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chubhunter [2.5K]
3 years ago
9

How can a company salesperson help with product development

Business
1 answer:
Citrus2011 [14]3 years ago
8 0

Answer:

Salespeople serve on your business’s front line. In their active, client-facing role, what they learn from current and potential customers can help make a company better. They often hear brilliant business ideas from the customers they aim to serve. Using their knowledge, sales teams can help their employers build better, more profitable, and popular products.

In treating their relationships with marketers as more collaborative than competitive, salespeople form value-added alliances that improve the quality and quantity of leads, thus increasing overall sales. By sharing insights gleaned from interactions with customers, sales teams can partner with engineers and product managers to drive customer satisfaction and product innovation. To have a lasting impact on their company’s approach to marketing and contribute to product development, here are five things salespeople must do.

Organizations should be open with internal data. Employees armed with sensitive information are empowered to accomplish more at their jobs. Whenever possible, sales reps should share critical sales-related performance metrics with product engineers and marketers.

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Dimon Products' sales are expected to be $5 million this year, with 90% on credit and 10% for cash. Sales are expected to grow a
spin [16.1K]

Answer:

given statement is false

Explanation:

increase in sale = 10 %

so here total sale is

sale = $5 million + 10%

sale = $5.5 million

and

cash sale is

cash sale = $5.5 million × 90%

cash sale = $4.95 million

so

credit sale is here as

credit sale = $5.5 million - $4.95 million

credit sale = $0.55 million

so here credit sale 0.5 million increased to 0.55 million

so 10% increase

hence regardless increase in cash sale is increase

so given statement is false

4 0
4 years ago
The Pineapple Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for 2 years, after w
jek_recluse [69]

The best estimate of the current stock price is $48.31.

<h3>What is dividend?</h3>

Dividend refers to the profit earned after reducing all the expenses and the cost. The dividend is the money distributed to the stakeholders by the company.

According to the above case, The pineapple Company earned the dividend of $1.75 and growth rate is constant at the rate of 25% for 2 years.

The best price estimate of the current stock =                                                                        =[$1.75(1.25)2(1.06)]/(0.12-0.06)

= $48.31.

The best estimate of the current stock price is  $48.31.

Learn more about Dividend here:

brainly.com/question/17307451

#SPJ1

3 0
2 years ago
The total payroll of trolley company for the month of october was 960000 of which 180000 represented amounts paid to certain emp
vivado [14]

Answer:

$68,760  

Explanation:

The computation of the payroll expense is shown below:

FICA taxes ($960,000 - $180,000) × (7.65% - 1.45%) $48,360

Medicare ($960,000 × 1.45%)                                       $13,920

State unemployment tax {($960,000 - $600,000) × 1%}  $3,600

Federal unemployment tax {($960,000 - $600,000) × 0.80%} $2,880

Total                                                                                  $68,760  

6 0
3 years ago
More and more companies are increasing their interactive marketing budgets. most of this investment will be made in:
Zina [86]

Search marketing (such as search engine optimization/SEO) and display advertising.  

5 0
3 years ago
Suppose the domestic price (without international trade) of copper is $1.20 per pound in the United States while the world price
Jlenok [28]

If  the world price is $1.00 per pound. Assuming the small-country model is applicable and no transportation costs, the United States will import copper.

<h3>What is import?</h3>

Import can be defined as the process of bringing in goods produce in another country into your own country so as to sale them in your own country.

Since the world price is $1.00 per pound and United states price is $1.20. If no transportation cost importing copper into United state will be the best choice as this will help to lower cost.

Therefore  assuming the small-country model is applicable and no transportation costs, the United States will import copper.

Learn more about import here:brainly.com/question/536549

4 0
2 years ago
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