Territory Sales Incharge Interview Questions and Answers for Freshers

20% profit

• Profit = Selling price - Cost price

• Profit = 10 - 8 = 2

• Profit percentage = (Profit / Cost price) x 100

• Profit percentage = (2 / 8) x 100 = 25%

To improve secondary sales figures, we can focus on increasing brand awareness, expanding distribution channels, and incentivizing retailers.

• Increase brand awareness through targeted marketing campaigns

• Expand distribution channels by partnering with more retailers and wholesalers

• Incentivize retailers with promotions, discounts, and bonuses for meeting sales targets

• Provide training and support to retailers to improve their sales techniques

• Analyze sales data to identify trends ...read more

Margin refers to the difference between sales revenue and the cost of goods sold, indicating profitability.

• Margin is calculated as (Sales Revenue - Cost of Goods Sold) / Sales Revenue.

• A higher margin indicates better profitability; for example, a 40% margin means 40 cents profit per dollar sold.

• Margins can vary by industry; for instance, software companies often have higher margins than retail.

• Understanding margin helps in pricing strategies and assessing business performance...read more

Profit is the financial gain after subtracting expenses from revenue, indicating business success.

• Profit = Revenue - Expenses. For example, if a company earns $100,000 and incurs $70,000 in costs, the profit is $30,000.

• Types of profit include gross profit (revenue minus cost of goods sold) and net profit (total revenue minus total expenses).

• Profit margins indicate profitability; a higher margin means more profit per dollar of sales. For instance, a 20% margin on $100,000 sale...read more