority in a

particular area or topic.6 An SME can often provide valuable insight and

fresh perspective to situations or scenarios within an area of expertise.

This sounds basic enough, but there is a give and take with everything. The

financial and internal resource investment required to train SMEs is an important

consideration for any business. When a business depends heavily on the success

of its salespeople, pulling them from the field to participate in training exercises

can be a costly and scary risk. Are the benefits enough to out-weigh the potential

loss due to less time in the field? This is a decision that each company will have to

decide for itself.

5 Glynn, Fergal. “Is Traditional Sales Obsolete? The Shift to Consultative Selling.” Salesforce Blog. N.p., 17 Dec. 2014. Web. 21 Apr. 2015. <https://www.salesforce.com/blog/2014/12/traditional-sales-obsolete-shift-consultative-selling-gp.html>.

6 Torres, Jesse. “5 Steps to Becoming a Subject Matter Expert.” LinkedIn Pulse. Web. 21 April 2014. <https://www.linkedin.com/pulse/20140421082247-6260457-sell-more-become-a-subject-matter-expert-in-five-steps>.

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© 2015 4imprint, Inc. All rights reserved

I s a team of SMEs r ight for your business?

Even if you feel that training your salespeople to be SMEs is the logical choice at

this point, let’s still take a quick look at some of the benefits and risks that need

to be evaluated. Assuming that the subject matter experts are well trained, here

are some of the pros and cons of a SME approach:

Figure 3: The pros and cons of an SME approach

Is the potential value-add of a subject matter expert sales team worth the cost,

risk and resources in your business?

Each business is unique and may need to consider additional factors not

listed above:7

• Is your team of salespeople in the office or do they work remotely?

What are the logistical considerations for providing the type of

training that will be required?

• Has your sales process remained unchanged for several years? Are

there process changes that need to happen to accommodate a new

sales approach?

•Does the company leadership understand and embrace a new approach?

7 Priolo, Dario. “5 Strategies for Keeping Pace with Changing Customer Buying Behaviors.” Richardson Sales Training & Strategy Execution. N.p., 7 Jan. 2013. Web. <http://blogs.richardson.com/2013/01/07/strategies-for-changing-customer-behaviors/>.

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© 2015 4imprint, Inc. All rights reserved

Combatt ing the growing “know-it-a l l -consumer” trend

Neil Patel, Co-Founder of CrazyEgg, StrideApp, HelloBar and KISSMetrics,

says salespeople must create a mental connection, providing a psychological

understanding and building a relationship with the consumer.8 This builds trust.

You build trust through engagement and interactions with customers.

Therefore, salespeople must change processes and adapt to current trends and

expectations to survive. They have to find ways to engage with the consumer

during the research phase. They must build a relationship with the consumer—

making themselves a valuable, go-to resource. But, how? By taking a pro-active

approach to shaping opportunities and helping the customer define the issues

they’re facing. Opportunities can also be created by outlining possible issues that

may not be on customers’ radar yet, but may impact them in the near future.

Here is a story of a financial company that chose to take the leap and re-focus its

sales team to be subject matter experts.

Transforming sales profess ionals to add value and increase revenue

An unnamed diversified financial services company was determined to create a

new sales culture to become one of the top five wealth management firms while

doubling its revenues in that same period.9 In order to accomplish this, it created

a new culture of “future state wealth managers” that focused on sales and

training systems to enable the sales team to expand customer relationships. It also

created a consistent message and framework that emphasized the use of subject

matter experts as well as training materials that focused on ways to add value to

customers through a more consultative and solution-driven approach.

As a result of the refocused and restructured selling process, the company

experienced immediate and significant improvements, including an average

increase in sales generated per salesperson by $100,000, a total company

revenue increase upwards of $50 million, and a nearly 200:1 return on the

training investment.

8 Patel, Neil. “5 Old-School Sales Techniques to Bring Back.” Web log post. Marketing Land. Third Door Media, Inc., 07 Nov. 2014. Web. 27 Mar. 2015. <http://marketingland.com/5-old-school-sales-techniques-we-need-to-bring-back-to-online-marketing-104389>.

