Britannia Sales Officer Interview Questions and Answers

To calculate landing price to retailer and distributor on mark up basis, determine the cost price and apply the desired mark up percentage.

• Determine the cost price of the product

• Decide on the desired mark up percentage for the retailer and distributor

• Calculate the mark up amount by multiplying the cost price with the mark up percentage

• Add the mark up amount to the cost price to get the selling price

• The selling price is...read more

The lctr for other brands at 15% markup margin would depend on their cost of production and desired profit margin.

• Calculate the cost of production for each brand

• Add 15% markup margin to the cost of production

• Subtract the cost of production from the selling price to get the lctr

• Example: If the cost of production for Brand A is $50, the selling price would be $57.50 (15% markup). If the selling price is $70, the lctr wou

Launching new products in the market requires a strategic approach and careful planning.

• Conduct market research to identify target audience and competition

• Develop a unique value proposition for the product

• Create a marketing plan that includes advertising, promotions, and public relations

• Train sales team to effectively communicate product benefits

• Monitor and analyze sales data to make necessary adjustments

• Obtain custome...read more