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Definition: Sales is in business the activities and strategies involved in promoting and selling products or services to customers. It includes identifying potential leads, building relationships, negotiating, and closing deals. Sales also involves understanding customer needs, presenting solutions, and maintaining ongoing customer relationships to ensure repeat business. The goal of sales is to generate revenue, meet organizational targets, and contribute to business growth by converting prospects into customers and retaining them over time. |
More on sales: 7 Steps of The Selling Process, Buyer Readiness Stages, Cross-Selling, Hunter and Farmer Sales, Lead Generation, more on sales... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic.
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