Online Courses Professional Development Marketing Business Acumen in Sales

Business Acumen in Sales

Created by: Strategy to Revenue
5.0 1,047 views Prime
Last Updated 03/2024
English
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1h 45 min! Run Time
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What you'll learn

In this quick but comprehensive course you will learn the business concerns all B2B buyers have, their shared goals, and what motivates them to make a change (to your product or service). You'll learn the financial terms they use, how a supply chain works, and what business decision makers really want and need from you as a salesperson. Your ability to have a real business conversation in business terms will gain their respect and move them toward a 'yes' to your product or service.

Description

What motivates business buyers?  How do you gain their respect and persuade them that value you offer is exactly what they need? Few sales tactics are more effective than having a real business conversation with a prospective buyer. This 13-part course on how business works provides the knowledge and background needed to 'think and speak business' when engaging with Customers. 

Table of Contents

Business Basics: Introduces the basic goal of business: to make a profit and grow
How Businesses Grow: Describes four common strategies for business growth
Why Businesses Change: Reveals the external and internal pressures that can cause a business to make a change in a product or service provider
Who Does What in a Business: Explains how companies are typically organized and the differences between operational, management and executive levels
What Customers Want: Describes five business objectives customers typically want a salesperson to help them achieve
Understanding the Supply Chain: A primer on what the supply chain is and why it matters. (Best for organizations interacting with the supply chain.)
Financial Concepts, Part 1: Sooner or later, it comes down to the numbers. Introduces basic financial concepts associated with a profit/loss or income statement
Financial Concepts, Part 2: Continues introducing financial concepts to include those associated with the balance sheet and return on investment
Profit Impactors: Five strategies businesses often follow to increase their profits
More of What Customers Want: More business objectives customers often look to salespeople to help them achieve
Financial Reports: Reveals the abundance of situational knowledge contained in a financial report and where to find it
Understanding Routes to Market: An introduction to the various means businesses use to get their products and services to buyers
Supply Chain Management: A closer look at the supply chain and key approaches to managing it. (Best for organizations interacting with the supply chain)

Author

Strategy to Revenue

33 Courses

We’re an experienced group of sales and marketing leaders, and education and coaching stalwarts. We’ve all held senior positions at global corporations, or rolled up our sleeves to turn start-ups into successful international businesses, and in many cases we’ve done both.

Business Acumen in Sales

Business Acumen 1 - Business Basics
Business Acumen 1 - Business Basics
Introduces the basic goal of business: to make a profit and grow.
Business Acumen 2 - How Businesses Grow
Business Acumen 2 - How Businesses Grow
Describes four common strategies for business growth
Business Acumen 3 - Why Businesses Change
Business Acumen 3 - Why Businesses Change
Reveals the external and internal pressures that can cause a business to make a change in a product or service provider
Business Acumen 4 - Who Does What in a Business?
Business Acumen 4 - Who Does What in a Business?
Explains how companies are typically organized and the differences between operational, management and executive levels
Business Acumen 5 - What Customers Want
Business Acumen 5 - What Customers Want
Describes five business objectives Customers typically want a salesperson to help them achieve
Business Acumen 6 - Understanding the Supply Chain
Business Acumen 6 - Understanding the Supply Chain
A primer on what the supply chain is and why it matters. (Best for organizations interacting with the supply chain.)
Business Acumen 7 - Financial Concepts Part 1
Business Acumen 7 - Financial Concepts Part 1
Sooner or later, it comes down to the numbers. Introduces basic financial concepts associated with a profit/loss or income statement
Business Acumen 8 - Financial Concepts Part 2
Business Acumen 8 - Financial Concepts Part 2
Continues introducing financial concepts to include those associated with the balance sheet and return on investment
Business Acumen 9 - Profit Impactors
Business Acumen 9 - Profit Impactors
Five strategies businesses often follow to increase their profits
Business Acumen 10 - More of What Customers Want
Business Acumen 10 - More of What Customers Want
More business objectives customers often look to salespeople to help them achieve
Business Acumen 11 - Financial Reports
Business Acumen 11 - Financial Reports
Reveals the abundance of situational knowledge contained in a financial report and where to find it
Business Acumen 12 - Understanding Routes to Market
Business Acumen 12 - Understanding Routes to Market
An introduction to the various means businesses use to get their products and services to buyer
Business Acumen 13 - Supply Chain Management
Business Acumen 13 - Supply Chain Management
A closer look at the supply chain and key approaches to managing it. (Best for organizations interacting with the supply chain)

Frequently Asked Questions

This course is designed for employees who need to complete Business Acumen in Sales training

Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.

The course takes approximately 105 minutes to complete and can be paused and resumed at any time.

No. This course does not include a certificate of completion.

Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.

Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).

Yes. The course is fully self-paced and available 24/7.

Yes. This course includes a knowledge check to reinforce learning and verify completion.

Learners have lifetime access from the date of purchase.

Yes. A preview is available so you can review the course format and content before purchasing.

Yes. Content is reviewed and updated as regulations and best practices change.

Yes. This course is available for free with an active Prime Subscription.

Yes. Refund requests can be submitted within 30 days of purchase.

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