PhonePe Senior Business Development Manager Interview Questions and Answers

Q1. Introduction abt yourself
Ans. 
Experienced business development executive with a proven track record of driving revenue growth and building strong client relationships.
• Over 5 years of experience in business development roles

• Successfully increased sales by 30% in previous position

• Skilled in identifying new business opportunities and negotiating contracts

• Strong communication and interpersonal skills

• Bachelor's degree in Business Administration
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Q2. Demo how to convince a customer to buy the product
Ans. 
To convince a customer to buy the product, highlight the benefits, address their needs, provide social proof, and offer a special promotion.
• Highlight the key benefits of the product that meet the customer's needs

• Address any concerns or objections the customer may have

• Provide social proof such as testimonials or case studies to build credibility

• Offer a special promotion or discount to incentivize the purchase
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Q1. Brief abt the company
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Q1. Can you provide some basic details about yourself?
Ans. 
Experienced sales professional with a proven track record in territory management and exceeding sales targets.
• Over 5 years of experience in sales, with a focus on territory management

• Consistently exceeded sales targets by 20% or more in previous roles

• Strong relationship-building skills with clients and colleagues

• Proficient in CRM software and sales analytics tools
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Q2. Academics and degree certificate
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Q3. Can you describe your experience at your previous organization?
Ans. 
I have 5 years of experience in territory sales management at a Fortune 500 company.
• Successfully exceeded sales targets by 20% each quarter

• Managed a team of 10 sales representatives and provided training and support

• Developed and implemented strategic sales plans to penetrate new markets

• Built strong relationships with key clients and increased customer retention rates
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Q4. What are the three rounds conducted by the managers during the interview process?
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Q5. Salary negotiation
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Q1. About Yourself and Experience
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Q2. Last Job role and Responsibilities
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Q3. Sales Questions and Salary Discussion
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Q1. How to handle market
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Q2. How to manage recruit your team
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Q1. Tell me about yourself.
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Q2. Tell me about your family background.
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Q1. Basic details of you
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Q2. About exp and education
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Q1. Verification about your exp and graduation
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Q2. Salary discussion
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Maths

Q1. Previous work experience, roles and responsibilities
Ans. I have shared my experience how my entire journey has been in my x company, my achievements
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Quantitative
Logical
Grammar

Q1. What is mutual funds?
Ans. 
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities.
• Mutual funds are managed by professional fund managers.

• Investors buy shares in the mutual fund, which represents their ownership in the fund's assets.

• The fund's assets are invested in a variety of stocks, bonds, or other securities.

• Investors benefit from the diversification and expertise of th...read more
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Q2. I gave a brief
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Q1. How long will you work for the company?
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