20 20 words you need to know as a salesperson. terms
These 20 words below are necessary for someone who is interested in working as a salesperson in the future. We will provide you not only the definition but also the example with the word in it so you know how to use these words in real life. You can also check how to pronounce these words as well. We hope that this article will be useful for you!
advance payment
a noun
A system by which a customer pays part of the price of a product ahead of time. The balance (the remaining amount) is to be paid when the product is delivered.
Example: Advance payment is used as a guarantee that customers will pay at a later date when they get the product.
fr: paiements anticipsés
agreed price
a noun
The price has been accepted by the buyer and seller.
Example: Some salespeople can have a bad reputation for raising agreed prices.
fr: prix convenu
backorder
a noun
When an order for a product has been placed, but it is no longer in stock.
Example: Unfortunately, we no longer have the item in stock, and it is currently on backorder, we expect another shipment in two weeks.
fr: article en rupture de stock
bargain
a noun
A product bought or offered for sale at a much lower price than is expected.
Example: Telling customers that a certain product is a bargain may win them over.
fr: négociation
buy in bulk
a phrase
To purchase goods in large amounts, usually at a discount.
Example: People can often be convinced to buy in bulk if you emphasize the lower price.
fr: acheter en gros
digital
an adjective
relating to or performed with the fingers
Example: CBS New York is looking for a Digital Sales Account Executive to help build digital sales revenues across NY Local Digital properties.
fr: numérique
discount
a noun
A reduction in price.
Example: The 30% discount will reduce the price of yarn to £14.70.
fr: rabais
extranet
a noun
Network that connects a company with its suppliers and distributors.
Example: Intextra 4.0 offers many solutions for medium, small, and large companies that have Intranet and/or Extranet serving.
fr: extranet
follow up
a verb
to continue to follow persistently; to maintain contact
Example: Make sure you follow up any leads by contacting them again the next day.
fr: suivre
franchise
a noun
Association between a manufacturer or wholesaler (franchiser) and an independent business person (franchisee) who buys the right to own and operate a unit in the franchise system.
Example: This is because the demands of redistribution in a democracy would be very high and lower concessions only lead to revolution, leading to this cyclical equilibrium where the poor are repressed and there will not be any franchise.
fr: concession
hands-on
a phrase
involving active participation
Example: 6-10 years of hands-on experience in sales, preferably in cable television or related disciplines.
fr: pratique
inclusive
an adjective
The percentage of customers that leave or cancel a service or product within a given period of time.
Example: When any taxes or fees are included, or part of, the total price of the product.
fr: inclusif
joint venture
a noun
A way of entering a foreign market by joining with a foreign company to manufacture or market a product or service.
Example: A Contractual joint venture would entail a partnership between RT and a Pakistani company to facilitate market entry and in due course share the costs, risks, and profits of the endeavour.
fr: coentreprise
lay-by
a noun
Regular payments are made to slowly pay off the product before it can be taken home. It is interest-free which makes it better than buying using a loan or credit.
Example: How long are your lay-by agreements?
fr: aire de repos
maximize
a verb
Make as big or large as possible.
Example: Maximize advertising revenue generation by selling to digital advertising agencies and clients direct.
fr: maximiser
oriented
an adjective
Adjusted or located in relation to the surroundings.
Example: Sales professional with an entrepreneurial spirit who thrives in a team and goal-oriented environment.
fr: orienté
packaging
a noun
Designing and producing the container or wrapper for a product.
Example: Whether to adopt its marketing mix elements (such as its product, packaging, and so forth) for the foreign target market or standardize and sell essentially the identical elements in favor of significant cost saving, it is a fundamental task for international marketing.
fr: emballage
runout
a noun
Used to describe the sale of an older model or a product that will no longer be available.
Example: We are having a winter runout sale on our heaters.
fr: excentricité
stock
a noun
The combined collection of products held by a store, either on display or stored in their store rooms.
Example: I believe we have that model in stock, let me just check our storeroom for it.
fr: stock
supplier
a noun
A person or company that provides goods or services.
Example: A good supplier needs to communicate well and be flexible. They must also be reliable and have good prices.