4 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
soft sell
Professional careers; Sales
A low-pressure selling situation, a selling situation in which the buyer has no feeling of being coerced, see hard sell.
sales dictionary
Professional careers; Sales
A listing of sales terms usually presented in alphabetical order. Due to the more "narrow" category of "sales", often referred to as a sales glossary.
demand curve
Professional careers; Sales
A line drawn on a graph to represent the number of units of a product which will be purchased at any particular price point.
safety stock
Professional careers; Sales
A level of stock over and above expected requirements held in inventory as a precaution against unusually heavy demand, delays in supply, etc.
franchise agreement
Professional careers; Sales
A legal contract setting out the operational terms and conditions of a franchise business, this usually covers franchisor and franchisee responsibilities, lease agreements, intellectual property, ...
caveat emptor
Professional careers; Sales
A latin term meaning "let the buyer beware", the term implies that it is the customer's responsibility rather than the seller's to ensure that the goods or services offered for sale are able to ...
wheel of retailing
Professional careers; Sales
A hypothesis of m. P. Mcnair explaining the patterns of change in retailing, the hypothesis is that new types of retailers cut prices by lowering or eliminating customer services, but once ...
