"Lead' in marketing jargon, means:
O A metal
O Alikely consumer
O Aleash
O A team leader
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Answer:
A likely consumer
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Answer:
The correct answer to the meaning of 'lead' in marketing context is found to be option (ii) a likely consumer.
Explanation:
- In the context of sales, a lead is a contact with a potential customer, also known as a "prospect."
- Different organizations may have different definitions of the term "lead". For some companies, a "lead" is a contact that has already been identified as a prospect, while for others, a sales contact is considered a "lead."
- However, the same thing in all definitions is that leads can be future customers. Therefore, the sales team is responsible for converting the maximum number of leads to maintain a good conversion rate.
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