In stable markets, as our businesses are growing, investing in sales training is a relatively standard part of the acceleration process. Once you find the right type of training to support your team and culture, your company hits the “go” button and it’s full speed ahead. Fueled both by the skills and confidence of the team and a predictable, healthy external environment, the payoff comes relatively quickly in the form of higher productivity, quota attainment and overall revenue.

The Importance of Sales Training in Challenging Times

In challenged, less stable markets, organizations may be tempted to pull back on these efforts, believing the safer decision is to hunker down and limit developmental initiatives when there’s so much uncertainty swirling around. In fact, investing in sales training when times are tough is not a bold decision; it’s a necessary one. It’s a critical part of building a recession-proof business. The decision to invest in our sales professionals is about making sure they have the ability, tools and mindset to grow regardless of the market conditions—or, alternatively, it’s about rejecting the path of just accepting your fate as the market dictates it. 

In both good times and tough times, selecting the right sales training and approach is the key to getting the highest return on your investment. This includes investing in development that addresses the key drivers of sales performance, a process that works in any market, a methodology that “sticks,” and a relationship-focused model that enables both you and your clients to win. Because ultimately, the secret to sales success lies in mastering the human elements in sales—the universal people principles and behaviors that apply regardless of what is happening in the industry, market or broader environment.

Understanding the Psychology of Today’s Buyer

Getting new deals and creating lifelong clients is where you can find growth in challenged, unstable markets, even as your competition flounders. Salespeople who are genuinely interested in understanding what their customers are going through and delivering meaningful value beyond just a product or service become the trusted partners they’ll return to again and again.

We saw this play out during the Covid pandemic in 2020. Companies that invested in developing their sales teams early generally won the day, particularly those that made sure their leaders and teams had the skills, mindset and strategies necessary to navigate the unprecedented disruption and day-to-day challenges with confidence.

Building Trust: The Key to Growing Sales in Uncertain Times

There’s no question that many buyers are hesitating to move forward on decisions right now for reasons ranging from budget freezes to uncertainty about the future to fear of the unknown. Given the major shifts that are ongoing in the world, this reluctance isn’t surprising. Their fear and the risks they face are real. It’s also why, now more than ever, they need salespeople—salespeople they can trust, salespeople who will help them think through solutions from all angles and have conversations with them to help them find new perspectives or come up with ideas they may never have considered on their own.

Investing in Your Sales Team: A Long-Term Perspective

Now is not the time for retrenchment and reactive thinking. Now is the time to invest in your people so they’re ready to step up to the challenge—for themselves, for the organization and for their clients.

Navigate Uncertainty With Confidence

Looking for more strategies to lead through uncertainty? We’ve curated a collection of expert insights for navigating tough times:

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