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Lifestyle
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Lifestyle Business Manager Interview Questions and Answers
Lifestyle Business Manager Interview Experiences
2 interviews found
Mohd Shahbuddin Khaja
(4 Questions)
- Q1. Details of previous experience
- Q2. Job role and learnings.
- Q3. Family background and your educational background.
- Q4. Achievements during your previous jobs
Personality assessment.
Interview Preparation Tips
skilledcupid
Selected
I applied via Naukri.com and was interviewed before Feb 2022. There were 4 interview rounds.
(3 Questions)
- Q1. What is your pvt lable share?
- Ans.
My private label share is 25%.
My private label share refers to the percentage of products I sell under my own brand name.
I have a 25% private label share, meaning that a quarter of my products are sold under my own brand.
This allows me to differentiate my products from competitors and potentially earn higher profit margins.
For example, if I sell 100 products, 25 of them would be sold under my private label brand.
- Q2. What is the market mix of Shoppers Stop Vs Lifestyle
- Ans.
Shoppers Stop and Lifestyle have different market mixes.
Shoppers Stop focuses on premium and luxury brands while Lifestyle offers a mix of affordable and premium brands.
Shoppers Stop has a larger presence in metro cities while Lifestyle has a wider reach in tier 2 and tier 3 cities.
Shoppers Stop has a loyalty program called First Citizen while Lifestyle has a similar program called Lifestyle Privilege.
Shoppers Stop has...
- Q3. Why should you have personal shoppers ?
(2 Questions)
- Q1. What should you do to increase Pvt lable share in Lifestyle?
- Ans.
To increase Pvt label share in Lifestyle, focus on product differentiation, targeted marketing, and strategic partnerships.
Develop unique products that cannot be found elsewhere
Create targeted marketing campaigns to reach specific demographics
Partner with influencers or other brands to increase visibility and credibility
Offer exclusive deals or promotions to incentivize customers to choose private label products
Invest ...
- Q2. Why should I hire you? If hired what changes will you bring in?
(3 Questions)
- Q1. What are the kind of people issues have you faced
- Q2. How did you resolve the biggest people issue that you had faced?
- Q3. What are the initiatives you have taken for people
Interview Preparation Tips
* If you do not know, you don't know - Don't try to manage
* Know about the company in prior before the interview
* Know the vision & values of the company
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Interview questions from similar companies
Anonymous
I applied via Referral and was interviewed before Dec 2019. There were 4 interview rounds.
Interview Questionnaire
3 Questions
- Q1. As per experience, No question are were asked in simple manners, because retail life is not at all simple.
- Q2. For answering to any questions, You need to be very cool and calm. Because you will get, if and but. I hope you understand, exactly what I mean to say. But basic rules is being confidence. No matter what ...
- Q3. If ebita is down, what is basic plans, stores conversion is down, IPCm, ATS, DOWN. ---MY ANSWER IS TO GET BASIC RIGHT, REST ALL THE KPI WILL BE FULL FILLED AUTOMATICALLY. Staff to staff marking is very mu...
- Ans.
To address the issue of declining EBITA and store conversion, focus on improving basic operations and key performance indicators (KPIs).
Ensure basic operations are running smoothly
Identify and address any issues affecting store conversion
Improve IPCm (Items Per Customer) and ATS (Average Transaction Size)
Prioritize staff training and development
Motivate and engage the team to enhance performance
Implement strategies to ...
Interview Preparation Tips
I applied via Referral and was interviewed before Jan 2021. There were 2 interview rounds.
(3 Questions)
- Q1. Tell me something about yourself
- Q2. What is the size of your current store
- Ans.
The size of my current store is approximately 10,000 square feet.
The store has a sales floor of 8,000 square feet.
The remaining space is used for storage and office areas.
We carry a wide variety of products, including clothing, electronics, and home goods.
The store is located in a busy shopping center with ample parking.
We typically have 10-15 employees working at any given time.
- Q3. How many people work under you
(2 Questions)
- Q1. Which brand sells better Apple or Samsung in Mobiles
- Ans.
Apple sells better than Samsung in mobiles.
Apple has a loyal customer base and a strong brand image.
Samsung faces tough competition from other Android phone manufacturers.
Apple's iPhone sales consistently outperform Samsung's Galaxy sales.
Apple's premium pricing strategy also contributes to higher sales revenue.
- Q2. Which Size Tv gives maximum revenue
- Ans.
The size of TV that gives maximum revenue depends on the target audience and the store's location.
The size of TV that gives maximum revenue may vary depending on the target audience. For example, a store located in a college town may sell more smaller TVs to students living in dorms.
The store's location can also play a role in determining the size of TV that gives maximum revenue. For example, a store located in a weal...
Interview Preparation Tips
I applied via Approached by Company and was interviewed before Jul 2021. There were 3 interview rounds.
Normally General knowledge
(1 Question)
- Q1. Experience & expectations
Interview Preparation Tips
I applied via AmbitionBox and was interviewed before Aug 2021. There was 1 interview round.
(3 Questions)
- Q1. Why are you searching for higher growth and other factors
- Q2. Better operations and bright future there's are basic & fundamental facts for each every one
- Q3. Why are you going now
Interview Preparation Tips
I applied via Referral and was interviewed before Aug 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. About store P&L, previous company profile, personal information
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Sep 2020. There were 3 interview rounds.
Interview Questionnaire
3 Questions
- Q1. Components of P&L?
- Ans.
P&L stands for Profit and Loss. It consists of revenue, cost of goods sold, gross profit, operating expenses, and net profit.
Revenue: the income generated from sales
Cost of goods sold: the cost of producing or purchasing the products sold
Gross profit: revenue minus cost of goods sold
Operating expenses: expenses incurred in running the business
Net profit: gross profit minus operating expenses
Example: A store's revenue i...
- Q2. How to control the Dump & Shrink?
- Ans.
Dump & Shrink can be controlled by implementing proper inventory management techniques.
Regularly monitor inventory levels and adjust ordering accordingly
Implement a first-in, first-out (FIFO) system to prevent expired products
Train employees on proper inventory handling and storage techniques
Conduct regular inventory audits to identify and address any issues
Analyze sales data to forecast demand and adjust inventory lev
- Q3. SAP knowledge
Interview Preparation Tips
Skills evaluated in this interview
I applied via Company Website and was interviewed in Aug 2021. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. All about KPI
- Q2. Over all Responsibilities
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Oct 2020. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. About P&L ,Dump and Shrinkage?
- Q2. About Retail, Inventory?
Interview Preparation Tips
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Lifestyle Business Manager Interview Process
based on 2 interviews
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