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MKTG Obj 5 Close Sale & Transactions - ME Ch 15 & 16.1

AB
buying signalsThe things customers do or say to indicate a readiness to buy
closing the saleProcess of obtaining a positive agreement from the customer to buy
direct closeA closing method in which a salesperson asks for the sale
service closeA way to close a sale in which a salesperson explains services that overcome obstacles or problems
standing-room only closeA method of closing a sales that is used when a product is in short supply or when the price will be going up in the near future
trial closeAn initial effort to close a sale
which closeMethod of closing a sales that encourages a customer to make a decision between tow items
suggestion sellingA method of selling in which the salesperson recommends additional goods or services to the customer
customer relationship managementIdentifying and understanding customer to form a strong, long-lasting relationships
allowancePartial return of the sales price for merchandise that the customer has kept
cash-on-delivery saleTransaction that occurs when a customer pays for merchandise at the time of delivery
layawayA sales method that keeps merchandise in storage until the customer finishes paying for it.
on-aproval saleAn agreement permitting a customer to take merchandise (usually clothing) home for further consideration.
sales checkA written record of a sales transaction that includes such information as the date of the transaction, items purchased, purchase prices, sales tax, and the total amount due
sales taxPercentage fee placed by the government on the sale of goods and services


West Forsyth High School

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