HDFC Asset Management Company Assistant Sales Manager Interview Questions and Answers

Q1. About my self and background
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Q2. Current business and product knowledge
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Q1. EXPERIENCE.ABOUT THE JOB RELATED
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Q2. Product.and geographic area
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New offers and products

Q1. How many experience
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Q2. How to manage team
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Q1. What's the current Target ?
Ans. 
The current target is to increase sales by 20% compared to last quarter.
• Current target is to increase sales by 20%

• Target is compared to last quarter's performance

• Focus on achieving specific sales goals and metrics
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Q2. What are the achievement numbers?
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Q3. What are the various sourcing channel you look into?
Ans. 
Various sourcing channels include job boards, social media, employee referrals, recruitment agencies, and networking events.
• Job boards such as Indeed, Glassdoor, and LinkedIn

• Social media platforms like Facebook, Twitter, and Instagram

• Employee referrals from current staff members

• Recruitment agencies that specialize in sales roles

• Networking events and industry conferences
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Q4. What are the lead to prospect ratio in each channel?
Ans. 
Lead to prospect ratio varies by channel, typically ranging from 10:1 to 50:1.
• Lead to prospect ratio in cold calling may be 20:1

• Lead to prospect ratio in email marketing may be 10:1

• Lead to prospect ratio in social media advertising may be 50:1
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Q5. What's the conversion rate you had?
Ans. 
My conversion rate was 25%, meaning 1 out of every 4 leads resulted in a sale.
• Conversion rate is calculated by dividing the number of successful conversions by the total number of leads and multiplying by 100.

• For example, if I had 100 leads and 25 resulted in a sale, my conversion rate would be 25%.
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Q6. Detail discussion about product and rate.
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Q7. Scenario based questioning.
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Q8. Tell me your sales pitch?
Ans. 
My sales pitch focuses on highlighting the unique value proposition of our product, addressing customer pain points, and showcasing successful case studies.
• Start by identifying the customer's needs and pain points

• Highlight the unique features and benefits of our product that address those needs

• Share success stories and case studies to demonstrate the effectiveness of our solution
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Q1. Can't disclose any question
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Q2. Can't disclose any question from it.
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Q3. Can't disclose questions of interview
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Q1. About work experience
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Q1. About team structure sale improvement plans
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Q1. Geography and go to market
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Q2. Distributor management
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Q1. About my family back ground
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Q2. About my work back ground
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Q3. How to work in field
Ans. 
Working in the field involves building relationships, understanding customer needs, and effectively communicating product benefits.
• Develop strong relationships with customers to understand their needs and preferences

• Effectively communicate the benefits of your product or service to potential clients

• Regularly follow up with leads and customers to ensure satisfaction and address any concerns

• Stay organized and prioritize ...read more
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Q4. Make your sales team
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Q5. How to manage all product
Ans. 
Managing all products involves effective inventory management, sales forecasting, and product lifecycle management.
• Implement a robust inventory management system to track stock levels and prevent stockouts.

• Utilize sales forecasting techniques to predict demand and adjust inventory levels accordingly.

• Regularly review product performance and make data-driven decisions on pricing, promotions, and discontinuation.

• Collabora...read more
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