Sales closing is a term which is used in the process of sales. It is often used when making a Sale when the deal is done, which is why it is termed as
Sales management articles
Sales Leads – 3 Types of Leads in the Sales Explained
Do you know how do top-performing businesses make sales? Understanding sales leads and how to generate those faster is significant in accomplishing business goals. It starts with lead generations and conversions; and then
Good Customer Service – Features and Tips for Great Customer Service
What is the one thing that is important in order to keep a business running in the best condition? Customers, of course, what else? When you have customers for the business, there is
Best Customer Service Skills that you Need to know about
Running a business and want to know about the best customer service skills that can convincingly connect and convert your target audiences? Then this post is going to talk about some of the
Customer Persona – Meaning & Best Tips Develop a Customer Persona
Running a personalized campaign as per the inclinations of a specific audience group is the key to generating leads and boosting sales. But how can you do that? Customer Persona empowers businesses to
7 Top Hacks to Convert Website Visitors to Customers
Running a business on the web is based upon the competency and usability of a site to convert visitors to customers. Just having site visitors would never help any online business. To convert
Buffer Stock: Meaning, Methods and Examples
Buffering stock means the excess amount of goods that are used to manage the price fluctuation and unpredictable emergencies which occur in the market. What is a common practice to keep a buffer
Profiteering: Meaning, Types, Examples, and Why is Profiteering wrong?
Profiteering is defined as an activity that helps to generate an unreasonable amount of profit through sales of essential products during times of emergency. The profit that is earned is obviously of huge
Shadow Pricing: Meaning, Examples, Advantages, Uses, and Limitations
Shadow pricing is defined as allotting a monetary value to a current intangible item that does not yet have a market of its own to derive an actual price. It is also defined
What is Bottom line? Meaning, Calculations and how to Increase it
The final earnings or profit, earnings per share EPS, or Net Income is referred to as the bottom line of the company. The bottom name line is given because of its location and
Reverse Auction: Meaning, Types, Steps, Benefits, and Disadvantages
A reverse auction is defined as an auction where the traditional roles of both the seller and buyer have reversed hence the name. In this type of auction, it is the sellers who
Optional Product Pricing: Meaning, Advantages, and Disadvantages
Optional Product Pricing is a method to determine product costs where a business sets a low cost for its most basic product and then profits from selling more costly accessories. Optional product pricing
Target Costing: Meaning, Steps Involved, Objectives, and Advantages
Target costing is defined as a management technique that helps the company to decide the prices by estimating market condition. It includes cost planning in the initial designing stage and also the cost
Predatory Pricing: Effects, Advantages, Disadvantages and Examples
Predatory pricing is defined as a strategy where a product or even a service is set at such a low price that it drives most of the competitors out of the race. It
Natural Monopoly: Regulation, Advantages, Disadvantages and Examples
Natural monopoly as the name suggests is a type of monopoly that exists in the industry because the infrastructural costs give the largest and in many cases, the first supplier an overwhelming advantage
Inbound logistics: How to improve it & the Importance of Inbound logistics
Inbound marketing is defined as the process of transportation of goods, their storage, and dissemination. On the other hand, the goods that are being exported are referred to as outbound logistics. Concept and
