HDFC Sales Sales & Marketing Interview Questions, Process, and Tips

Sales is the process of persuading and convincing potential customers to purchase a product or service.

• Sales involves identifying and understanding customer needs and wants.

• It requires effective communication and negotiation skills.

• Salespeople use various techniques such as product demonstrations, presentations, and persuasive arguments.

• Sales can be conducted through different channels like direct selling, telemarketin...read more

A bank is a financial institution that accepts deposits from the public and creates credit.

• Banks offer various financial services such as loans, credit cards, and savings accounts.

• They also provide investment services like mutual funds and stocks.

• Banks are regulated by government agencies to ensure their stability and safety.

• Examples of banks include JPMorgan Chase, Bank of America, and Wells Fargo.

Banks can sell various types of products depending on their focus and target market.

• Banks can sell deposit products such as savings accounts, checking accounts, and certificates of deposit.

• They can also sell loan products such as personal loans, auto loans, and mortgages.

• Investment products such as mutual funds, stocks, and bonds can also be sold by banks.

• Insurance products such as life insurance, health insurance, and...read more

One benefit of a bank is providing a safe place to store money.

• Banks offer FDIC insurance to protect deposits

• Customers can access their money through ATMs and online banking

• Banks can provide loans and credit to customers

• Banks can offer investment opportunities such as CDs and mutual funds