Categories: Technology

Why Product Training is Crucial for Companywide Success

Product Training

Sales and business development activities are the lifeblood of every company’s success and financial sustainability, as is the technical excellence of their products. Yet, the gap of communication between the innovators who invest years into developing the perfect product and their colleagues who take it to the markets can have grave costs. Likewise, inadequate technical information can introduce safety risks and tarnish the company’s business prospects.

“Product training unleashes a company's most crucial business resource: An outstanding reputation and happy customers who keep returning — and bringing others.”

Without proper product information and necessary certifications, it wouldn’t be possible to sell, install, repair products or provide the right services. On the other hand, knowing all the details about the products also help teams to become more confident and convincing. Thus, investing in product training can be crucial for a company’s success across all departments.

Specialized Information to Keep Up With Changing Technology

Thanks to digitization, technical products are getting increasingly more complex every year. Hence, for the utmost safety and user-friendliness, product training is essential for proper function and use.

Only the right installation and intimately knowing all the product features can guarantee safety. This knowledge can also boost the longevity of products, and avoid repair costs.

Depending on the product and its specifications, the right training can be anything from self-study, or a webinar, as well as more structured courses. However, in some cases, it’s necessary to obtain a certificate following an on-site training and passing an exam by an authorized and relevant body.

These certifications not only increase the technicians’ competence holistically, but also lace customers with trust and attract new ones.

Increased Motivation Through Product Training

Product Training

Employee turnover and engagement are among the significant challenges for the human resources departments of many companies. However, ongoing training opportunities and a deeper understanding of the company’s products can increase employee retention and engagement.

There’s plenty of evidence that learning boosts the brain’s pleasurable sensations such as dopamine and serotonin. Thus, when employees continuously learn new things via product training, they’ll be better positioned to sell them and have a more rewarding professional experience.

Hence, product training is arguably one of the most important long-term investments a company can make for ongoing excellence and market leadership.

Company Reputation and Customer Loyalty

Product training unleashes a company’s most crucial business resource: An outstanding reputation and happy customers who keep returning — and bringing others.

A systematic and robust product training empowers non-developer teams to be the ultimate experts in their fields, and ensure they’re motivated and competent to answer all the questions.

When these employees become the go-to people with up-to-date information about the rapidly developing technologies, the trust and good words about the company keep spreading. Yet, the gap of communication between the innovators who invest years into developing the perfect product and their colleagues who take it to the markets can have grave costs.

Without a value-adding product or service, no company can stay in the game of business long enough and reach out to the markets. However, commitment to an effective and ongoing product training can overcome this challenge and maximize all business outcomes.

Rick Shuford

Rick Shuford

Rick is a Learning Leader at dormakaba Americas. He shares his knowledge from more than 20 years of experience in the security industry in product trainings for locksmiths, installers, integrators, as well as sales managers; preferably in physical trainings with subsequent certification. Rick is a Certified Registered Locksmith and a Certified Forensic Locksmith.