Sales is a tough job. If you have the right attitude you can do it. Be positive, keep going and never give up. To help you understand more sales terminology please see our sales language examples to get some extra words.
Beginner
Word | Meaning | Example Sentence |
Sell | To exchange goods or services for money. | We sell books at our store. |
Buy | To acquire something by paying for it. | Customers buy products online. |
Price | The amount of money for which something is sold. | The price of the shirt is $20. |
Customer | A person who buys goods or services. | The customer was happy with the purchase. |
Product | An item that is made or grown to be sold. | We have a new product on the shelves. |
Discount | A reduction in the usual price. | The store offers a 10% discount today. |
Offer | To present something for acceptance or rejection. | We offer free shipping on orders over $50. |
Deal | An agreement entered into by two or more parties. | They made a good deal on the car. |
Order | A request to supply something. | She placed an order for the new phone. |
Cash | Money in the form of coins or banknotes. | He paid in cash. |
Intermediate Sales Language Examples
Word | Meaning | Example Sentence |
Revenue | Income, especially when a company’s operations generate it. | The company’s revenue increased this quarter. |
Target | A goal or result to be achieved. | The sales team met their monthly target. |
Prospect | A potential customer. | We identified several new prospects for our services. |
Negotiate | To discuss something in an attempt to reach an agreement. | They had to negotiate the terms of the contract. |
Conversion | The process of turning prospects into customers. | Improving the website’s conversion rate is a priority. |
Lead | A potential sales contact. | The marketing campaign generated many new leads. |
Quotation | A formal statement of the estimated price for a product or service. | We provided a quotation for the project. |
Commission | A sum of money paid to an employee upon completion of a task, usually selling something. | The salesperson earned a commission on each sale. |
Inventory | A complete list of items such as property, goods in stock, or the contents of a building. | We need to update our inventory records. |
Promotion | Activity that supports or provides active encouragement for a cause or venture. | The company launched a new sales promotion. |
Advanced
Word | Meaning | Example Sentence |
Sales Pipeline | A visual representation of the sales process from lead generation to closing. | Managing the sales pipeline is crucial for forecasting revenue. |
Customer Relationship Management (CRM) | Software and strategies used to manage and analyze customer interactions. | The company uses a CRM system to track customer data. |
Key Performance Indicator (KPI) | A measurable value that demonstrates how effectively a company is achieving key business objectives.1 | Average deal size is a critical KPI for our sales team. |
Sales Forecasting | The process of estimating future sales. | Accurate sales forecasting helps with inventory management. |
Market Penetration | The extent to which a product is sold or a brand is recognized in a particular market. | Increasing market penetration in new regions is a strategic goal. |
Value Proposition | The set of benefits or values a company promises to deliver to customers. | Our value proposition focuses on quality and reliability. |
Churn Rate | The percentage of customers who stop using a company’s product or service during a specific time period. | Reducing the churn rate is essential for long-term growth. |
Upselling | A sales technique where a seller induces the customer to purchase more expensive items, upgrades, or other add-ons.2 | Upselling can significantly increase average order value. |
Cross-selling | The action or practice of selling an additional product or service to an existing customer. | Cross-selling related products can boost sales. |
Sales Enablement | The process of providing the sales team with the resources, tools, and training they need to be successful. | Effective sales enablement improves sales productivity. |
We hope you enjoyed our sales language examples.
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