9 Richardson Group, Inc. Deepen Relationships and Better Capitalize on All Opportunities. Case Study. PHILADELPHIA: Richardson Group, 2011. Print.

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Refocusing on what a company does best and highlighting the subject matter

experts within the organization can have a noticeable impact on a company’s

bottom-line. While you may not be able to undertake a complete transformation,

you can still make significant changes within your organization to put your team

and your selling practices on the right track.

So are you ready to get started?

Start with the r ight tra in ing process

Products are constantly changing. Solutions are getting increasingly

more robust, and features are becoming more advanced. It’s no wonder

that salespeople find it hard to remember all of their training and to

apply it during those critical moments.

Help them keep up by providing the proper training process.

There are three main stages to developing an effective sales training process:

pre-training, training and post-training.10 Pre-training involves making changes

to internal processes to allow for an improved overall training program. Training

turns ordinary salespeople into superior subject matter experts. The post-training

stage will help you to nurture your investment and maintain your new team of SMEs.

Stage 1: Pre-tra in ing

Know your audience.

Consumers can research products and solutions but they can’t get the whole

picture without extensive research. Keep your salespeople one step ahead by

training on the trends, best practices or creative applications that determine if a

solution is a good fit.11 Consumers still value the subject matter experts that can

provide this added insight.

“Your biggest competition is NOT other companies—it’s your customers,”

according to a CEB blog. “Specifically, it’s the customers’ ability to learn on their

own, meaning they determine needs, and establish buying criteria and budgets

before reaching out to suppliers.”12

10 Priolo, Dario. “7 Essential Ingredients in Creating Effective Sales Training Programs for Sales Teams.” The Richardson Sales Excellence Review™. Richardson, 06 Sept. 2013. Web. 29 Mar. 2015. <http://blogs.richardson.com/2013/09/06/7-essential-ingredients-creating-effective-sales-training-programs-sales-teams/>.

11 Altman, Iam. “Top 10 Trends in Sales and Business Development for 2014.” Web log post. Grow My Revenue. N.p., 4 Sept. 2014. Web. 27 Mar. 2015. <http://www.growmyrevenue.com/3724/2014-trends-sales-and-business/>.

12 Cash, Jessica. Infographic: The Blueprint for Successful Sales Transformation. Digital image. CEB Blogs. CEB, 16 Feb. 2015. Web. 29 Mar. 2015. <https://www.executiveboard.com/blogs/infographic-the-blueprint-for-a-successful-sales-transformation/?business_line=sales-service>.

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Understand your customers.

1. Understand how they make buying decisions. What factors are most

important? We spoke about this earlier, but it’s important to understand

how customers in your industry make buying decisions and move

through the sales cycle. PricewaterhouseCoopers conducts a yearly

consumer-research survey. The report is free and available to the public,

and you may find some valuable insight in it. Visit www.pwc.com for

more information, or view the 2014 Total Retail V Survey report.

2. Know the current trends in buyer behavior. Economical and sociological

trends influence buyer behavior. Understanding how customers make

buying decisions is one thing, but you also need to keep up to date with

the trends. Pay attention to how these trends change from year to year.

Doing so can help you notice when trends start to shift so that you can

adjust your tactics accordingly and offer more valuable insights.

There are a number of reliable sources that produce yearly reports on

consumer buying behavior and trends. Here are a few you might try:

• PricewaterhouseCoopers – www.pwc.com

• Mintel – www.mintel.com

• Trend Watching – www.trendwatching.com

• VendHQ – www.vendhq.com

3. Watch for actionable opportunities so that you can provide the most

value. By understanding how your customers make buying decisions

and by watching current trends, you can find opportunities to provide

added insight and value.13

You can use this information to prepare real-world scenarios showcasing

opportunities for your products or services that will arm your salespeople with the

extra edge they need to stand out above the noise.

