{"id":1989,"date":"2013-05-28T09:36:41","date_gmt":"2013-05-27T23:36:41","guid":{"rendered":"http:\/\/pdtraining.com.au\/blog\/?p=1989"},"modified":"2015-09-01T13:07:20","modified_gmt":"2015-09-01T03:07:20","slug":"glossary-common-sales-terms-sales-training-sydney","status":"publish","type":"post","link":"https:\/\/pdtraining.com.au\/blog\/professional-development-training\/sales-training\/glossary-common-sales-terms-sales-training-sydney\/","title":{"rendered":"Glossary of Common Sales Terms &#8211; Sales Training Course in Sydney"},"content":{"rendered":"<figure class=\"figure alignright\"><a title=\"Sales Training Course Sydney\" href=\"\/sales-training\"><img loading=\"lazy\" decoding=\"async\" class=\" \" style=\"margin: 4px;\" title=\"Sales Training Course in Sydney\" alt=\"Sales Training Course in Sydney from pd training\" src=\"\/blog\/wp-content\/uploads\/2013\/05\/Sales_Training-300x199.jpg\" width=\"300\" height=\"199\" \/><\/a><figcaption>Find success by training in sales<\/figcaption><\/figure>\n<p><strong>There\u2019s nothing particularly difficult about the language of sales.<\/strong><\/p>\n<p>To gain important skills in sales, consider attending <a title=\"sales training courses sydney\" href=\"\/sales-training\" target=\"_blank\">Sales Training Course<\/a> offered by pdtraining in Sydney and other cities in Australia.<\/p>\n<figure><a title=\"sales training courses sydney\" href=\"https:\/\/pdtraining.com.au\/bookings\/publicclassbooking.aspx\" target=\"_blank\"><img decoding=\"async\" class=\"aligncenter\" alt=\"book now button sales training sydney\" src=\"\/blog\/wp-content\/uploads\/2013\/05\/book-now-button.jpg\" \/><\/a><\/figure>\n<p>Mastering sales jargon just takes a little study and practice. Knowing the language will make you feel more confident and prepared to start selling.<\/p>\n<h2>Glossary of Common Sales Terms<\/h2>\n<p><b>Close\/closing.<\/b> It is the second to last step in the sales process. In this step, the salesperson encourages the customer to sign the order. In the past, salespeople often became pushy at this stage, but customers are more sophisticated these days and they don\u2019t respond well to aggressive attempts to close a deal.<br \/>\n<b><\/b><\/p>\n<p><b>Cold calling.<\/b> The first <a title=\"Classes in Professional Telephone Skills\" href=\"\/courses\/telephone-skills-training\" target=\"_blank\">phone call<\/a> made to a prospective client who doesn\u2019t know you are going to ring.<br \/>\n<b><\/b><\/p>\n<p><b>Customer relationship management (CRM).<\/b> A system for managing the entire sales relationship with a client. Computerised CRM systems record all customer contacts, purchases, returns, etc.<br \/>\n<b><\/b><\/p>\n<p><b>Decision maker.<\/b> The person in an organisation who has the authority to agree to a sale.<br \/>\n<b><\/b><\/p>\n<p><b>Forecast.<\/b> This is a list of sales opportunities that you\u2019ve found and is usually broken down in categories based on how far the sales process has occurred.<br \/>\n<b><\/b><\/p>\n<p><b>Gate Keeper.<\/b>\u00a0 This is usually a receptionist or call centre that tries to filter inbound calls or <a title=\"Email Etiquette Training Classes\" href=\"\/courses\/email-etiquette-training-course\" target=\"_blank\">emails<\/a> and limit the number of sales calls that get through.<br \/>\n<b><\/b><\/p>\n<p><b>Lead.<\/b> A lead is either a person or company who may be interested in buying your product or service.<br \/>\n<b><\/b><\/p>\n<p><b>Networking.<\/b> An increasingly popular method of finding prospects based on referrals and introductions.<br \/>\n<b><\/b><\/p>\n<p><b>Prequalifying clients.<\/b> Determining if potential clients are actually worthwhile prospects.<br \/>\n<b><\/b><\/p>\n<p><b>Proposal.<\/b> Document which outlines your company\u2019s offerings<br \/>\n<b><\/b><\/p>\n<p><b>Qualifying clients.<\/b> The process of getting to know potential customers \u2014 who they are, what they do, what they need.<br \/>\n<b><\/b><\/p>\n<p><b>Quote.<\/b> Document which outline the costs for the proposed solution.<br \/>\n<b><\/b><\/p>\n<p><b>Sales funnel.<\/b> A pattern that describes the conversion of <a title=\"Effective Prospecting Sales Training Classes\" href=\"\/courses\/effective-prospecting-sales-training-course-sydney-melbourne-brisbane-perth-australia\" target=\"_blank\">prospects into sales<\/a>. Many prospects enter the funnel at the top, but only a few are converted to sales. (This analogy is actually flawed because in a real funnel everything that goes in the top comes out the bottom.) The term \u201csales pipeline\u201d has a similar meaning.<br \/>\n<b><\/b><\/p>\n<p><b>Warm calling.<\/b> Calls made after the initial contact with a customer, often in response to a call from the customer.<\/p>\n<p style=\"text-align: center;\"><a title=\"sales training courses sydney\" href=\"https:\/\/pdtraining.com.au\/bookings\/publicclassbooking.aspx\" target=\"_blank\"><img decoding=\"async\" alt=\"book now button sales training sydney\" src=\"\/blog\/wp-content\/uploads\/2013\/05\/book-now-button.jpg\" \/><\/a><\/p>\n<h4 style=\"text-align: left;\"><a title=\"\/blog\/professional-development-training\/sales-training\/sales-training-courses-sydney-create-sales-solutions\/\" href=\"\/blog\/professional-development-training\/sales-training\/sales-training-courses-sydney-create-sales-solutions\/\" target=\"_blank\">Related Article&#8230;<\/a><\/h4>\n<h4 style=\"text-align: center;\"><a title=\"\/pd-training-reviews\" href=\"\/pd-training-reviews\" target=\"_blank\">Pdtraining <\/a>delivers 1000\u2019s of professional development courses each year in Brisbane, Sydney, Parramatta, Melbourne, Adelaide, Canberra and Perth, so you can be assured your training will be delivered by a qualified and experienced trainer.<\/h4>\n<h4 style=\"text-align: center;\">All public\u00a0<a title=\"sales training courses sydney\" href=\"\/sales-training\" target=\"_blank\">Sales Training <\/a> courses include am\/pm tea, lunch, printed courseware and a certificate of completion.\u00a0 Customised courses are available upon request so please contact pdtraining on\u00a01300 121 400 to learn more.<\/h4>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s nothing particularly difficult about the language of sales. To gain important skills in sales, consider attending Sales Training Course offered by pdtraining in Sydney and other cities in Australia. Mastering sales jargon just takes a little study and practice. Knowing the language will make you feel more confident and prepared to start selling. Glossary [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[626,628,39,627,1136,1138,1120,1137],"views":40,"_links":{"self":[{"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/posts\/1989"}],"collection":[{"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/comments?post=1989"}],"version-history":[{"count":15,"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/posts\/1989\/revisions"}],"predecessor-version":[{"id":4648,"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/posts\/1989\/revisions\/4648"}],"wp:attachment":[{"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/media?parent=1989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/categories?post=1989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pdtraining.com.au\/blog\/wp-json\/wp\/v2\/tags?post=1989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}