A B C D E F G H I K L M N O P Q R S T U V W Z

Sales agent

A person or a company that acts as a sales agent on behalf of the exporting company (principal), introducing its products to potential buyers in the external market, in exchange for a commission based on the value of the business…

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Sales representative

An individual or firm that serves as the foreign representative of a domestic supplier and seeks sales abroad for the supplier. The Representative carries out his/her activity continuously and is paid by commission based on sales achieved, although on occasions…

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Sample

A portion or piece taken as a representative of a whole. When cost permits, sellers often provide samples to new customers, or of new products to existing customers. Either way, this is normally done at low or no charge to…

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Shop in shop

In retail business this concept is used when brand owner (usually a multinational company) takes space in another retailer’s store and fits it out to provide selling space to show its products. There are benefits to both, brand owners and…

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SMART

An acronym for specific, measurable, achievable, realistic, time-bound. A project management tool used to set project objectives and evaluate if those objectives fit the project.

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