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- Here is a list 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
- Account: Refers to a current customer or client
- Annual Recurring Revenue (ARR)
- Average Contract Value (ACV)
- Customer Lifetime Value (CLV)
- Customer Acquisition Cost (CAC)
- B2B (Business-to-Business)12.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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 prospectblog.hubspot.com/marketing/sales-terms-glossarySales 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) ...
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