ITC LABS Interview Questions and Answers

Competitor market positioning is based on crop and area-wise analysis to understand their strengths and weaknesses.

• Competitor market positioning varies based on the type of crop they focus on and the geographical areas they operate in.

• Competitors may have a strong presence in certain crops or regions, giving them a competitive advantage.

• Analyzing competitor market positioning helps in identifying opportunities for grow...read more

Developing the market for a new product launch involves conducting market research, creating targeted marketing strategies, building relationships with key stakeholders, and continuously evaluating and adjusting tactics.

• Conduct thorough market research to understand the target audience, competition, and market trends

• Create targeted marketing strategies that highlight the unique selling points of the new product

• Build re...read more

Handling complaints involves active listening, empathy, problem-solving, and effective communication.

• Listen actively to the customer's complaint without interrupting.

• Show empathy and understanding towards the customer's concerns.

• Apologize for any inconvenience caused and assure the customer that their issue will be resolved.

• Offer a solution or alternative to address the complaint.

• Follow up with the customer to ensure t...read more

In the next 5 years, I see myself excelling in my role as a Territory Sales Manager, leading a successful team, and achieving significant growth in sales.

• Continuing to exceed sales targets and KPIs

• Developing strong relationships with key clients and stakeholders

• Mentoring and coaching junior team members

• Exploring opportunities for professional development and advancement within the company