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| | [[File:Diamond Jim Brady.jpg|thumbnail|right|200px|James Buchanan Brady, commonly known as Diamond Jim Brady, was a highly effective salesperson for Manning, Maxwell and Moore, a railroad supply company.<ref>[https://www.irishamerica.com/2010/08/diamond-jim/ Diamond Jim] By Steven Mark Adelson, Irish America, August / September 2010</ref><ref>[https://web.archive.org/web/20090925185306/http://www.time.com/time/magazine/article/0,9171,759002,00.html M. M. & M.], ''Time'' magazine. January 24, 1938</ref>]] | | [[File:Diamond Jim Brady.jpg|thumbnail|right|200px|James Buchanan Brady, commonly known as Diamond Jim Brady, was a highly effective salesperson for Manning, Maxwell and Moore, a railroad supply company.<ref>[https://www.irishamerica.com/2010/08/diamond-jim/ Diamond Jim] By Steven Mark Adelson, Irish America, August / September 2010</ref><ref>[https://web.archive.org/web/20090925185306/http://www.time.com/time/magazine/article/0,9171,759002,00.html M. M. & M.], ''Time'' magazine. January 24, 1938</ref>]] |
| | '''Sales''' are [[business]] activities related to selling or the number of goods or services sold in a given targeted time period. | | '''Sales''' are [[business]] activities related to selling or the number of goods or services sold in a given targeted time period. |
| | + | |
| | + | == Stages of the sales process == |
| | + | |
| | + | The stages of the sales process shown in the "Sales Loss Pie Chart Breakdown" image below are: |
| | + | |
| | + | '''1.''' Prospecting / Lead Qualification |
| | + | |
| | + | '''2.''' Initial Contact / Rapport building |
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| | + | '''3.''' Needs Discovery / Questioning |
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| | + | '''4.''' Presentation / Pitch |
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| | + | '''5.''' Objection Handling |
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| | + | '''6.''' Closing |
| | + | |
| | + | '''7.''' Follow-up / Post-Pitch |
| | + | |
| | + | These stages represent the typical pipeline in a sales process, with the chart indicating the percentage of lost sales attributed to each stage (totaling 100% of deals that don't close) along with tips to minimize losses at each one. |
| | + | |
| | + | Below are the stages of the sale process and what percent of sales are lost due to mistakes made in various processes. |
| | + | <br /> |
| | + | <br /> |
| | + | [[File:Sales processes where sales are lost broken down by category.png|thumbnail|center|800px|Stages of the sale process and what percent of sales are lost due to mistakes made in the various sales processes.]] |
| | + | <br /> |
| | | | |
| | == Salesmanship and achievement orientation == | | == Salesmanship and achievement orientation == |
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| | What the data clearly showed is that effective sales training has a higher cost attached. Companies with sales skills training programs that exceeded expectations averaged spending $2,870 per salesperson, compared to $2,196 per salesperson for companies with sales skills training programs that met expectations, and $1,815 per salesperson with sales skills training programs that needed improvement.<ref>[https://trainingindustry.com/magazine/issue/sales-training-is-it-worth-it/#:~:text=We%20found%20that%2010.7%20percent%20of%20the,%E2%80%9Cmet%20expectations%2C%E2%80%9D%20and%2043.5%20percent%20%E2%80%9Cneeded%20improvement.%E2%80%9D&text=Through%20better%20performance%20on%20three%20metrics.%20Win,to%2044%20percent%20in%20the%20needs%2Dimprovement%20group. Sales Training: Is It Worth It?], Training Industry website</ref>}} | | What the data clearly showed is that effective sales training has a higher cost attached. Companies with sales skills training programs that exceeded expectations averaged spending $2,870 per salesperson, compared to $2,196 per salesperson for companies with sales skills training programs that met expectations, and $1,815 per salesperson with sales skills training programs that needed improvement.<ref>[https://trainingindustry.com/magazine/issue/sales-training-is-it-worth-it/#:~:text=We%20found%20that%2010.7%20percent%20of%20the,%E2%80%9Cmet%20expectations%2C%E2%80%9D%20and%2043.5%20percent%20%E2%80%9Cneeded%20improvement.%E2%80%9D&text=Through%20better%20performance%20on%20three%20metrics.%20Win,to%2044%20percent%20in%20the%20needs%2Dimprovement%20group. Sales Training: Is It Worth It?], Training Industry website</ref>}} |
| | + | |
