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(Click on the questions, to get the correct answers)
- True
- False
- After you introduce yourself, ask for permission before moving forward.
- Be more explicit in the solutions you can provide.
- Find someone at the prospect’s company you know personally and reference their name.
- Don’t make any changes, this sound bite follows all of the best practices.
- A.) Ask the prospect how they feel. Use a tie-down question such as “What do you feel least confident about?”
- B.) Continue to move forward. When you try to close, you’ll learn whether or not they have bought-in.
- C.) Back up in the sales process. Find out where you lost the prospect and don’t move forward unless you are both in agreement..
- D.) A and C
- E.) A and B
The inbound sales framework includes the following stages:
- Open, connect, explore, close
- Identify, connect, explore, advise
- Attract, convert, explore, delight
- Identify, convert, explore, close
- True
- False
- Stop pitching and aim to help.
- Differentiate and target.
- Emphasize the inbound methodology.
- The inbound sales framework.
- buyer persona, target market
- target market, buyer persona
- buyer profile, target market
- buyer persona, qualified lead
Which of the following is the recommended, primary use for the prospect fit matrix?
- Determining whether or not the prospect needs your help.
- Ranking and prioritizing your list of prospects.
- Determining whether or not the prospect will buy.
- Disqualifying prospects before presenting and closing.
True or false? To use the prospect fit matrix, you must have a conversation with the prospect first.
- True
- False
- Looking to existing relationships
- Targeting by vertical
- Targeting by location
- Focusing on target accounts
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- Yes. Both the primary and secondary criteria is important in determining prospect fit, and since the company meets the majority of these, it’s a good fit.
- No. The primary criteria is the most important in determining prospect fit. Even though they meet some secondary criteria, it is unlikely to be a good fit.
- Yes. The company already wants to work with you, and as long as a prospect meets at least one of the primary fit characteristics, they’re probably a good fit.
- No. A prospect must meet all of the primary and secondary criteria to be considered a good fit.
- Looking to existing relationships
- Targeting by vertical
- Targeting by location
- Focusing on target accounts
Which of the following is NOT considered a goal of the connect call?
- Establish an initial relationship with your prospect.
- Explain what inbound is to the prospect.
- Understand your prospect’s challenges and if you’re able to help.
- Schedule the exploratory meeting.
Fill in the blank: The _______ technique is an effective way to address resistance.
- give and get
- CEO test
- power statement
- opponent-process
- Based on what they downloaded, offer another content offer.
- Start a dialogue and ask what they were looking for help with when they downloaded your ebook.
- Reference their job title on LinkedIn and explain how your organization can solve their goals.
- Try to schedule the exploratory meeting.
- No. Be respectful of your prospect and back off.
- Yes. Always come with a backup positioning statement and try again.
- No. If the positioning statement didn’t resonate with the prospect, they probably aren’t a good fit. Use this as an opportunity to politely end the call.
- Yes, but this time, use two positioning statements in a row to better your odds at finding a situation that resonates.
- Because they seem like a good fit for your organization and for an inbound retainer, agree to create the proposal.
- Instead of a proposal, offer to set up another exploratory call at a time when the rest of the team can meet.
- Suggest that you schedule a solution design and planning call instead so that you can understand their goals and put together the right activities to help them reach those goals.
- Assign homework for the team to complete. If they do the action items, create a proposal.
- True
- False
- Assign your prospect homework, like a questionnaire.
- Summarize and recap your exploratory meeting with a follow-up email.
- Schedule a solution design and planning call no later than one week after the exploratory meeting.
- Test for budget as you close the exploratory call.
- address resistance, assess fit
- address resistance, discover goals and challenges
- develop a positioning statement, develop a power statement
- develop a positioning statement, discover goals and challenges
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- No. Any time a prospect scores five or below, don’t spend more time on them.
- No. De-prioritize the prospect and spend less time and effort on them.
- Yes. If you think they might still be a good fit, you could test the prospect’s commitment by assigning more homework.
- Yes. You should assign homework to all your prospects. You might have missed something during the exploratory call, and the prospect could surprise you.
- The prospect’s cost of inaction
- The prospect’s need
- The prospect’s timing
- The prospect’s plan
- True
- False
- True
- False
What is the recommended approach to translating a prospect’s goals into measurable targets?
- Assign homework so you already have this information before the call.
- Conduct the meeting over video to make it a more personal experience.
