How can whitespace analysis improve a sales representative's account management strategy?
A. Analyzes contract length and segment to identify retention opportunities.
B. Identifies key stakeholders and decision makers to nurture relationships.
C. Determines current products and opportunities to sell additional products.
Leadership at Universal Containers is pressuring sales representatives to maintain a healthy pipeline, Which best practice can the sales reps use to satisfy management?
A. Rely on marketing to identify and qualify inbound deals.
B. Keep dead deals open and move the next touchpoint dates forward.
C. Routinely scrub pipeline records and consistently disposition deals.
A company is struggling to acquire new customers. After careful analysis, it realizes its value proposition is not resonating with potential customers, so it develops a new value proposition.
Which metric should the company use to track the effectiveness of the new value proposition?
A. Lead quality score
B. Customer satisfaction score
C. Lead conversion rate
In addition to learning more about customers, what does customer-centric discovery allow a sales representative to do?
A. Present pricing and contracts as quickly as possible.
B. Pitch a product regardless of the customer's need.
C. Co-create strategies based on confirmed challenges.
A sales representative is aware of an upcoming end-of-contract period for a key customer.
How should the sales rep adapt their sales activities to address this change?
A. Wait for the contract to expire before engaging with the customer.
B. Focus on finding new customers to replace the potentially last contract.
C. Proactively engage with the customer to renew or expand the contract.
A sales representative qualifies a prospect before moving to the next stage of the sales process.
What key factors should a sales rep consider when assessing the probability of winning the business?
A. Social media presence, website design, and customer reviews
B. Location, number of employees, and market segment
C. Approved budget, authority, business need, and timing
How many days are recommended between calls when reaching out to contacts at strategic accounts?
A. Two business days
B. Four business days
C. Twenty-five business days
A sales representative clarifies how a specific customer will benefit from the solution proposed.
Which part of a solution unit is the sales rep using?
A. Application
B. Fact
C. Benefit
After a number of meetings and conversations, a sales representative is invited to pitch to a prospective customer.
How should the sales rep build credibility with the prospect to better their chances of a successful pitch?
A. Base the pitch on what the prospect has explicitly told them in previous conversations.
B. Base the pitch on the sales rep's company's proven, most successful product lines.
C. Base the pitch on discovery research into the prospect's customers' challenges.
A sales representative is given an objection and shows respect for the customer's opinion.
What level of listening is the sales rep leveraging?
A. Attentive
B. Selective
C. Empathetic