27.03.2023 - 21:07

Identify several types of sales transactions and indicate the types of business for which that type of transaction is common.

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Identify several types of sales transactions and indicate the types of business for which that type of transaction is common.

Answers (1)
  • Beulah
    April 8, 2023 в 23:18
    Several types of sales transactions include retail sales, wholesale sales, online sales, direct sales, and B2B sales. Retail sales are common for businesses such as department stores, supermarkets, and other brick-and-mortar outlets where consumers can purchase products directly from the store. Wholesale sales are common for businesses that sell goods in large quantities to other businesses. These transactions often involve bulk sales of goods and are common in industries such as manufacturing, distribution, and agriculture. Online sales are common for businesses that sell products or services through the internet. These transactions can apply to both B2C and B2B companies and can include e-commerce websites, online marketplaces, and software as a service (SaaS) platforms. Direct sales involve businesses that sell products or services directly to consumers through in-person interactions. These types of transactions are often associated with door-to-door sales, multi-level marketing, and other sales methods where the salesperson interacts with the customer in person to make the sale. Finally, B2B sales involve businesses that sell products or services to other businesses. These transactions can include the sale of raw materials, finished products, and services and occur between businesses in different industries.
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