This paper aims to describe a training program for the advertising‐sales team at magazine publisher Hachette Filipacchi.
The paper explains the reasons for the training, the form it took and the results it has achieved.
The paper details how all staff were trained on pitching, selling and negotiating in a recession and taking control of the sales process. In addition, the managers were trained on coaching for greatness.
The paper reveals that, following the training, the company secured new advertisers and revenues while simultaneously boosting morale and retention rates among its sales team.
The paper explains that, in an industry not renowned for taking a long‐term view of the benefits of training, Hachette took the bold step of investing in its advertising‐sales team while its competitors were laying off staff.
The paper highlights how the training helped to change the way in which the company sells.