It is important to keep in mind that value is defined by the customers’ perceptions

of what they get versus what they pay for it. This means that value is always

determined by the customer and not the salesperson.14 “If there is a choice

between value and price, value always wins.”15

13 “FEB 2015 TREND BRIEFING - 10 TRENDS FOR 2015.” TrendWatching.com. N.p., Feb. 2015. Web. 29 Mar. 2015. <http://www.site.co.uk/drag_it/search/site_drag/aHR0cDovL3RyZW5kd2F0Y2hpbmcuY29tL3RyZW5kcy8xMC10cmVuZHMtZm9yLTIwMTUv/trendwatching.com+%7C+ >.

14 Rickard, Joe. “Sales Techniques to Create Value | MyPRINTResource.com.”MyPRINTResource.com. N.p., 1 Dec. 2012. Web. 29 Mar. 2015. <http://www.myprintresource.com/article/10819538/sales-clinic-five-steps-for-salespeople-to-create-more-value>.

15 Rickard, Joe. “Sales Techniques to Create Value | MyPRINTResource.com.”MyPRINTResource.com. N.p., 1 Dec. 2012. Web. 29 Mar. 2015. <http://www.myprintresource.com/article/10819538/sales-clinic-five-steps-for-salespeople-to-create-more-value>.

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© 2015 4imprint, Inc. All rights reserved

Salespeople create value by understanding the needs of their customers and then

creating solutions to meet those needs.16 This involves managing relationships

and gathering information about their customers, the competition and, of course,

about their products and solutions. The more information a salesperson gathers,

the more valuable he or she becomes.

Align with the strategy, goals and needs of your business.

Any training program you create needs to align with your company’s strategic

objectives, goals and needs.17 If the training program can’t answer the following

questions, you’ll need to modify it or start over.

• How does your sales training program help support your

strategic objectives?

•What behavior are you hoping to drive with your sales process?

•What types of things will your sales team have to do differently?

• What new techniques will your sales team need to learn to achieve

the desired outcome?

It’s important to be able to connect the dots between your senior

management team, the sales team and the marketing team. The outcome

will be much more effective and efficient if everyone is driving toward the

same goals.

Implement a training process that is more than a one-off event.

To retain information and to be successful, your salespeople need training that

is consistent, relevant and ongoing. Think of this as a continuous improvement

process. It may include better aligning sales training priorities with business

objectives, planning for future needs, keeping current in sales training methods,

deciding how to allocate training budgets and leveraging external training

providers when appropriate.18

Based on a 2014 study by Richardson Group Inc. and Training Industry Inc., only 22

percent of organizations said their sales training helped turn prospects into leads.

Furthermore, slightly more than half of the organizations surveyed said that

16 Tanner, John F., Jr., and Mary A. Raymond. “Principles of Marketing, v. 2.0.”Flat World Knowledge. Flat World Education, Inc., 2012. Web. 29 Mar. 2015. <http://catalog.flatworldknowledge.com/bookhub/reader/5229?e=fwk-133234-ch13_s01>.

17 Priolo, Dario. “7 Essential Ingredients in Creating Effective Sales Training Programs for Sales Teams.” The Richardson Sales Excellence Review™. Richardson, 06 Sept. 2013. Web. 29 Mar. 2015. <http://blogs.richardson.com/2013/09/06/7-essential-ingredients-creating-effective-sales-training-programs-sales-teams/>.

18 Richardson Group, Inc., and Training Industry, Inc. Best Practices in Design and Delivery of Sales Training Programs. Rep. Richardson Group, Inc., Jan. 2015. Web. 29 Mar. 2015. <https://www.richardson.com/PageFiles/Articles/Richardson_Jan2014_Report_vF1815.pdf>.

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continuing to increase the skills and knowledge of sales people on a regular basis

was the top trend affecting development of their sales training.19

Figure 4: Trends affecting sales training development.

