Patanjali Ayurved Interview Questions, Process, and Tips

Sales & marketing involves promoting and selling products or services to customers.

• Sales involves identifying potential customers, making sales pitches, and closing deals.

• Marketing involves researching and understanding customer needs, developing marketing strategies, and promoting products or services through advertising, branding, and other tactics.

• Successful sales and marketing requires strong communication skills, ...read more

Primary sales refer to sales made directly to the end customer, while secondary sales refer to sales made by the retailer to the end customer.

• Primary sales involve the manufacturer selling directly to the end customer

• Secondary sales involve the retailer selling to the end customer

• Primary sales are usually higher in value than secondary sales

• Primary sales are important for manufacturers to establish their brand and mark...read more

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A class outlet refers to a retail store that meets certain standards of quality and service.

• A class outlets typically offer a wide range of products and services.

• They are known for their high-quality products and excellent customer service.

• Examples of A class outlets include high-end department stores, luxury boutiques, and specialty shops.

• These outlets often have a loyal customer base and are known for their upscale a...read more

Distributor and retailer margin can be calculated by subtracting the cost of goods sold from the selling price.

• Distributor margin is the difference between the price at which the distributor purchases the product and the price at which they sell it to the retailer.

• Retailer margin is the difference between the price at which the retailer purchases the product from the distributor and the price at which they sell it to t...read more

Coverage refers to the geographical area where a product or service is available, while population refers to the number of people in that area.

• Coverage is the extent to which a product or service is available in a particular area.

• Population refers to the number of people living in a particular area.

• Coverage and population are important factors to consider when developing a sales strategy.

• For example, a company may have...read more

Food tech is the application of science and technology to improve the production, processing, preservation, and packaging of food.

• Food tech involves the use of various technologies to improve food production, processing, preservation, and packaging.

• It includes areas such as food safety, food engineering, food chemistry, and food microbiology.

• Examples of food tech innovations include genetically modified crops, food irr...read more

ROI stands for Return on Investment. It is a financial metric used to measure the profitability of an investment relative to its cost.

• ROI is calculated by dividing the net profit of an investment by its initial cost and expressing it as a percentage.

• It helps businesses evaluate the efficiency and profitability of their investments.

• A higher ROI indicates a more successful investment, while a lower ROI suggests a less pr...read more