South Indian Bank Sales Manager Interview Questions, Process, and Tips

The current target is to increase sales by 20% compared to last quarter.

• Current target is to increase sales by 20%

• Target is compared to last quarter's performance

• Focus on achieving specific sales goals and metrics

Various sourcing channels include job boards, social media, employee referrals, recruitment agencies, and networking events.

• Job boards such as Indeed, Glassdoor, and LinkedIn

• Social media platforms like Facebook, Twitter, and Instagram

• Employee referrals from current staff members

• Recruitment agencies that specialize in sales roles

• Networking events and industry conferences

Lead to prospect ratio varies by channel, typically ranging from 10:1 to 50:1.

• Lead to prospect ratio in cold calling may be 20:1

• Lead to prospect ratio in email marketing may be 10:1

• Lead to prospect ratio in social media advertising may be 50:1

My conversion rate was 25%, meaning 1 out of every 4 leads resulted in a sale.

• Conversion rate is calculated by dividing the number of successful conversions by the total number of leads and multiplying by 100.

• For example, if I had 100 leads and 25 resulted in a sale, my conversion rate would be 25%.

My sales pitch focuses on highlighting the unique value proposition of our product, addressing customer pain points, and showcasing successful case studies.

• Start by identifying the customer's needs and pain points

• Highlight the unique features and benefits of our product that address those needs

• Share success stories and case studies to demonstrate the effectiveness of our solution