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Course Careers - Sales Technology Final Exam Questions and Verified Answers Latest Updated 2024/2025 | Graded A+

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Course Careers - Sales Technology Final Exam Questions and Verified Answers Latest Updated 2024/2025 | Graded A+

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Course Careers - Sales Technology Final
Exam Questions and Verified Answers
Latest Updated 2024/2025 | Graded A+
What is a Sales Cadence? - (ANSWER)A sequence of touch-points you do to
attract your prospect to establish a connection to start an engagement or sale.



What is the Sales Process (Sales Cycle)? - (ANSWER)A set of Specific actions you
follow from start to finish to close a new customer.



What are the stages of the Sales Cycle?` - (ANSWER)Research > Outreach >
Discovery > Present > Follow Up > Close



What is a Sales Funnel? - (ANSWER)A visual representation of sales processes
with defined stages that every potential client goes through as they are led
toward a final decision.



- Give salespeople a repeatable framework of actions to follow

- Creates a baseline for comparison and forecasting



What is a CRM? - (ANSWER)A Centralized database that manages and maintains
your relationships and interactions with customers and potential customers.



Ex. Salesforce and Hubspot

,2


What is Sales Engagement? (Sales Acceleration) - (ANSWER)Tracks the
interactions and exchanges that occur between you and your prospects or
customers.



Ex. Salesloft, Hubspot Sales, Outreach



What is Sales Data Software? (Sales Intelligence) - (ANSWER)Collects and makes
sense of company info from millions of data sources to help you understand
things like organization structure. It provides on two parts of the sales data
market, Company Data and Contact Data.



Ex. LinkedIn Sales Navigator, Apollo, Zoominfo



What is Step 1 in the Research Process? - (ANSWER)Building company lists based
on your Ideal Customer Profile (ICP)



What is Step 2 in the Research Process? - (ANSWER)Building contact lists based
on buyer persona



What is Step 3 in the Research Process? - (ANSWER)Find contact info for each
contact



What is Step 3 in the Research Process? - (ANSWER)Finding relevant ways to
personalize outreach

,3


What is the Cold Calling formula? - (ANSWER)Intro > Reason > Qualify > Ask



What are the four stages of Discovery Call? - (ANSWER)Preliminaries,
Investigating, Demonstrating Capabilities, Obtaining Commitment



What is SPIN? - (ANSWER)A sales methodology developed by Neil Rackam, where
the reps organize sales calls using a question framework that touches on four
categories.



What do the acronyms in SPIN stand for? - (ANSWER)Situation, Problem,
Implication, Need-payoff



What does the S in SPIN stand for? - (ANSWER)Situation - Questions focus on
gathering facts and background



What does the P in SPIN stand for? - (ANSWER)Problem - Questions explore
customers problems, difficulties, and dissatisfaction's in areas where the sellers
products can help



What does the I in SPIN stand for? - (ANSWER)Implication - Questions take the
customers problems and explores its effects or consequences. They also help
customers understand a problems seriousness or urgency.

, 4


What does the N in SPIN stand for? - (ANSWER)Need - Questions help the
customer focus their attention on the solution rather than the problem. They get
the customer to tell you the benefits of fixing their problems.



When in the four stages of discovery calls do you use SPIN? - (ANSWER)The
Investigation stage



What is BANT? - (ANSWER)A sales qualification methodology that lets
salespeople determine whether a prospect is a good fit based on this.



What does the acronyms in BANT stand for? - (ANSWER)Budget, Authority, Need
(Using SPIN), Timeline.



What is the most important part of BANT and why should you always start with
it? - (ANSWER)Need, this determines if the customer has the need for your
product and is asked in the order of NATB



What is a Cold Email? - (ANSWER)Part of your outreach cadence. These allow you
to get in front of very important and hard-to-reach people that you would have a
hard time getting a message through with another method.



What is the Cold Email Formula? - (ANSWER)Intro (Address Them) > Reason >
Value Prop (Solution to their problem, challenge, or difficulty and why they care)
> Ask (What you want, meeting or introduction) > Closing (Sign off)

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