Account sales – Definition & Meaning

Account sales is a term commonly used in the world of business and finance. It is a term that refers to the process of selling goods or services to a particular customer or client. This type of sale is different from a general sale, as it is more personalized and tailored to the specific needs of the customer.

Definitions

Account sales can be defined as a sales process that involves selling goods or services to a particular customer or client. This type of sale is typically more personalized and tailored to the specific needs of the customer.
According to Investopedia, account sales are “sales made to a specific customer, rather than to the general public.”

Origin

The origin of account sales can be traced back to the early days of commerce, when merchants would sell their goods directly to customers. Over time, this process became more formalized, and account sales became a common practice in the business world.

Meaning in different dictionaries

The meaning of account sales can vary slightly depending on the dictionary used. For example, the Merriam-Webster dictionary defines account sales as “sales made to a particular customer or group of customers.”
The Oxford English Dictionary defines account sales as “the sale of goods or services to a particular customer or group of customers, as opposed to sales to the general public.”

Associations

Account sales are often associated with customer relationship management and account management. These practices involve building strong relationships with customers and tailoring sales and marketing efforts to their specific needs.

Synonyms

Some synonyms for account sales include:

  • Key account sales.
  • Strategic account sales.
  • Customer-specific sales.

Antonyms

Some antonyms for account sales include:

  • General sales.
  • Mass sales.
  • Retail sales.

The same root words

The root words of account sales are “account” and “sales.” These words are also used in other business and financial terms, such as:

  • Account management.
  • Sales management.
  • Sales strategy.

Example Sentences

  • Our account sales team is responsible for building relationships with our most important customers.
  • We’ve seen a significant increase in revenue since we started focusing on account sales.
  • Account sales are a key part of our business strategy.
  • We need to develop a more effective account sales strategy if we want to grow our business.
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