Cavinkare Sales Interview Questions and Answers for Experienced

ROI stands for Return on Investment. It is a measure used to evaluate the efficiency or profitability of an investment.

• ROI is calculated by dividing the net profit from an investment by the initial cost of the investment and expressing it as a percentage.

• It helps businesses assess the success of their investments and make informed decisions about future investments.

• For example, if a company spends $10,000 on a marketin...read more

To grow business during lockdown, focus on online sales, adapt to customer needs, offer discounts or promotions, and enhance customer communication.

• Shift focus to online sales and e-commerce platforms

• Adapt products or services to meet customer needs during lockdown

• Offer discounts, promotions, or special deals to attract customers

• Enhance customer communication through social media, email marketing, or virtual meetings

To open distributors, research potential markets, create a compelling pitch, and establish a strong relationship with the distributor.

• Research potential markets to identify areas with high demand for your product

• Create a compelling pitch that highlights the benefits of partnering with your company

• Establish a strong relationship with the distributor by providing excellent customer service and support

• Offer incentives suc...read more

To grow a market, focus on understanding customer needs, developing a strong value proposition, implementing effective marketing strategies, and building strong customer relationships.

• Conduct market research to understand customer needs and preferences

• Develop a unique value proposition that differentiates your product or service from competitors

• Implement targeted marketing strategies to reach and attract potential cust...read more

To control your DSM, establish clear goals, provide regular feedback, offer training and support, and monitor performance.

• Set clear goals and expectations for your DSM to ensure they understand their targets and objectives.

• Provide regular feedback and coaching to help your DSM improve their performance and address any issues.

• Offer training and support to enhance your DSM's skills and knowledge, enabling them to excel i...read more

ROI collection and margin are important factors in sales.

• ROI collection refers to the process of collecting the return on investment from sales activities.

• Margin refers to the difference between the cost of goods sold and the selling price.

• Both factors are important in determining the profitability of sales.

• A high ROI collection and margin indicate a successful sales strategy.

• Sales officers should focus on maximizing ...read more