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Sharetea Interview Questions and Answers
Ques:- What do you mean by responsive website?
Right Answer:
A responsive website is designed to automatically adjust its layout and content to fit different screen sizes and devices, providing an optimal viewing experience on desktops, tablets, and smartphones.
Ques:- How can we increase the conversion rate?
Right Answer:
To increase the conversion rate, you can optimize your website's user experience, improve the clarity of your calls-to-action, use targeted and personalized marketing, conduct A/B testing on landing pages, enhance the quality of your content, and ensure your site is mobile-friendly.
Ques:- Which Are The Most Useful Online Marketing Tools?
Right Answer:
Some of the most useful online marketing tools include Google Analytics, SEMrush, Hootsuite, Mailchimp, Ahrefs, Buffer, and HubSpot.
Ques:- Mention what are the key elements to optimize the conversion rates per PPC?
Right Answer:
The key elements to optimize conversion rates per PPC are:

1. **Targeted Keywords**: Use relevant and specific keywords.
2. **Compelling Ad Copy**: Write engaging and clear ad text.
3. **Landing Page Optimization**: Ensure landing pages are relevant, fast, and user-friendly.
4. **Call-to-Action (CTA)**: Include strong and clear CTAs.
5. **Ad Extensions**: Utilize ad extensions to provide additional information.
6. **A/B Testing**: Test different ad variations to find the most effective ones.
7. **Audience Targeting**: Refine audience targeting to reach the right users.
8. **Tracking and Analytics**: Monitor performance and make data-driven adjustments.
Ques:- What is the difference between White Hat and Black Hat SEO Practices?
Right Answer:
White Hat SEO practices are ethical techniques that follow search engine guidelines to improve website ranking, focusing on quality content and user experience. Black Hat SEO practices involve unethical techniques that violate search engine guidelines, such as keyword stuffing and link farming, aiming for quick results but risking penalties.
Ques:- What is dropshipping and how does it work
Right Answer:
Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party (usually a wholesaler or manufacturer) and has it shipped directly to the customer. This means the retailer never handles the product directly.
Ques:- What are the key components of an e commerce website
Right Answer:
The key components of an e-commerce website are:

1. User Interface (UI) and User Experience (UX) Design
2. Product Catalog
3. Shopping Cart
4. Payment Gateway
5. Order Management System
6. Customer Account Management
7. Security Features (SSL, Data Protection)
8. Mobile Responsiveness
9. Search Functionality
10. Customer Support (Chat, FAQs, Contact Information)
Ques:- Can you give an example of a successful cross-sell you’ve done in the past?
Right Answer:

In my previous role at a software company, I successfully cross-sold our project management tool to existing clients who were using our time-tracking software. By demonstrating how the two products could integrate seamlessly to improve their workflow, I was able to increase their overall productivity and generate an additional 30% in revenue from those accounts.

Ques:- Define a.) Fixed working capital b.) Variable working capital
Right Answer:
a.) Fixed working capital refers to the minimum amount of capital that a business needs to maintain its operations and cover its short-term obligations, regardless of the level of production or sales.

b.) Variable working capital refers to the amount of capital that fluctuates with the business's operational needs, such as inventory and accounts receivable, which change based on sales volume and production levels.
Ques:- What are the provisions of buy back of shares as per Companies Act, 1956?
Right Answer:
The provisions for buyback of shares as per the Companies Act, 1956 include:

1. A company can buy back its shares only if it is authorized by its articles of association.
2. The buyback must be approved by a special resolution in a general meeting.
3. The buyback should not exceed 25% of the total paid-up capital and free reserves of the company.
4. The buyback must be financed out of the company's free reserves, securities premium account, or proceeds of any shares or other specified securities.
5. The buyback must be completed within 12 months from the date of passing the resolution.
6. The company must maintain a register of shares bought back.
7. The shares bought back must be extinguished and cannot be reissued.
Ques:- How is the amount of assistance that a bank can provide for your working capital calculated?
Right Answer:
The amount of assistance a bank can provide for working capital is typically calculated using the formula: Working Capital Requirement = Current Assets - Current Liabilities. The bank assesses your business's cash flow, inventory levels, receivables, and payables to determine the appropriate financing needed to cover operational expenses.
Ques:- What is combined leverage and how do you calculate it?
Right Answer:

Combined leverage measures the total risk by considering both operating and financial leverage together. It shows how sales changes affect the company’s earnings per share (EPS).

Calculation:

Combined Leverage=Operating Leverage×Financial Leverage\text{Combined Leverage} = \text{Operating Leverage} \times \text{Financial Leverage}

Where:

  • Operating Leverage = % change in EBIT / % change in Sales

  • Financial Leverage = % change in EPS / % change in EBIT

It helps assess overall business risk related to fixed costs and debt.

Ques:- What is a questionnaire and how do you design one effectively
Right Answer:
A questionnaire is a set of written questions used to gather information from respondents. To design one effectively, follow these steps:

1. Define the objective: Clearly outline what information you want to gather.
2. Identify the target audience: Know who will be answering the questions.
3. Choose the question type: Use a mix of open-ended and closed-ended questions.
4. Keep it concise: Limit the number of questions to avoid respondent fatigue.
5. Use clear and simple language: Ensure questions are easy to understand.
6. Pilot test: Test the questionnaire with a small group to identify any issues.
7. Revise based on feedback: Make necessary adjustments before the final distribution.
Ques:- What is brand positioning and how is it evaluated through research
Right Answer:
Brand positioning refers to the process of defining how a brand is perceived in the minds of consumers relative to competitors. It involves identifying the unique value proposition and key attributes that differentiate the brand.

Evaluation through research can be done using methods such as surveys, focus groups, and market analysis to gather consumer perceptions, preferences, and behaviors. This data helps assess how well the brand is positioned in the market and whether it aligns with the target audience's needs and expectations.
Ques:- What is a target market and how do you identify it
Right Answer:
A target market is a specific group of consumers that a business aims to reach with its products or services. To identify it, you can analyze demographics (age, gender, income), psychographics (interests, values), geographic location, and buying behavior to determine the characteristics of your ideal customers.
Ques:- How do you conduct a market survey
Right Answer:
To conduct a market survey, follow these steps:

1. Define the objective: Determine what information you need.
2. Identify the target audience: Decide who you want to survey.
3. Choose the survey method: Select between online, phone, face-to-face, or mail surveys.
4. Design the questionnaire: Create clear and concise questions.
5. Collect data: Distribute the survey to your target audience.
6. Analyze the results: Review the responses and extract insights.
7. Report findings: Summarize the results and present them to stakeholders.
Ques:- What is the difference between primary and secondary research
Right Answer:
Primary research involves collecting new data directly from sources, such as surveys or interviews, while secondary research involves analyzing existing data that has already been collected by others, such as reports or studies.
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