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Glossary › Selling & Business

🤝 7 terms

Selling & business terms

Plain-English explanations of the ways Singapore businesses get others to sell for them, from consignment and distributors to outsourced sales teams.

Consignment

A shop sells your products without buying them first, and pays you after each sale minus its share.

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Distributor

A company that buys your products in bulk and supplies them to shops and other businesses.

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Reseller

A business that buys your products at a discount and sells them to consumers at retail price.

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Sales agent

Someone who sells on your behalf for a commission, without buying or holding your stock.

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Sales outsourcing

Hiring an outside team, such as SDRs, to run part of your sales, mostly for business-to-business selling.

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Lead generation

Finding and qualifying potential customers, often followed by appointment setting for B2B sales.

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Done-for-you selling

A partner lists, promotes and sells your products, services or vouchers to consumers on your behalf.

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📚 Guides: Ways to get someone to sell for you · How to sell service vouchers · Shiokly Sells For You

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