Some of the key takeaways from the Best Practices in Design and Delivery of

Sales Training Programs report are as follows:20

Training delivery methods were shown to conform to the following trends:

• Instructor-led classroom training, on-the-job training and on-the-job

coaching are currently used most frequently

• Instructor-led online training, video-based learning, mobile learning and

social learning are most frequently identified for planned use

• On-the-job coaching, classroom training and on-the-job training were rated

the most effective methods

• Gamification, mobile/social learning, simulations, videos and e-learning are

seen as the least relevant to effectiveness

Read the full report for more detailed information.

19 “Best Practices In the Delivery of Sales Training Solutions.” Richardson.com. n.d. Web. 29 Mar. 2015. <http://info.richardson.com/best-practices-in-the-delivery-of-sales-training-solutions-hp>.

20 Richardson Group, Inc., and Training Industry, Inc. Best Practices in Design and Delivery of Sales Training Programs. Rep. Richardson Group, Inc., pg. 4, Jan. 2015. Web. 29 Mar. 2015. <https://www.richardson.com/PageFiles/Articles/Richardson_Jan2014_Report_vF1815.pdf>.

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© 2015 4imprint, Inc. All rights reserved

Stage 2: Tra in ing

Build on what works.

Study your best performers. Re-analyze your best practices. Look closely at how

you can better leverage those methods or the experience of your best performers.

Are there processes you want to replicate from other areas of your business across

the training process?

Enable your salespeople by encouraging or coordinating cross-departmental

collaboration. Marketing departments can work with your best performers

to develop materials that help salespeople better understand, engage and sell

to customers.21

According to a recent study, about half of customer loyalty is due to the value

and understanding salespeople provide. This value and understanding is more

powerful in influencing customer loyalty than all other factors combined.

Develop relevant training examples and materials.

Leverage a variety of resources (marketing managers, top-performing salespeople,

third-party sales trainers, industry experts and the like) to create learning

principles that are highly relevant to real-world scenarios. The real challenge,

however, is finding ways to unlock the knowledge and experience of your best

salespeople and marketing team so that you can package it and train your entire

sales team to share those insights with customers.22

If you use an instructor-led training program, make sure it focuses on how sales

reps actually do their jobs in order to make the training most applicable.23

It’s difficult to know when certain questions or scenarios may arise during

customer engagements. Do the best you can. Focus on developing a series of real-

world scenarios and ideal responses. The responses need to be pre-programmed

into the minds of your salespeople. The more natural and fluent the sharing of

insight is, the bigger the advantage.

21 Cash, Jessica. “Why You Shouldn’t Neglect Sales Enablement.” CEB Blogs. CEB, 23 Mar. 2015. Web. 29 Mar. 2015. <https://www.executiveboard.com/blogs/why-you-shouldnt-neglect-sales-enablement/?business_line=sales-service>.

22 Priolo, Dario. “7 Essential Ingredients in Creating Effective Sales Training Programs for Sales Teams.” The Richardson Sales Excellence Review™. Richardson, 06 Sept. 2013. Web. 29 Mar. 2015. <http://blogs.richardson.com/2013/09/06/7-essential-ingredients-creating-effective-sales-training-programs-sales-teams/>.

23 Priolo, Dario. “What Is the Role of Technology in Sales Training Solutions?” Web log post. The Richardson Sales Excellence Review™. Richardson Group, Inc., 09 Sept. 2013. Web. 30 Mar. 2015. <http://blogs.richardson.com/2013/09/09/role-technology-sales-training-solutions/>.

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When building your training materials, make sure they cover all aspects of the

sales cycle.24 Cover every step, from qualifying leads to getting through the

gatekeeper to closing the deal and everything in-between. Provide clear examples

and scenarios of how your salespeople should share their valuable insight with

customers. This might include sample case studies or whitepapers. Role-playing

is an example of a hands-on experience you can provide in training. Hands-on

activities ensure that your sales team is more likely to retain the lessons learned.

