Red Bull AM - Finance & Accounts Interview Questions and Answers

Some strategies to increase market share include focusing on customer retention, expanding into new markets, improving product offerings, and implementing effective marketing campaigns.

• Focus on customer retention by providing excellent customer service and loyalty programs

• Expand into new markets by conducting market research and identifying opportunities for growth

• Improve product offerings by staying updated on industr...read more

Increasing sales on a product-wise basis involves analyzing customer preferences, improving marketing strategies, and enhancing product features.

• Analyze sales data to identify top-selling products and focus on promoting them more effectively.

• Conduct market research to understand customer needs and preferences for each product.

• Improve product packaging, pricing, and features based on customer feedback and market trends.

• ...read more

Sales involves the process of selling products or services to customers in order to generate revenue for a business.

• Sales is the process of identifying potential customers, understanding their needs, and persuading them to purchase a product or service.

• It involves building relationships with customers, negotiating prices, and closing deals.

• Sales professionals often use techniques such as cold calling, networking, and p...read more