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{"id":3384,"date":"2020-09-11T05:00:46","date_gmt":"2020-09-11T05:00:46","guid":{"rendered":"https:\/\/proactivetraining.com.au\/news\/2020\/09\/11\/case-study-transforming-sales-training\/"},"modified":"2020-09-11T05:34:28","modified_gmt":"2020-09-11T05:34:28","slug":"case-study-transforming-sales-training","status":"publish","type":"post","link":"https:\/\/proactivetraining.com.au\/news\/2020\/09\/11\/case-study-transforming-sales-training\/","title":{"rendered":"Case Study: Transforming Sales Training"},"content":{"rendered":"
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Richardson sales training reaches new levels of efficiency through BenchPrep’s digital learning platform.<\/div>\n<\/div>\n<\/div>\n
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Article Author: <\/div>\n
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Ashish Rangnekar, Co-Founder and CEO, BenchPrep<\/div>\n<\/div>\n<\/div>\n
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Richardson is a global sales training and performance improvement company focused on helping organizations drive revenue and grow long-term customer relationships. From its earliest roots, Richardson has maintained a focus on helping sales organizations face their toughest challenges and drive results. As a global leader in the sales training industry, Richardson is known for helping sales professionals learn, master, and apply learned behaviors in the field with their customers, helping sales professionals push beyond the expected to lead markets, uncover opportunities, and strike out in new directions. <\/span><\/span><\/span><\/p>\n

Challenge: A Lack of Innovation in the Sales Training Market<\/span><\/strong><\/span><\/span><\/p>\n

Richardson was offering customers instructor-led training options, along with outdated e-learning modules. Facing increased pressure to provide a more engaging and adaptive learning experience that aligned with professionals’ demand for digital, the company realized an urgent need to deliver a scalable solution that would appeal to a wide-ranging audience of learners, while standing out from the plethora of one-size-fits-all competitors. <\/span><\/span><\/span><\/p>\n

When SVP and Chief Product Officer Chris Tiné joined Richardson, he made it a priority to search for a partner that could help them fill the digital learning void in the sales training market. He was looking to drive meaningful engagement that would make salespeople want to change their behavior. “We were up against the challenge of finding a partner to help us understand the difference between the digital hype in the marketplace and what customers really need in order to be successful,” says Tiné. “The sales training world lacked a digital, cloud-based, adaptive tool that blended assessment, learning, gamification, and analytics in an effective manner. We needed a unique perspective to digital learning to help us transform the way we deliver our product.” <\/span><\/span><\/span><\/p>\n

At the time, sales organizations were having a unique challenge: Although they understood training was a necessity, they also felt like every minute not spent in the field selling meant losing a sale or productivity toward a sale. Richardson knew its training program wouldn’t be judged by other training programs, but against other major online players on the market such as YouTube, Google, and Massive Open Online Courses (MOOC) players such as Udacity, Coursera, or edX. Richardson needed to step up its online training.<\/span><\/span><\/span><\/p>\n

Richardson had to invest a lot of time and capital to think about their content, including many days on the road meeting in person with customers to get their input and hear their thoughts about the digital sales team approach. They set out to create learning pathways, in which each salesperson can start their learning journey based on where they are with their current knowledge in a 18- to 24-month sales training journey. <\/span><\/span><\/span><\/p>\n

Solution: A Partnership to Better Engage Buyers and Move the Sales Training Needle <\/span><\/strong><\/span><\/span><\/p>\n

Less than a year after forming a partnership, Richardson and BenchPrep launched Richardson Accelerate<\/em>, a solution that provides various online training programs to inspire and motivate sales teams to better engage with buyers and drive results. Accelerate enables Richardson to offer its customers an adaptive platform that includes all of the components they need to engage sellers, provide real-time visibility into performance, and run a successful blended online learning program. <\/span><\/span><\/span><\/p>\n

Richardson sales professionals now have access to assessments, online learning, video, social learning, reporting, leaderboards, gamification, and other interactive engagement drivers. At the same time, managers have real-time access to their sellers’ performance and confidence levels, giving them an edge to make coaching more precise, personalized, and effective. The program has eliminated the need for sales organizations to build each of these components on their own in a learning management system, providing a more efficient and effective way to train employees. <\/span><\/span><\/span><\/p>\n

According to Tiné, the role the instructors played in all of this was pivotal. Richardson had to think through how to still engage instructors in the broader digital sales training approach, and help them realize they didn’t need to do the menial tasks that sometimes took place in the previous workshops. With Accelerate, the moment the instructors walked into the classroom, they knew every learner more intimately, and every student was more prepared to come to class. <\/span><\/span><\/span><\/p>\n

The Accelerate platform’s online sales training programs include consultative selling, consultative negotiations,coaching, and more. Richardson uses mobile-first technology to optimize the learning experience for sellers and sales managers on the move. Lessons are delivered online in self-contained, bite-sized modules of learning that are independent and easy to digest. Short,video-based scenarios make learning fast and bring skills to life by demonstrating  the difference between effective and ineffective selling.<\/span><\/span><\/span><\/p>\n

To engage sellers, the Accelerate online platform meets learners where thay are currently, allowing them to learn at their own pace and on their device. It also provides managers and coaches with data and analytics to promote learning interventions, when and where needed.<\/span><\/span><\/span><\/p>\n

Accelerate online sales training programs use built-in touch points to provide the data sales coaches need to guide sellers along their paths to skill improvement. Baseline assessments benchmark starting points and prepare sellers for learning. Formative quizzes during the program check progress and redirect learning. An end-of-course assessment shows exactly how far learners have come and where they need more focus. Confidence scoring allows learners to self-identify topics that make sense to them and those that feel a bit shaky. Topics can be sorted according to learner confidence and can be revisited, if needed.<\/span><\/span><\/span><\/p>\n

In addition to benefiting the learner experience, Richardson’s digital transformation has yielded valuable results for the business: <\/span><\/span><\/span><\/p>\n