Tips to developing role-playing activities:25

1. Use real-world scenarios. Be as specific to your company, your salespeople

and your challenges as possible.

2. Use front-line managers and/or top sales people to play the role of

the customer. These are the people who have the most knowledge

of best practices.

3. By using front-line managers, sales people will receive immediate,

constructive and in-depth feedback.

To read more on integrating role play into your training efforts, read our

Blue Paper on this topic.

Incorporate training about competitors.

Your salespeople can provide even greater value to a customer if they understand

their own—and their competition’s—solutions inside and out. Educate your

salespeople on competing product lines. They should know the strengths and

weaknesses, and how they compare to their own products or solutions.26 You

may even want to have each salesperson do an assignment or two (gathering

information through research is all part of the process after all) to compare

competitor’s products to their own. Help your salespeople identify differentiators

so they can share them during conversations with prospects and customers.

Provide meaning, and not just direction.

It’s important to provide examples and meaning behind the changes you’re

making as an organization and within the sales team. Take time to explain

why you’re making the changes you’ve chosen to make and the impact you

24 Brooks, Mike. “Make Sales Training More Effective.” EyesOnSales. 3 Oct. 2013. Web. 29 Mar. 2015. <http://www.eyesonsales.com/content/article/three_techniques_to_make_your_sales_training_more_effective/>.

25 Ruff, Richard. “Sales Training—Role-Plays Done Right Can Play a Key Part.” LinkedIn Pulse. Web. 5 May 2014. <https://www.linkedin.com/pulse/20140505144436-29554219-sales-training-role-plays-done-right-can-play-a-key-part>.

26 Beesley, Caron. “Train Your Sales Reps to Be Superior SMEs.” Web log post.Blogs - Managing a Business. SBA, 17 Jan. 2013. Web. 29 Mar. 2015. <https://www.sba.gov/blogs/how-train-your-sales-reps-be-superior-subject-matter-experts>.

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feel it could have (or that you expect). When possible, provide statistics from

related case studies where other companies made similar changes and had a

positive result.

Anytime you can apply meaning to change, you make it easier for everyone

to believe in the changes and to accept them. It’s important that everyone have

a cohesive vision so that the overarching strategic initiatives and goals remain

the focus.

Stage 3: Post-tra in ing

According to Richardson Training & Effectiveness Solutions,

“80 percent of what employees learn is forgotten within 90 days.”27

Develop methods for continued learning to maximize retention.

It’s difficult to retain new skills when we’re unable to practice them on a daily

basis. No one can practice or predict every sales scenario that your sales team

may encounter. You also can’t hold regular, lengthy training sessions when your

salespeople are needed in the field. So how do you ensure that the training you

provide is retained and not simply forgotten?

Here’s how:

• Each day, or at a schedule you feel works best for your sales team, send a

scenario-based situation to each sales team member.

• Allow the sales team to share its ideas or thoughts on the best response

or approach to the scenario. This can be done through multiple choice or

another simple method. The key is to keep these mini lessons to short,

five-minute exercises.

Make the daily lessons fun! Incorporate real-time tracking of results and

participation with a leader board, or encourage online discussions of the

situations and best ways to respond. Finding ways to encourage interaction

among your team will also aid in engagement and understanding.

27 “Richardson QuickCheck Improves Knowledge Retention.” Improve Knowledge Retention and Training ROI. Richardson Group, Inc., n.d. Web. 29 Mar. 2015. <https://www.richardson.com/Featured-Richardson/richardson-quickcheck/>.

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Leverage technology.

It’s a challenge to reinforce best practices following training, but there are things

you can do to make your training last. Don’t be afraid to put technology to work

for you!

1. Try recording your lessons in advance to share them with your salespeople

prior to the scheduled training session(s). Require that each salesperson

pre-view the recorded lesson. That way the time spent in the classroom

can be used for more practical skill building and role-playing as opposed

to just lectures.28

2. Videotape training role-play sessions. Recording role-playing sessions can

also aid in demonstrating areas for improvement.

