What type of sales cycle is most rewarding to you? A long
cycle for a big ticket item or a series of smaller, more
frequent sales?
Answer Posted / d.ravindran
Smaller cycle with frequent sales is better.
Even if margin is low but the numer of rotation of business
is more , then the net profit will be more .
For example , selling 10 product (rs 100 each)at 5 % profit
which gives more sales ( 4 rotation in month 40 products
(net profit rs50* 4 times = RS 200 but the investment is
only rs1000).
Selling the same 10 products (rs 100 each) at 15% ,1 time
rotation profit is RS 150( ie 25 % less net profit even
profit percentage is thrice )
Is This Answer Correct ? | 8 Yes | 1 No |
Post New Answer View All Answers
What should be the ideal sample size while conducting a survey?
Tell me about Your Past Live experience / Project
u have 8 yrs exp y u r applyed this job y ur not appled high possition job ?
How does a brand ambassador help improve the brand image of a firm?
What are your strengths and weaknesses in sales?
Tell me are you comfortable making cold calls?
What are the provisions provided to rate the customers experience?
project for education sector marketing
Sell me this object?
Discuss the steps involved in Business Research decision- making process.
Mention some of the common criticisms on marketing professionals?
How do you take challenges?
What do you like in your previous Sales Job? What sales challenge have you experienced recently?
What has been your biggest achievement in life so far?
what is your career plan