The market space in marketing is defined as a virtual market place in the commercial world, where the limitations of physical boundaries are not applicable. It is an integration of numerous areas that
Definition Gross Sales is the total of all the sales of the company’s products and services in a fix time duration without deducting or subtracting the returns and discounts. Here you need to
Sales volume is defined as the number of units sold during a specific accounting period. For example, if a company sold 100 strips of medicine per month, the entire year, then the sales
The sales cycle is defined as a process through which companies pass while selling a product or a service to a customer. It includes all the activities which are associated with closing the
Definition: Sales Call Sales Call is the face-to-face meeting between the Salesperson or seller and the prospect or the customer to generate business by the mode of discussion. Usually, it may or may
What is trade marketing? Trade marketing is one of the oldest and primary methods of marketing. In trade marketing, the focus of the manufacturer is on the point of sale and value chain.
A distribution system involves the delivery of material right from manufacturing, to distributors to the end customer. It consists of all the methods, procedures, equipment required for the flow of goods from a