closing

(noun)

A sales term which refers to the process of making a sale

Related Terms

  • personal selling

Examples of closing in the following topics:

  • Does leasing always close the manufacturing loop?

    • Both of these practices can break the closed-loop cycle needed for leasing to provide its benefits.
  • The Sales Process

    • An effective sales process can be described through steps that walk a salesperson from prospecting through closing the sale.
    • The salesperson can use several different sales closes to move the sale forward.
    • They can use the "alternative close", the "assumptive close", the "summary close", or the "special-offer close"; among others.
    • An effective sales process can be described through steps that walk a salesperson from meeting the prospect all the way through closing the sale.
  • Building a closed-loop eco-industrial park

    • Establishing material, water and energy flows that can be used as raw materials to build sustainable or semi-sustainable closed-loop systems (material flows can include heat, steam, fly ash, sulphur, sludge, gypsum, steam, paper and plastic packaging, metal scrap, wood pallets, machine oil, and so on).
    • Placing companies in close proximity to minimize transportation and material transfer costs.
  • Closing the Feedback Loop

    • At this stage, you have to keep a close eye on the progress made by implementing the solution.
    • Monitoring of solutions early on will help you close the feedback loop by altering your decisions, if you notice a deviation of results from your expectations.
  • Managing Personal Selling

    • A sales pitch is a planned presentation of a product or service designed to initiate and close a sale of the same product or service .
    • Closing is a sales term which refers to the process of making a sale.
    • The sales sense springs from real estate, where closing is the final step of a transaction.
    • Such prospects need only be "closed. " "Closing" is distinguished from ordinary practices such as explaining a product's benefits or justifying an expense.
    • In automobile dealerships, a "closer" is often a senior salesman experienced in closing difficult deals.
  • Salesperson Personalities

    • Selling is not merely making presentations or demonstrations and closing the sale.
    • The salesperson can use several different sales closes to move the sale forward.
    • They can use the ‘alternative close', the ‘assumptive close', the ‘summary close', or the ‘special-offer close', among others.[ 11] Finally, the salesperson must remember to follow up.
    • Today, selling is not merely making presentations or demonstrations and closing the sale.
  • Location Choice and Site Planning

    • Proximity to sources of supply: Firms that process bulk raw materials usually locate close to the source of supply to reduce transportation costs.
    • Paper mills locate close to forests, canneries are built close to farming areas, and fish processing plants are located close to the harbors where the fishing vessels dock.
    • Proximity to customers: There are several reasons why an organization would locate close to end customers.
    • Service firms need to be close to customers to be convenient, as is the case for grocery stores, gas stations, fast food restaurants, and hospitals.
    • Perishable products often require that they be produced close to the final market, as is the case for bakeries and fresh flowers.
  • Location decisions

    • Proximity to sources of supply: Firms that process bulk raw materials usually locate close to the source of supply to reduce transportation costs.
    • Paper mills locate close to forests, canneries are built close to farming areas, and fish processing plants are located close to the harbors where the fishing vessels dock.
    • Proximity to customers: There are several reasons why an organization would locate close to end customers.
    • Service firms need to be close to customers to be convenient, as is the case for grocery stores, gas stations, fast food restaurants, and hospitals.
    • Perishable products often require that they be produced close to the final market, as is the case for bakeries and fresh flowers.
  • The Accounting Cycle

    • The accounting cycle includes analysis of transactions, transferring journal entries into a general ledger, revenue, and expense closed.
  • Reuse, remanufacturing and recycling: an overview

    • Similarly, the wider the base of each closed-loop practice, the more time, effort and expense is involved in collecting and reprocessing reclaimed material:
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