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- Here are some basic sales terms12:
- ABC: "Always Be Closing."
- Adoption process: Another way of saying "the buying process."
- AIDA: An acronym used in Sales that stands for Attention/Awareness, Interest, Desire, Action.
- ARR: Annual Recurring Revenue.
- B2B: Business 2 Business.
- B2C: Business 2 Consumer.
- Benefit: The value of a product or service that a consumer of that product or service experiences.
- Bad Leads: Leads that are unlikely to convert into customers.
- Account: This term represents a customer for a business.
- Brand: Brand refers to the way consumers view a business, its products, services and values.
- Conversion: Conversion is the process by which a salesperson or sales team persuades leads to turn into customers.
- Closed opportunities: Closed opportunities refer to anytime a salesperson wins or loses a sale.
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.62 Definitions of Common Sales Terms
- ABC "Always Be Closing." ...
- Adoption process Another way of saying "the buying process ." ...
- AIDA An acronym used in Sales that stands for Attention/Awareness, Interest, Desire, Action. ...
blog.hubspot.com/marketing/sales-terms-glossaryHere are some basic sales terms:
- Account: This term represents a customer for a business.
- Brand: Brand refers to the way consumers view a business, its products, services and values.
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