Product Sales

Posted in Marketing and Strategy Terms, Total Reads: 5649
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Definition: Product Sales

Product sales is an act of selling a product or service in return of money or compensation or service. Product sales is when a customer buys a product / service which will fulfill a need of theirs. The number of products sold in a given time period helps in determining the product sales. Product sales is a critical parameter in understanding the business of a company.

Ways to increase product sales: -

  • Set up a sales incentive program.
  • Encourage your sales staff to upsell.
  • Differentiate your customers
  • Set up a customer rewards program.
  • Distribute free samples to customers.

Examples of Product Sales: -

  • Direct sales
  • Door to door sales
  • Retail
  • Telemarketing
  • B2B (Business to Business)

Browse the definition and meaning of more terms similar to Product Sales. The Management Dictionary covers over 7000 business concepts from 6 categories.

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