5 Terms
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Sales
Sales is the process of selling goods or services. The process begins with the request to buy by a customer or a offer to sell by a seller. Then follows the payment and change of title.
Industry: Professional careers
Add a new termContributors in Sales
Sales
target return pricing
Professional careers; Sales
A pricing method in which a formula is used to calculate the price to be set for a product to return a desired profit or rate of return on investment assuming that a particular quantity of the ...
value pricing
Professional careers; Sales
A pricing approach in which the selling price of a good or service is based on the company's assessment of the highest value of the product to the consumer, that is, on what the consumer is willing ...
market skimming pricing
Professional careers; Sales
A pricing approach in which the producer sets a high introductory price to attract buyers with a strong desire for the product and the resources to buy it, and then gradually reduces the price to ...
free-alongside-ship pricing
Professional careers; Sales
A pricing approach in which the manufacturer pays the freight cost to the wharf, costs associated with loading and shipping are borne by the purchaser.
price floor
Professional careers; Sales
A price, usually imposed by law, below which market prices are not permitted to floor, also called a floor price, see price ceiling.
target pricing
Professional careers; Sales
A price which is set in order to achieve a set percentage return on investment or a certain level of profit on net sales.
price ceiling
Professional careers; Sales
A price, usually imposed by law, above which market prices are not permitted to rise, also called a ceiling price, see price floor.
