Training your partners, channel and franchisees before a product is released is the key to quickly increasing sales. The faster this product training happens, the faster you can drive revenue. This revenue is incremental and not typically realised at the end of a product's life cycle.  

 

 

 

Studies show that a 30-day reduction in the time it takes to train partners can result in:

 

  • 15% higher revenues
  • 45% higher net profits
  • Reduced cost of product launch
  • Better sales support of your product positioning and brand benefits.


Not only is customer training rewarding for businesses, it is relatively easy to justify since the return on investment (ROI) translates directly to the bottom line. In addition, research continually demonstrates that the cost of retaining an existing customer is far less expensive than attracting a new one. In short, the more knowledgeable customers are about a product or service, the more loyal they will be to the supplier.


Business users can now rapidly inform and update their dispersed audiences on the latest product updates and initiatives inside and outside the organisation. You are also able to edit, archive, and store virtual learning sessions in an online library, giving geographically dispersed audiences’ instant, on-demand access to this valuable information.

 

 

iVirtual Academy allows you to:

 

 

  • Quickly meet with and update your entire organisation on process changes, product rollouts, regulatory compliance and new initiatives without juggling travel schedules
  • Shorten sales cycles by educating prospects and customers faster
  • Create more effective channel partners by educating them more frequently and cost-effectively while avoiding stale, canned presentations and expensive face-to-face trips
  • Include facilitator interaction, side conversations and small group activities to ensure training effectiveness
  • Improve customer service and satisfaction by quickly and remotely offering training sessions to solve problems 
  • Integrate surveys, tests and interaction into your online training sessions to gain instant feedback
  • Track performance and offer encouragement and support a variety of online testing and collaboration components.


No matter where your customers, employees, partners or channels are in the world, iVirtual Academy can help you improve the performance of your business. The iVirtual Academy virtual end-to-end learning solution unlocks the potential in your business, without many of the time and travel implications typically associated with face-to-face training.

 

iVirtual Academy will deliver The Learning Factor's world class training programs, or develop customised programs for the iVirtual environment using your content to reach a geographically dispersed audience. Contact The Learning Factor to view a live demonstration of how iVirtual Academy can be adapted to your business.