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  1. The ultimate sales glossary: 100 sales terms to know

    • Direct salesare sales that don’t require a middleman. The products are sold directly to the consumer from the seller. Direct sales has become synonymous with multi-level marketing, but they’re not the sa… See more

    ABC

    ABC stands for “always be closing.” It’s a sales strategythat reminds reps that every step they take in the sales process is one step closer to closing the deal. Though it’s not a unive… See more

    Zendesk
    Account-Based Selling

    Account-based selling is a sales strategy where the entire company focuses on converting a few high-value leads rather than casting a broad net. This isn’t a long-term strate… See more

    Zendesk
    Bant Framework

    The BANT framework is a checklist used during lead qualification. B = Budget: Can the lead afford the product? A = Authority: Is the lead a decision-maker with the authority t… See more

    Zendesk
    Benefits

    Benefits refer to how a product solves a prospect’s problems. Benefits should not be confused with features; benefits are the positive outcomes of features. For instance, time saved … See more

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  2. Here is a list of common sales terms:
    1. ABC: Always Be Closing
    2. AIDA: Attention, Interest, Desire, Action
    3. BANT: Budget, Authority, Need, Timeline
    4. Commission: The payment a sales rep gets when they successfully sell something
    5. Discovery call: The first call a sales rep makes to a prospect
    6. Account: Refers to a current customer or client
    7. Annual Recurring Revenue (ARR)
    8. Average Contract Value (ACV)
    9. Customer Lifetime Value (CLV)
    10. Customer Acquisition Cost (CAC)
    11. B2B (Business-to-Business)12.
    Learn more:
    Definitions of Common Sales Terms ABC: Always Be Closing AIDA: Attention, Interest, Desire, Action BANT: Budget, Authority, Need, Timeline Commission: The payment a sales rep gets when they successfully sell something Discovery call: The first call a sales rep makes to a prospect
    blog.hubspot.com/marketing/sales-terms-glossary

    Sales Terminology – The Ultimate List of Sales Terms

    • 1. Account In sales, an “account” is simply a way of referring to a current customer or client.
    • 2. Annual Recurring Revenue (ARR) ...
    • 3. Average Contract Value (ACV) ...
    mailshake.com/blog/sales-terminologies/
     
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    WEBNov 28, 2022 · 1. ABC. A-Always, B-Be, C-Closing. Always Be Closing. The ABCs aren’t just a Glengarry Glen Ross reference. They’re what reps need to be trying their best to do. Because at the end of the day, every …

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    WEBApr 13, 2023 · Sales Terms: Everything you need to know (+50 Bonus Terms) Struggling to navigate the complex world of sales terms and jargon? Look no further! We’ve got you covered with our Ultimate Guide …

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    WEBSep 8, 2021 · Learn More. Sales terms are the common vocabulary used in the sales industry. As a sales professional, it’s important to have a firm grasp of industry jargon if you’re looking to operate in the industry or …

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    WEBDec 12, 2022 · This easy-to-understand glossary consists of 100 common sales terms, explained in depth, and sorted alphabetically for easy navigation.

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