Nowfloats Technologies Senior Bdm Manager Interview Questions and Answers

Q1. HR would tell you the job requirement and make you comfortable how to proceed further
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You need to share your exp with actual examples you've been through

Q1. Here, you'll get to know your KRA and expectations from you
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Q1. Aap kiskey relative ya reference ho ?
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Q2. How early you can join ?
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Q1. About you role in previous company and domain knowledge
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Q2. Buttering karini hogi kar sakoge ?
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Q1. Tell me about yourself.
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Q1. Reason for job change
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Q2. What is the current role
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Q3. What is the Notice period
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Q1. Experience in the field
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Q2. Closure percentage
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Q1. Asked to create and give presentation on the book they had shared.
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Q1. Expected salary
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Q2. What are the issue of mfg companies
Ans. 
Manufacturing companies face various issues that can impact their operations and profitability.
• Supply chain management challenges

• Quality control and product defects

• Increasing competition and market saturation

• Rising production costs

• Technological advancements and automation

• Environmental regulations and sustainability

• Workforce management and skill gaps
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Q3. Closure percentage rate.
Ans. 
Closure percentage rate is the measure of the success rate in closing sales deals.
• Closure percentage rate is calculated by dividing the number of closed sales deals by the total number of sales opportunities and multiplying by 100.

• A high closure percentage rate indicates a strong sales team and effective sales strategies.

• A low closure percentage rate may indicate issues in the sales process, such as ineffective lead ge...read more
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Q4. What are the avg Deal value
Ans. 
The average deal value varies depending on the industry, product, and customer segment.
• The average deal value can be influenced by factors such as pricing strategy, market demand, and competition.

• Different sales teams may have different average deal values based on their target market and product offerings.

• It is important to analyze historical data and trends to determine the average deal value accurately.

• For example, ...read more
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Q1. About your self
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Q2. How good are you in sales with eg.
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Q1. Major closures in your current organizations
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Q2. How do you plan your day.
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Q1. Generalised task to survey nearby educational institutes
Ans. 
Survey nearby educational institutes
• Identify the target audience and purpose of the survey

• Create a questionnaire with relevant questions

• Visit educational institutes and conduct the survey

• Analyze the data and prepare a report

• Present the findings to the management
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Q2. Modelling of nearby educational institutions
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Modelling nearby educational institutions involves analyzing their strengths, weaknesses, opportunities, and threats.
• Identify the educational institutions in the area

• Analyze their academic programs and facilities

• Assess their reputation and ranking

• Evaluate their strengths, weaknesses, opportunities, and threats

• Identify potential partnership opportunities
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Q1. Previous Work Experience related questions
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Q2. How would you cope up if you are transforming from one background to another
Ans. 
When transitioning from one background to another, I would cope by leveraging transferable skills, seeking additional training or education, networking, and embracing the learning curve.
• Identify transferable skills: Assess the skills and experiences from the previous background that can be applied to the new role. For example, if transitioning from sales to business development, skills like negotiation, relationship bu...read more
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Q3. Would you be able to work on weekends in order to meet targets
Ans. 
Yes, I am willing to work on weekends to meet targets.
• I understand the importance of meeting targets and I am committed to achieving them.

• I am flexible with my schedule and can adjust to working on weekends if required.

• I have previous experience of working on weekends to meet deadlines.

• I believe in going the extra mile to ensure success in business development.
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Q4. Sometimes the weekends or week off last for 15 days too
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Q1. Previous rounds make you eligible for the job role can you just give me your personality test
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Q2. Actual numbers achieved in last organisation
Ans. 
I achieved significant growth in my last organization, increasing sales by 30% and expanding the client base by 20%.
• Increased sales by 30%

• Expanded client base by 20%

• Implemented successful marketing strategies

• Developed strong relationships with key clients

• Exceeded sales targets consistently
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Q3. Work flow and responsibilities handled in last organisation
Ans. 
In my last organization, I was responsible for managing the workflow and handling various responsibilities related to business development.
• Developed and implemented strategies to identify new business opportunities

• Managed the entire sales process from lead generation to closing deals

• Built and maintained relationships with key clients and stakeholders

• Analyzed market trends and competitor activities to identify potential...read more
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Q4. Conclude your interview in 20 words
Ans. 
I am confident that my skills and experience make me the ideal candidate for the Business Development Manager role.
• I have a proven track record of success in business development.

• I am a strategic thinker with excellent communication and negotiation skills.

• I am passionate about driving growth and achieving results.

• I am excited about the opportunity to join your team and contribute to your success.
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Q1. Salary discussion based on your last salary slip
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Q2. NDA and SLA sign up for intact information
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Q3. Document submission and offer letter signing
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Q1. Career background
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