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NAICS Code 541690-55 Description (8-Digit)

Sales Training is a subdivision of the Other Scientific and Technical Consulting Services industry. It involves providing training and coaching to sales professionals to improve their skills and techniques in order to increase sales and revenue for their company. Sales Training can be provided in a variety of formats, including in-person workshops, online courses, and one-on-one coaching sessions. The goal of Sales Training is to help sales professionals develop a deep understanding of their products or services, learn effective communication and negotiation skills, and build strong relationships with clients.

Hierarchy Navigation for NAICS Code 541690-55

Tools

Tools commonly used in the Sales Training industry for day-to-day tasks and operations.

  • Sales training software
  • CRM software
  • Video conferencing tools
  • Learning management systems
  • Sales playbooks
  • Sales coaching apps
  • Sales analytics tools
  • Social media management tools
  • Email marketing software
  • Sales enablement tools

Industry Examples of Sales Training

Common products and services typical of NAICS Code 541690-55, illustrating the main business activities and contributions to the market.

  • Sales coaching
  • Sales training programs
  • Sales workshops
  • Sales consulting
  • Sales management training
  • Sales negotiation training
  • Sales communication training
  • Sales leadership training
  • Sales team training
  • Sales skills training

Certifications, Compliance and Licenses for NAICS Code 541690-55 - Sales Training

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Certified Professional Sales Person (CPSP): This certification is offered by the National Association of Sales Professionals (NASP) and is designed to validate the sales skills and knowledge of sales professionals. The certification covers topics such as prospecting, closing, and account management.
  • Certified Sales Leadership Professional (CSLP): Also offered by NASP, this certification is designed for sales managers and leaders. It covers topics such as team management, coaching, and leadership.
  • Certified Inside Sales Professional (CISP): Offered by the American Association of Inside Sales Professionals (AA-ISP), this certification is designed for inside sales professionals. It covers topics such as lead generation, qualification, and closing.
  • Certified Sales Executive (CSE): Offered by Sales and Marketing Executives International (SMEI), this certification is designed for sales executives. It covers topics such as strategic planning, sales management, and customer relationship management.
  • Certified Professional Sales Leader (CPSL): Also offered by SMEI, this certification is designed for sales leaders. It covers topics such as leadership, team management, and sales strategy.

History

A concise historical narrative of NAICS Code 541690-55 covering global milestones and recent developments within the United States.

  • Sales training has been an essential part of the business world for decades. In the early 1900s, John Henry Patterson, the founder of National Cash Register, developed a sales training program that focused on building relationships with customers. In the 1950s, Dale Carnegie's book "How to Win Friends and Influence People" became a bestseller and helped to popularize the idea of sales training. In the 1980s, the rise of consultative selling, which emphasizes understanding the customer's needs and providing solutions, led to a new wave of sales training programs. In recent years, the growth of technology has led to the development of online sales training programs and the use of virtual reality in sales training. In the United States, sales training has become increasingly important in the last few decades. In the 1990s, the rise of customer relationship management (CRM) software led to a renewed focus on building relationships with customers, and sales training programs began to emphasize the importance of understanding the customer's needs. In the 2000s, the growth of e-commerce and the rise of social media led to a new wave of sales training programs that focused on using technology to build relationships with customers. In recent years, the growth of artificial intelligence and machine learning has led to the development of new sales training programs that use data analytics to identify customer needs and provide personalized solutions.

Future Outlook for Sales Training

The anticipated future trajectory of the NAICS 541690-55 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The sales training industry in the USA is expected to grow in the coming years due to the increasing demand for sales training services. The industry is expected to benefit from the growing need for sales training programs that can help businesses improve their sales performance. The industry is also expected to benefit from the increasing adoption of technology in sales training programs. The use of technology such as virtual reality and artificial intelligence is expected to enhance the effectiveness of sales training programs. Additionally, the industry is expected to benefit from the growing trend of remote work, which is expected to increase the demand for online sales training programs. Overall, the sales training industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 541690-55

Recent groundbreaking advancements and milestones in the Sales Training industry, reflecting notable innovations that have reshaped its landscape.

  • Virtual Reality Sales Training: Virtual reality technology is being used to create immersive sales training experiences that can help sales professionals improve their skills. This technology allows sales professionals to practice their sales techniques in a simulated environment, which can help them develop their skills in a safe and controlled environment.
  • Artificial Intelligence Sales Training: Artificial intelligence is being used to create personalized sales training programs that can help sales professionals improve their skills. This technology can analyze a sales professional's performance and provide personalized feedback and training recommendations.
  • Gamification: Gamification is being used to make sales training programs more engaging and interactive. This approach uses game-like elements such as points, badges, and leaderboards to motivate sales professionals to complete training programs and improve their skills.
  • Mobile Sales Training: Mobile sales training programs are becoming increasingly popular as sales professionals are often on the go. These programs allow sales professionals to access training materials and complete training modules on their mobile devices.
  • Microlearning: Microlearning is a training approach that involves breaking down training content into small, bite-sized modules. This approach allows sales professionals to learn at their own pace and can help them retain information more effectively.

NAICS Code 541690-55 - Sales Training

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