Product Knowledge
Product Knowledge is the in-depth understanding of what products a business sells and their functionalities. In the context of sales, it involves understanding how these products can meet the needs of potential customers. Profound product knowledge can massively influence a salesperson's ability to establish rapport, build trust and close deals.
Level 1: Emerging
At a foundational level you are able to recall basic information about the company’s products, such as key features and typical uses, and can answer straightforward customer questions. You rely on reference materials or colleagues to clarify details. This means you can support simple sales conversations, helping customers understand what the business offers.
Level 2: Proficient
At a developing level you are starting to build your knowledge of the products you sell and can describe basic features to customers. You can answer straightforward questions and use your growing understanding to support simple sales conversations. This helps you contribute to customer discussions, though you may still need assistance with detailed enquiries.
Level 3: Advanced
At a proficient level you are able to clearly explain your products’ features, benefits, and common uses in detail to customers. You draw on this knowledge to match solutions to customer needs and respond confidently to most queries. This helps you build credibility and progress sales conversations effectively.
