- To buy in bulk – to buy wholesale, in large quantity
- Broker – person who serves as a trusted agent in commercial negotiations or transactions. Their commission is a fixed percentage of the value of the transaction or on a sliding scale (higher the value, lower the percentage).
- Chain stores – a group of shops, all of which are owned by one organization
- Close – to finalise a deal or sale
- Commission – fee accruing to an agent, broker, or salesperson for facilitating, initiating, and/or executing a commercial transaction.
- Convenience store – a shop that is often open 24 hours each day
- Deal – business transaction
- Department store – a large shop that is divided into separate departments, each selling a different type of goods
- Discount – A reduction in price or value. One of the most used sales vocabulary words.
- Guarantee – a written promise that a product will be repaired or replaced if defective
- Joint Venture – joining with a foreign company to manufacture or market a product or service.
- Objection – a reason given by a prospect for not buying
- To overcome an objection – to prove that an objection is invalid
- Trade fair – an exhibition
- Prospect – potential customer
- Retail – To sell in small quantities, directly to the consumers. One of the most used sales vocabulary words.
- Salesperson – someone whose job is selling things
- Wholesale – to sell products to those buying for resale
or for business use.
TO BE CONTINUED …