Sales management is the process of planning, implementing, administering, analyzing, and monitoring the company’s selling activities with the end goal of making sales and earning profits.

Marketing refers to the activities performed by business firms in bringing about a business transaction.

Convenience products are those that are frequently purchased by customers.

Advertising promotion refers to putting up displays which attract potential buyers and enables them to see, feel, and smell the product.

Before deciding which price setting strategy to use, an entrepreneur have to consider the costs, customer characteristics, and the competition.

This refers to the value of product expressed in terms of money.

This refers to the sales person who ensure to close a sale and earn a profit.

This refers to the channels of distribution by which products are made available and accessible to customers.

This refers to anything that can be offered to satisfy a customer’s need, want, demand, or expectation.

This refers to activities that tell, inform, and persuade potential customers to make a purchase.