Milkbasket Business Development Executive Interview Questions and Answers for Experienced

To make development business, focus on building relationships, identifying market needs, and delivering quality solutions.

• Build strong relationships with potential clients and partners

• Identify market needs and tailor solutions to meet those needs

• Deliver high-quality solutions that exceed expectations

• Stay up-to-date with industry trends and technologies

• Invest in marketing and advertising to increase visibility

• Offer comp

Good knowledge of competitor brands is essential for effective business development.

• Having knowledge of competitor brands helps in identifying market trends and customer preferences.

• It also helps in developing strategies to differentiate our brand from competitors.

• For example, if we know that a competitor brand is known for its affordability, we can focus on highlighting the quality of our product instead.

• It also helps...read more

To convince an angry customer, listen to their concerns, empathize with their situation, apologize for any inconvenience caused, offer a solution, and follow up to ensure satisfaction.

• Listen actively to the customer's complaints and let them vent their frustrations

• Empathize with their situation and acknowledge their feelings

• Apologize for any inconvenience caused and take responsibility for the issue

• Offer a solution tha...read more

Handling objections involves active listening, empathizing with the customer, addressing concerns, providing solutions, and closing the sale.

• Listen actively to understand the objection

• Empathize with the customer's concerns

• Address the objection directly and provide relevant information or solutions

• Ask probing questions to uncover the root cause of the objection

• Handle objections confidently and professionally

• Close the sa

Tracxn is a startup research platform providing insights on emerging companies and sectors.

• Tracxn helps businesses make informed decisions by providing data-driven insights on emerging companies and sectors.

• Tracxn's platform offers comprehensive coverage of startups across various industries and geographies.

• I am interested in Tracxn because of its innovative approach to startup research and its potential to help busine...read more

To sell a product at a higher price than the market price, focus on highlighting the unique value proposition and benefits it offers compared to competitors.

• Emphasize the product's superior quality, features, or performance.

• Highlight the added value or additional services that come with the product.

• Demonstrate how the higher price translates into long-term cost savings or increased profitability for the buyer.

• Leverage ...read more

Identify the root cause of the issues and provide tailored solutions to address each one.

• Listen actively to the buyer's concerns and ask clarifying questions to fully understand the issues.

• Analyze the situation to identify the root cause of the issues.

• Provide tailored solutions to address each issue, prioritizing the most pressing ones first.

• Follow up with the buyer to ensure that the solutions provided have resolved t...read more

To create new WOD and encourage old for more order, focus on member feedback, variety, and community involvement.

• Gather feedback from members on what types of workouts they enjoy and what they want to see more of

• Incorporate variety in the workouts to keep members engaged and interested

• Encourage community involvement by hosting events and challenges that incorporate the WODs

• Recognize and reward members who consistently ...read more

My expected salary is competitive based on my experience and skills. I am confident in achieving monthly targets through strategic planning and strong networking.

• Expected salary is based on industry standards and my qualifications

• Monthly target will be achieved through strategic planning and networking

• Confident in meeting and exceeding targets based on past performance

B2B stands for Business-to-Business. It refers to transactions or interactions between two businesses rather than between a business and a consumer.

• B2B involves the exchange of goods, services, or information between two businesses.

• It typically involves larger order quantities and longer sales cycles compared to B2C (Business-to-Consumer).

• Examples include a manufacturer selling products to a retailer, a software compan...read more