- Wait to cover measurable targets until the prospect has your proposal to encourage them to close.
- Do the exercise via a whiteboard or spreadsheet to run through different scenarios.
By proposing the “right solution at the right time,” you’re doing what?
- Still accepting project-based work if the prospect can’t afford your retainer.
- Offering only 12-month commitments to your retainers because inbound takes time.
- Kicking off your engagement with a trial period to establish quick wins first.
- Coaching your prospect to manage inbound internally.
True or false? At some point in the sales process, you must demo the HubSpot software.
- True — the prospect is going to be purchasing a HubSpot license, so they should see what they are getting for their money.
- True — the prospect needs to see all the HubSpot tools so they can pick and choose which ones they’d like you to focus on in your services retainer.
- False — showing prospects the HubSpot software might derail the conversations to revolve around budget.
- False — it’s generally a good idea, but not always. The prospect is ultimately buying your services and your ability to deliver.
Which of the following is NOT an objective of the exploratory call?
- The prospect should receive tips for improving their online marketing strategy
- The prospect should review their marketing goals and challenges
- The Solutions Partner should qualify and excite the prospect
- The Solutions Partner should translate the prospect’s goals to inbound targets
Which framework should you use to assess fit with a prospect?
- BANT
- GPCT
- CGP, TCI, and BA
- The CEO test
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- measurable inbound targets
- the CEO test
- CGP, TCI, and BA
- SMART inbound goals
- 10
- 50
- 75
- 250
Because of the proliferation of disconnected tools, what do companies end up investing in?
- Platforms
- Apps
- A systems administrator
- More disconnected tools
- As much as 2x
- As much as 5x
- As much as 10x
- As much as 100x
Which of the following is NOT a core tenet of the Solutions Partner Program?
- To make it easier to grow with HubSpot
- To partner with HubSpot
- To connect with customers and partners
- To help all partners sell marketing services
- Revenue share
- Lead registration
- Partner onboarding
- Rider letter
- Sold MRR, Managed MRR
- Sold MRR, Lead Registration
- Managed MRR, MRR Retention
- MRR Retention, Lead Registration
- Trailing 3 months
- Trailing 6 months
- Trailing 12 months
- The total amount calculated is not time bound
- True
- False
- Expert or Generalist
- Specialist or Growth
- Primary or Secondary
- Alpha or Beta
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What is your standard set of inbound services?
- The set of inbound services that are guaranteed to meet all your client’s needs
- The top 10 proven most effective services across the HubSpot Partner community
- The most common set of inbound services you expect to offer to your most common type of prospects
- The percentage of time calculated as billable to your clients
- A standard set of inbound services gives you a starting point when putting together services for a new client so that you don’t have to start from scratch each time.
- A standard set of inbound services that helps you think through what type of prospects and needs you want to address.
- A standard set of inbound services helps you identify if you have the capabilities to deliver on your standard services and plan to develop them if not.
- A standard set of inbound services represents a perfectly packaged set of services so that you don’t have to customize your services anymore for prospects.
- True
- False
Once you’ve determined your total engagement cost, what’s the best way to set your markup?
- Be consistent — use the same markup for all your clients.
- Use a 20% markup per industry standards.
- Use the median average of your minimum markup and high markup.
- Consider a range based on your minimum markup, high markup, and value-based price.
What is the difference between markup percentage and margin percentage?
- Nothing, they are the same thing.
- Different; markup % is always higher than margin %.
- Different; margin % is always higher than markup %.
- Different; it can vary whether markup % or margin % is higher.
- $23/hour
- $39/hour
- $50/hour
- $144/hour
True or false? You need time-tracking to be able to calculate the utilization rate of your team.
- True
- False, and it’s encouraged not to use one
- False, but it’s encouraged to use one
- Partner Demo Course
- Delivering Your Why Go HubSpot Educational Pitch
- Grow Accounts Better with Expanded Services
- Guided Client Onboarding Certification
- Partner Demo Course
- Delivering Your Why Go HubSpot Educational Pitch
- Grow Accounts Better with Expanded Services
- Guided Client Onboarding Certification
- Partner Demo Course
- Delivering Your Why Go HubSpot Educational Pitch
- Grow Accounts Better with Expanded Services
- Guided Client Onboarding Certification
CLICK HERE TO DOWNLOAD FULL EXAM ANSWERS SHEET (PDF FORMAT)
- True
- False