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 SALES DICTIONARY

 
Welcome to our Online Sales Dictionary!

Please email us at Info@salesanimals.com with any amendments, additions, or corrections for our Sales Dictionary.

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  A  G Z

National account - A customer with branches or sites that constitute a nation-wide coverage.

Needs-creation selling - Sales people look for and help create a need in a prospect for their products or services even if no needs were apparent, obvious or existed to the prospect before speaking to the sales professional. The method was for the sales person to question the prospect to identify, discover (and suggest) organizational problems or potential problems that would then create a need for the product or service.

Negotiation/Negotiating - Trading of concessions including price reductions, between supplier and customer, in an attempt to shape a sale that is acceptable to both supplier and customer. From the seller's point of view, negotiation must commence when the sale has been agreed upon in principle.

Non-recoverable draw – A draw that can not be recovered or retrieved by an employer regardless of employment status of the individual who received the draw. Even if the draw paid exceeds commissions earned.

  A  G Z

Please email us at Info@salesanimals.com with any amendments, additions, or corrections for our Sales Dictionary.

Thank you for contributing!


 
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