Kores Sales Executive Interview Questions and Answers for Experienced

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

To calculate landing price to retailer and distributor on mark up basis, determine the cost price and apply the desired mark up percentage.

• Determine the cost price of the product

• Decide on the desired mark up percentage for the retailer and distributor

• Calculate the mark up amount by multiplying the cost price with the mark up percentage

• Add the mark up amount to the cost price to get the selling price

• The selling price is...read more

The lctr for other brands at 15% markup margin would depend on their cost of production and desired profit margin.

• Calculate the cost of production for each brand

• Add 15% markup margin to the cost of production

• Subtract the cost of production from the selling price to get the lctr

• Example: If the cost of production for Brand A is $50, the selling price would be $57.50 (15% markup). If the selling price is $70, the lctr wou