Sales

Definition

When the goods purchased for selling purpose are sold to customers at a particular price are
termed as sales. In simple words goods sold are called sales.

Example

  1. Cloth sold by a cloth merchant is known as “Sales”
  2. Cement sold by a cement dealer is known as “Sales”
  3. Cars sold by a car dealer is known as “Sales”

Types of Sales

Sales are of the following two types:

  1. Cash Sales
  2. Credit Sales

Boosting Sales

To get good revenues also means getting good sales. Discover effective and smart marketing techniques to increase sales by connecting to a financial advisor in Minnetonka, MN. If you don’t live locally, please check out our financial advisor page.

True Tamplin, BSc, CEPF®

About the Author
True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True contributes to his own finance dictionary, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, his interview on CBS, or check out his speaker profile on the CFA Institute website.