3. Use CRM and sales automation triggers to help salespeople to use the

training they’ve received. Embed skill development into a technology

workflow tool like a CRM system or other sales and marketing

automation systems.

4. Leverage social media to help your trained SMEs stay focused and gain

further mastery of the topics covered. You can build a forum or create

discussion groups on LinkedIn® to encourage continuous learning. Perhaps

restrict membership in these discussion groups to salespeople who have

completed the training or portions of the training. This is also a way for

sales managers to influence and monitor the chatter and to glean ideas

for additional training opportunities.

Communicate, communicate and communicate.

Just as steady communication was needed at the onset of the

transformation or change, communication is extremely important to

help strengthen and maintain the vision. Communication also helps provide

ongoing focus across your company. Make sure that this new process involves

marketing, senior management and sales so everyone remains focused and

working toward the same goals.

You can never communicate too much. Whenever you’re trying to initiate change

within your organization and you’re asking people to think differently or to

operate differently, you MUST communicate this throughout your organization.

28 Priolo, Dario. “7 Essential Ingredients in Creating Effective Sales Training Programs for Sales Teams.” The Richardson Sales Excellence Review™. Richardson, 06 Sept. 2013. Web. 29 Mar. 2015. <http://blogs.richardson.com/2013/09/06/7-essential-ingredients-creating-effective-sales-training-programs-sales-teams/>.

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Reinforce the message and behaviors you want to instill in your trainees. Use

multiple channels to “drip” the message over time.29

Examples of ways to share the message:

•Posters

•Email

•Break room message boards

•Webinars

•Internal social networking groups

•Lunch and Learns

•Intranet

Measure the results.

As with any campaign, tool or sales process, it is extremely important to

measure the results of your training efforts. This can’t be stressed enough.

Track completed sales. Track customer retention. Track the confidence of your

salespeople. Track changes in revenue. Track every aspect of your sales cycle

that might provide feedback as to whether your new training methods are

paying off. Continue to make adjustments as needed to meet your company’s

strategic objectives and goals.

Let’s rev iew the steps we’ve discussed

• A well-trained and well-prepared Subject Matter Expert (SME) can

better meet the expectations of today’s consumer by providing fresh

insight and perspective, and that adds value.

• Marketing teams and sales teams need to work together to develop training

materials as well as appropriate customer-facing messages and materials.

• Incorporate ways to encourage and sustain the retention of your

training program(s).

• Leverage technology where you can to alleviate the time involved in

maintaining the sales training lessons learned.

• Never underestimate the importance of communicating your expectations

and the desired behavior.

•Always measure the results so that you can continue to improve the process.

29 Priolo, Dario. “7 Essential Ingredients in Creating Effective Sales Training Programs for Sales Teams.” The Richardson Sales Excellence Review™. Richardson, 06 Sept. 2013. Web. 29 Mar. 2015. <http://blogs.richardson.com/2013/09/06/7-essential-ingredients-creating-effective-sales-training-programs-sales-teams/>.

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© 2015 4imprint, Inc. All rights reserved

4imprint serves more than 100,000 businesses with innovative promotional items throughout the United States,

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Every company is different and will require a unique approach to training

salespeople to be subject matter experts. We hope this Blue Paper has provided

the groundwork for assessing whether investing in the development of SMEs is

right for your business, what steps are necessary to get started and how to keep

the momentum going.

Addit ional resources

• Insight Selling – Essential Skills for Shaping and Creating Sales

Opportunities

http://blogs.richardson.com/2014/10/07/insight-selling-essential-skills-shaping-

and-creating-sales-opportunities/

• Insight Selling – How to Move Beyond an Inward Focus and a

Product-based Message

http://blogs.richardson.com/2014/09/09/insight-selling-move-beyond-inward-

focus-product-based-message/

• Are Your Salespeople Poised to Sell to Today’s Buyers?

http://blogs.richardson.com/2014/08/20/salespeople-poised-sell-todays-buyers/