QTC Academy Session - 4 (Quiz-1)
Sales Pricing Strategy Quiz
Test your knowledge on pricing strategies with our engaging quiz! Designed for sales professionals, this quiz will help you understand the best practices for implementing various pricing models in subscription services.
- 6 Multiple Choice Questions
- 1 Name Entry
- Comprehensive Feedback
Company require the ability for Sales Reps to be able to use a ramped pricing strategy, but by default the pricing should not be ramped. Which is the appropriate setting on the Product to accomplish this?
Set the Default Pricing Table to Segmented & create a Pricing Dimension on the Product.
Set the Default Pricing Table to Segmented.
Set the Default Pricing Table to Standard.
Set the Default Pricing Table to Standard & create a Pricing Dimension on the Product.
Company sell a monthly subscription service that is offered to their clients with a ramp option. This Subscription is priced with a setup fee, an installation fee, and a recurring fee. Which set of actions would meet these requirements?
Create three products to represent the setup fee, the installation fee and monthly fee, each with a monthly price dimension, and combine them into a bundle.
Create a single product with 3 monthly price dimensions.
Create a single product with 2 one-time price dimensions & 1 monthly price dimension.
Create a single product with 2 monthly price dimensions & 1 one-time price dimension.
Company sell a monthly subscription service with tiered pricing. Which pricing method should the admin select for this service?
Block
€¯List
Segmented
Tiered
Which is not a Price Dimension type out of these?
Yearly
Weekly
Quaterly
Custom
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