19 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
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Sales
average revenue
Professional careers; Sales
A measure used in price setting, calculated by dividing the total revenue by the number of units sold.
new account-conversion ratio
Professional careers; Sales
A measure used to evaluate a salespeople in which the conversion rate of prospects to customers is calculated.
lost account ratio
Professional careers; Sales
A measure used to evaluate salespeople in which the salesperson's ability to keep prior accounts as active customers is calculated.
sales meeting
Professional careers; Sales
A meeting (usually held weekly) to discuss sales pipelines , forecasts , meeting quota , etc.
sales rally
Professional careers; Sales
A meeting or conference held specifically to motivate members of the sales team to greater efforts with a particular product or product range.
press conference
Professional careers; Sales
A meeting to which media personnel are invited by a government body, organisation or company seeking to make a public announcement, usually to gain favourable publicity or to offset some negative ...
commemorative
Professional careers; Sales
A merchandise keepsake used to mark a ceremony, anniversary, event or milestone.
