Select Retail Banking Sales Training Clients
Research from PwC shows that more than two-thirds of business leaders in the financial services sector “believe they are at risk of losing business to standalone FinTech companies.” This threat is compounded by additional competition from:
- The emergence of national banking charters from non-depository companies
- The rise of the $25+ billion marketplace lending platform industry
- The expansion of financial services available from major companies like Apple, Google, and Amazon
To overcome these challenges retail banks must access the full potential of their service professionals. This group is uniquely positioned to render a dimensional picture of the customer’s needs. This capability outpaces the flat reading of customer needs through fintech data that is “context-blind.” Retail banking professionals are privy to the customer’s concerns, needs, and interests. They have a read on the customer’s tone and emotions. Effective retail banking professionals use this detail to discover unexpected value for customers.
Richardson Sales Performance’s Enhanced Service Through Consultative Sales training programme prepares professionals to deliver on these capabilities by:
- Executing customer service that rises to the level of a competitive advantage
- Shifting their mindset to view sales to add additional value to the customer
- Positioning additional services and products as part of the solution
Richardson Sales Performance’s customization process means that our training addresses the real world, ground level challenges seen in retail banking today.
"The framework of consultative selling and the six critical skills make sense. The programme made you stop and think of what you are saying. Thank you for such a valuable tool. The scenarios and tools provided by the instructor were great because they can be utilized in a real world setting in front of a client and were helpful." -- Eastern Bank Sales Training Participant
Retail Banking Sales Training Solutions
At Richardson Sales Performance we customize training programmes to the specific challenges of each business. We use information learned from extensive executive interviews to inform the design of the training material. The concepts and practises learned are immediately applicable to the next sale in the pipeline.
This level of customisation provides participants with meaningful skills that drive revenue goals. Additionally, the experience becomes more engaging because it speaks to the learner’s true needs. Moreover, leaders adopt a specialised framework that can deployed at scale across the organisation.
Retail Banking Training Programmes
Enhanced Service Through Consultative Sales
Participants learn to adopt a new mindset in which exceptional customer service involves positioning additional solutions. Retail bank service professionals participate in the growth of the business by personalising the customer service experience and sparking the customer’s interest in a wider array of services and products.
The consultative sales training programme gives retail bank service professionals a consistent, repeatable process to more effectively connect their solutions to the customer’s unique set of banking needs. Participants learn the Six Critical Skills which support the Consultative Selling framework, helping retail banking service professionals reveal and address the customer’s underlying needs and unaddressed risk.
Retail bank service professionals learn to differentiate themselves from the competition with a constant focus on satisfying the customer’s needs. Leaders benefit from a shared selling language in which each retail bank service professional follows a consistent set of best practises for engaging with customers over the phone.
Watch the video below to learn about Capital Farm Credit's experience working with Richardson.
Enhanced Service Through Consultative Sales Training Programme Brochure
Empower your reps to deliver exceptional experiences that build LTV and creates opportunities to sell more into existing accounts.
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