HDFC Sales Business Development Interview Questions, Process, and Tips

Business requirements are the needs and expectations of a company to achieve its goals and objectives.

• Business requirements are specific and measurable

• They can include financial goals, customer satisfaction, and employee retention

• They are often influenced by external factors such as market trends and competition

• Examples of business requirements include increasing sales revenue by 10%, reducing customer complaints by 20

Planning is the process of setting goals, defining strategies, and outlining tasks to achieve those goals.

• It involves identifying objectives and determining the resources needed to achieve them.

• It helps in anticipating potential problems and finding solutions to them.

• It is an ongoing process that requires regular review and adjustment.

• Examples include creating a business plan, developing a marketing strategy, or planni

Pricing refers to the process of determining the value of a product or service and setting a monetary amount for it.

• Pricing involves analyzing market trends, competition, and production costs.

• It is important to consider the perceived value of the product or service to the customer.

• Pricing strategies include cost-plus pricing, value-based pricing, and dynamic pricing.

• Pricing can be adjusted based on factors such as seas...read more

Sales department requirements include strong communication skills, product knowledge, customer service, and goal-oriented mindset.

• Strong communication skills to effectively communicate with customers and team members

• Product knowledge to understand the features and benefits of the products being sold

• Customer service skills to provide excellent service and build relationships with customers

• Goal-oriented mindset to meet s...read more