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Sales & Retail vocabulary · Sales Process & Pipeline

Deal

Meaning in sales & retail, with examples

/diːl/nounCore term

In sales & retail, deal means: An agreement to buy or sell something, or a sales opportunity that a seller is working on and hopes to win.

In Turkish: anlaşma, satış fırsatı, iş

How it is used

Very common in everyday sales talk. You work on, chase, close, win or lose a deal. In CRM systems a deal is a record with a value, a stage and an expected close date. A good price for a buyer is also called a good deal.

Example sentences

  1. We closed the deal with the hotel chain yesterday: three years, 40 locations.

  2. How many deals do you expect to close before the end of the month?

Common collocations

  • close a deal
  • win a deal
  • lose a deal
  • deal size
  • deal stage
  • closeTo get a customer's final agreement to buy, such as a signature, an order or a payment, so that the sale is complete.
  • opportunityA qualified potential sale that is being actively worked on, with an estimated value and an expected closing date in the CRM.
  • sales pipelineAll the potential deals a salesperson or team is working on, arranged by stage from first contact to signed contract, so you can see what is likely to close.
  • negotiateTo discuss the price, terms or conditions of a deal with the other side in order to reach an agreement that both can accept.
  • contractA formal written agreement between a seller and a buyer that sets out what will be supplied, at what price and under which conditions, and that both sides must follow.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Sales Process & Pipeline

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