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| Section | Objectives |
|---|
| Cisco Tools and Platforms | - Cisco ordering and subscription management tools - Partner and quoting systems
|
| Renewals and Subscription Lifecycle | - Renewal lifecycle stages and timelines - Cisco subscription models and licensing basics
|
| Customer Success and Value Realization | - Customer adoption and success planning - Value tracking and expansion opportunities
|
| Commercial and Contract Fundamentals | - Contract terms and compliance basics - Renewal pricing and discount structures
|
| Renewal Sales Process | - Renewal opportunity management - Forecasting and pipeline management
|
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Cisco Renewals Manager Sample Questions (Q43-Q48):
NEW QUESTION # 43
Which business benefit of on-time renewals on Cisco products and services is valid?
- A. Acess to training programs and material
- B. Exclusive relationship with the customer
- C. Rebates and discounts from Cisco
- D. Ability to ensure that our TAC cases get priority over others
Answer: D
NEW QUESTION # 44
Which is the first step in a solutions-led sales approach?
- A. present quote to customer
- B. examine previous purchases
- C. understand the customer's objectives
- D. identify the latest technology release
Answer: C
Explanation:
a solutions-led sales approach is:
* A sales methodology that focuses on understanding the customer's business needs, challenges, and objectives
* A consultative process that involves discovering, proposing, validating, and closing solutions that deliver value and outcomes for the customer
* A way of differentiating Cisco and partners from competitors by offering integrated solutions that leverage Cisco's portfolio and expertise
* The first step in a solutions-led sales approach is to understand the customer's objectives, which includes:
* Asking open-ended questions to uncover the customer's pain points, goals, and priorities
* Listening actively and empathetically to the customer's responses
* Confirming and summarizing the customer's objectives and expectations References: 2: Solutions-Led Sales Approach - Cisco
NEW QUESTION # 45
How does a Renewals Manager work with a Customer Success Manager and other Customer Success roles?
- A. by delegating all tasks to them
- B. by overseeing the team's performance and providing feedback
- C. by ensuring everyone works in clear silos with minimal interaction
- D. by collaborating to understand customer goals and satisfaction
Answer: D
NEW QUESTION # 46
What does a high Renewal Rate indicate about the performance of a Renewals Manager?
- A. The Renewals Manager is successful at attracting new customers.
- B. The Renewals Manager is proficient at technical troubleshooting.
- C. The Renewals Manager is skilled at increasing company OPEX.
- D. The Renewals Manager is effective in retaining customers.
Answer: D
NEW QUESTION # 47
What is the main purpose of CCW-R?
- A. to allow customers and partners to download renewal data
- B. to capture partner and customer bill ng preferences
- C. to allow customers and partner store new software subscriptions and service contracts from one tool
- D. to factor customer ATR, up sell and attrition
Answer: C
NEW QUESTION # 48
......
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