The minimum level to which a given inventory is allowed to fall. Sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods for a money consideration called the price. Measuring and evaluating actual sales in relation to sales goals. The period from approximately 1930 to 1950, during which companies focused on promoting and distributing their products. Sales forecast see Forecast .
Sales forecasting see Forecasting .
Sales incentives Various types of prizes awarded through sales contests. Sales lead The name of an individual, organization, or business that might be a likely prospect for the company's product. Sales management Planning the personal selling effort, organizing the sales personnel, and developing a winning sales team. Sales offices Manufacturer-owned selling locations that are similar in many respects to sales branches, except that sales offices don't carry inventory. Sales potential is the maximum percentage of market potential that an organization within an industry can expect to obtain for a certain product or service.