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6 ways to calculate the ROI of your LMS

6 ways to calculate the ROI of your LMS

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New revenue generation Your LMS can help train your people to sell more effectively and it can help customers use and understand your products and services. This achieves two things: Increasing the perceived value of your business and offering. Unlocking new audiences and sales opportunities. So, when a new client comes in or an existing one increases their spend, look at the sales funnel to see where and how your learning program was involved. You’ll often be surprised at how frequently L&D played a critical role. Training costs DIY-ing your lunches or your drywall is a great way to save money. But DIY-ing your training is much more expensive than using an LMS. Many platforms offer off-the-shelf content you can use.

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