How will you justify the product cost to the prospect?

Question Posted / guest

2 Answers
5780 Views
T3 Softwares, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

How will you justify the product cost to the prospect?..

Answer / tanvi kochar

its important to understand the question first

It is how we are going to convince our customers about the price of the product that we are selling

it is quite clear that a high price i associated to products that are either high in terms of their quality or are associated with luxury.

so if we want to convince our customers as to why we have priced the product as high as ours .. we will do it by attaching some emotional and status points with the product

like for eg: Our product is among the Top most brands which will enahnce your image in the society

the brand promises a high quality and alo gives you certain guarantees which you won't get with any other brand

Is This Answer Correct ?

5 Yes

2 No

How will you justify the product cost to the prospect?..

Answer / muralikrishna.kommineni

ever business man wants the prospect,but it is depend on
the product cost.because some time the sales of product is
effected by the product cost.if the product cost is high
the sales of the product is decreased.some times it is
propotinal to the cost.some times it is indirect propotinal
to thecost.

Is This Answer Correct ?

0 Yes

3 No

Post New Answer

More Marketing Sales Interview Questions

what do you mean by cold,warm,hard call?

2 Answers

6.5% of NEW ESIC DEDUCTION IS ON BASIC SALARY LIKE IT HAPPENS IN P.F. DEDUCTION OR ON GROSS SALARY

0 Answers

why cant u take up your own family business, why do u want to work for salary?

2 Answers

what are 4p's of marketing.

6 Answers Coca Cola, TATA, Unilever,

send me last two yeear question

0 Answers

As a Team Leader, what is your contribution for your team?

25 Answers Consultancy, IBM, Infosys, WNS,

What do you like and dislike about the sales process and why?

2 Answers

hai this is raghu i'm working in 4wheeler automobile company as a sales consultant ,can anyone tell me how to handle the custamer at first visit & how to close the deal ? plz tell me anyone how to overcome this problems ? my mail id is " raghu.thinksnew@gmail.com" send any suggestions to this mail id

0 Answers

What is your area of development ??

0 Answers

why did you choose MBA(in finance), while your graduation was B.Sc (in math)

0 Answers

if company is not giving the proper service to dealers then how you solve the problem

3 Answers FMCG,

The word target holds an important meaning in the career of a person who has opted for a sales and marketing job. What is your opinion?

0 Answers

For more Marketing Sales Interview Questions Click Here