A sales pipeline is a visual illustration of how customers move through the sales process stages—from prospecting for leads to making the final sale. It provide
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What B2C abbreviation stands for?
Business-to-customer
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What do the customer accounts contain?
They contain information about the customer, including purchases, interactions, contact information, and preferences.
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When are customer accounts (customer profiles) created?
They are created the first time a customer buys a product or service from your business.
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What B2B refer to?
It refers to sales that happen between one business and another.
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What is a lead?
A lead is any potential customer who expresses interest in your company’s products or services
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What B2C refer to?
Business-to-customer (B2C) refers to sales that happen between businesses and individual consumers.
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Can B2B companies sell to individual customers?
Yes, but they often have separate departments for both, as B2B sales are more complex with a longer sales process.
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What kind of purchases do B2C usually include?
B2C sales include your typical purchases from various stores—clothing, furniture, groceries, and everyday essentials.
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What B2B abbreviation stands for?
Business-to-Business
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What is the difference between B2B and B2C
Compared to B2B sales, B2C sales are usually more spontaneous and generate a lower profit per sale.
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What is the difference between the lead and the prospect?
To convert a lead into a prospect, walk them through the sales qualification process to see if your company's products are the best fit for their needs.
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What is a Prospect?
A prospect is a lead that has interacted with someone in your company.
