LIC Housing Finance Area Sales Manager Interview Questions and Answers

2 topics are there GDP

Q1. Eligibility method and communication skills
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Q2. Why you want to leave your current company
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Q3. What motivates you for work
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Q4. What do you know about the process for mortgage
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The mortgage process involves applying for a loan to purchase a property, undergoing a credit check, appraisal, and closing.
• Applying for a mortgage involves submitting an application with personal and financial information.

• Lenders will conduct a credit check to assess the borrower's creditworthiness.

• An appraisal is done to determine the value of the property being purchased.

• Closing involves signing the final paperwork
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Q1. Exprience was good with pnb interview
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Q1. Introduce yourself
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Q2. What was your role in previous company?
Ans. 
I was responsible for leading a team of sales representatives and driving business growth in my territory.
• Managed a team of sales representatives

• Developed and implemented sales strategies

• Analyzed market trends and competitor activity

• Met sales targets and KPIs

• Provided training and support to team members
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Q3. How is that experience relevant to this job?
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My experience in sales and team management has equipped me with the skills needed to excel in this role as an Area Business Manager.
• Successfully led a sales team to exceed targets by 20% in the previous role

• Implemented strategic sales plans to increase market share and revenue

• Managed key accounts and developed strong relationships with clients

• Demonstrated ability to analyze market trends and competitor activities to dr
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Q4. What is your ambition in life?
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Q1. Introduce yourself
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Q2. How did you come to know about this job?
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I found out about this job through a job posting on LinkedIn.
• Saw job posting on LinkedIn

• Received notification from a recruiter

• Visited the company's career page

• Heard about the job from a friend or colleague
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Q3. How is your previous experience relevant to this job?
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Q4. What is your salary expectation?
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Basic Maths, reasoning and english questions

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
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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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Q1. Sell any product like laptop??
Ans. 
I would sell a laptop by highlighting its powerful performance, sleek design, and versatility for work and entertainment.
• Highlight the laptop's fast processor and ample storage for efficient work

• Emphasize the sleek and modern design that is appealing to professionals and students alike

• Mention the versatility of the laptop for both work tasks and entertainment purposes

• Offer special promotions or discounts to entice pote...read more
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Q2. Tell me about past working experience?
Ans. 
I have 5 years of experience in sales, working for a pharmaceutical company and a tech startup.
• Worked as a Sales Executive at XYZ Pharmaceuticals, where I exceeded sales targets by 20% for 3 consecutive years

• Managed key accounts and developed strong relationships with clients

• Transitioned to a Sales Manager role at ABC Tech, where I implemented new sales strategies resulting in a 30% increase in revenue

• Trained and mento...read more
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Q1. How much business you can do
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Q2. What do a your cry
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Q1. Previous company working details
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Q1. They were asking basis details
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