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Cisco Renewals Manager certification is a testament to the individual's knowledge and expertise in the field of IT sales and renewals. It is a globally recognized certification that can help professionals to stand out in the competitive IT industry. Cisco Renewals Manager certification can open up new job opportunities, increase earning potential, and help individuals to advance their careers in the IT industry.
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Cisco Renewals Manager certification exam, also known as the 700-805 exam, is designed for professionals who want to demonstrate their expertise in managing Cisco product renewals. 700-805 exam is intended for individuals who work in sales, business development, or customer success roles, and who are responsible for managing the renewals of Cisco products and services. 700-805 Exam covers a wide range of topics related to Cisco products and services, including licensing, software renewals, and subscription management.
Cisco Renewals Manager Sample Questions (Q29-Q34):
NEW QUESTION # 29
Which statement best describes an Accelerator?
- A. An on-call service for customer support
- B. A one-on-one deep dive on network issues
- C. A hosted on-to-many educational webinar with live expert Q and A
- D. A one-on-one coaching engagement covering specific use cases
Answer: D
NEW QUESTION # 30
What should be the key driver for the Renewals Manager's decisions and recommendations during the Renewals process?
- A. customer business requirements
- B. market and industry trends
- C. upsell and cross-sell opportunities
- D. pricing and contract negotiation
Answer: A
NEW QUESTION # 31
Which discussion point helps upsell a customer?
- A. Discuss changes in the network and identify any uncovered additions to the network.
- B. Discuss your priorities and why you need the sale.
- C. Focus on how much it will cost the customer.
- D. Focus on what the customer already has covered on the network.
Answer: A
NEW QUESTION # 32
What is the primary measurement of success for a Renewals Manager?
- A. Iarr rate
- B. Renewal success rate
- C. Upsell percentage
- D. Percentage of contracts closed
Answer: B
NEW QUESTION # 33
Which statement regarding which tools can be added as value to customer and partners is invalid?
- A. Adopt on Scores which provide insight into how well customers are utilizing service and software they purchase
- B. help manage Discounts for Quoting
- C. Trusted Data Source for Hardware Refresh and Software renewal insights
- D. gain insight into new and unique business prospects for your customers and expand sales potential
Answer: B
Explanation:
The statement that is invalid regarding which tools can be added as value to customer and partners is B. help manage Discounts for Quoting. This is because discounts are not a tool, but a pricing strategy that can be used to attract or retain customers, increase sales volume, or clear inventory. Discounts are not something that can be added as value to customer and partners, but rather something that can reduce the value or profit margin of the seller. Tools that can be added as value to customer and partners are those that can help them solve their problems, improve their performance, or enhance their experience. For example, some of the tools that Cisco offers to its customers and partners are:
Adopt on Scores: This tool provides insight into how well customers are utilizing service and software they purchase from Cisco. It helps customers measure their adoption progress, identify gaps and opportunities, and optimize their outcomes.
Trusted Data Source: This tool provides hardware refresh and software renewal insights for customers and partners. It helps them plan ahead, stay current, and reduce risks.
Business Insights: This tool provides data-driven insights into new and unique business prospects for customers and partners. It helps them discover new markets, segments, or opportunities, and expand their sales potential.
NEW QUESTION # 34
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