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To become a Cisco Renewals Manager, candidates must pass the 700-805 Exam, which covers a range of topics related to Cisco contract management and renewal. These topics include understanding Cisco's licensing models, identifying customer needs and opportunities, managing contract renewals, and negotiating contract terms. 700-805 exam also tests candidates' knowledge of Cisco's sales tools, processes, and best practices for managing customer relationships and driving revenue growth.

Cisco Renewals Manager certification is a valuable certification for IT professionals who want to demonstrate their expertise in managing and renewing Cisco solutions. The Cisco 700-805: Cisco Renewals Manager exam is the certification exam for the certification and tests the individual's knowledge and skills in managing Cisco solutions. To prepare for the exam, individuals can take advantage of Cisco's training resources, including online courses, instructor-led training, and study guides.

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Cisco Renewals Manager certification is essential for individuals who are looking to enhance their career in the IT industry. Cisco Renewals Manager certification is recognized globally and is highly valued by employers. It helps individuals to gain knowledge and skills in managing the renewals process for Cisco products and services, which is a critical function in any organization that uses Cisco products. With this certification, individuals can showcase their expertise in managing the renewals process, which can lead to better job opportunities and higher salaries.

Cisco Renewals Manager Sample Questions (Q127-Q132):

NEW QUESTION # 127
What does TPV mean?

A. Total Partner View
B. Total Product Value
C. Telepresence Value
D. Total Partner Value

Answer: B

NEW QUESTION # 128
Which case represents a risk of renewal where a mitigation analysis will help obtain a more desired outcome?

A. Customer is willing to subscribe to a recommendation case to be publicly communicated.
B. There are no open incidents 30 days before renewal dates.
C. The adoption rate is 50%under the expected level and the plan is six months before the expiration date.
D. The health index of a customer is over expected targets with no red flags.

Answer: C

Explanation:
This case represents a risk of renewal where a mitigation analysis will help obtain a more desired outcome. A low adoption rate indicates that the customer is not fully utilizing the solution or deriving the expected value from it. This can lead to dissatisfaction, reduced engagement, and increased likelihood of churn. A mitigation analysis can help identify the root causes of the low adoption rate, such as lack of training, technical issues, poor fit, or misalignment of expectations. Based on the analysis, a mitigation plan can be developed and implemented to address the issues and increase the adoption rate. For example, the plan could include providing more support, education, or guidance to the customer, resolving any bugs or glitches, customizing or adjusting the solution to better suit their needs, or redefining the success criteria and metrics. A mitigation analysis and plan can help improve the customer's satisfaction, retention, and loyalty, as well as increase the chances of a successful renewal.

NEW QUESTION # 129
What support should an RM take from the CSM?

A. Book customer-service briefings.
B. Oversee the closure of contracts.
C. Communicate new greenfield opportunities.
D. Communicate value and the impact of Cisco solutions.

Answer: D

Explanation:
Communicate value and the impact of Cisco solutions to the customer
Help the customer achieve their desired outcomes and realize the full potential of their investment Provide feedback and insights on customer health, satisfaction, and adoption

NEW QUESTION # 130
What is the Customer Success Plan?

A. internal-only document that captures all account activities
B. document capturing a comprehensive view of all customer health scores
C. tool for reporting TAC cases to management
D. living repository that gathers key information, action plan, health measurement and KPIs into one actionable document

Answer: D

NEW QUESTION # 131
Which of the Cisco Security product offerings focuses on identifying abnormal or suspicious network behaviors?

A. Meraki
B. Stealth watch
C. App Dynamics
D. Tetration

Answer: B

NEW QUESTION # 132
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