| | + | == Personality traits of top salespersons == |
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| | + | *[https://chatgpt.com/share/689efce7-6ee4-8003-8761-913d919f1799 What personality traits do top sales representatives have?] |
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| | + | === Neuroticism and business to business salespersons === |
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| | + | *[https://bauerstories.uh.edu/neuroticism-the-sales-profession/ Neuroticism and the sales profession], University of Houston |
| | + | *[https://www.sciencedirect.com/science/article/abs/pii/S0749597824000451?via%3Dihub Neuroticism and the sales profession], Organizational Behavior and Human Decision Processes. Volume 184, September 2024, 104353 |
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| | == Optimistic salespeople have higher sales and company retention rates == | | == Optimistic salespeople have higher sales and company retention rates == |
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| | === Sales and rejection related articles === | | === Sales and rejection related articles === |
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| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/how-to-psychologically-handle-rejection.html How to Psychologically Handle the Rejection Involved in Sales] |
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| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/the-end-of-rejection-pain-how.html The End of Rejection Pain: How Salespeople Can Eliminate — Not Just Mitigate — the Sting of “No”] |
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| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/functionally-eliminating-pain-of.html Functionally Eliminating the Pain of Rejection in Sales] |
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| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/the-science-of-handling-sales-rejection.html The science of handling rejection in the sales profession] |
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| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/how-to-psychologically-handle-rejection_26.html How to Psychologically Handle Rejection in Sales: A Complete Guide] |
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| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/sales-rejection-isnt-test-of-charm-its.html Sales Rejection Isn’t a Test of Charm — It’s a Test of Emotional Systems] |
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| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/the-rejection-elimination-toolkit-from.html The Rejection Elimination Toolkit: From Theory to Practice] |
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| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/ai-powered-sales-resilience-90-day.html Sales Resilience: A 90-Day Bootcamp for Handling Rejection with Technology] |
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| | *[https://www.indeed.com/career-advice/career-development/how-to-handle-rejection-in-sales How To Handle Rejection in Sales in 7 Steps (With Tips)] | | *[https://www.indeed.com/career-advice/career-development/how-to-handle-rejection-in-sales How To Handle Rejection in Sales in 7 Steps (With Tips)] |
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| | *[https://archive.ph/38yHU#selection-251.0-251.62 The Psychology Behind Fearing Rejection and How to Overcome It] | | *[https://archive.ph/38yHU#selection-251.0-251.62 The Psychology Behind Fearing Rejection and How to Overcome It] |
| | *[https://www.briantracy.com/blog/personal-success/fear-of-rejection/ How To Overcome The Fear Of Rejection] | | *[https://www.briantracy.com/blog/personal-success/fear-of-rejection/ How To Overcome The Fear Of Rejection] |
| | + | |
| | + | == Sales producer mentality/identity. Sales and work ethic == |
| | + | |
| | + | See also: [[Work ethic]] and [[Mindset]] and [[Identity (psychology)]] and [[Discipline]] and [[Attitude]] and [[Emotional stability]] and [[Emotional intelligence]] and [[Self-regulation]] and [[Skill]] and [[Motivation]] and [[Productivity]] and [[Self-motivation]] and [[Self-confidence]] and [[Problem solving]] |
| | + | |
| | + | A strong sales producer mentality is built around ownership, [[psychological resilience]], and value creation. It’s the [[Identity (psychology)|identity]] of someone who doesn’t see themselves as an order-taker, but as a [[Problem solving|problem-solver]] whose job is to move outcomes forward. Producers focus on what they can control: activity level, [[skill]] development, follow-up, and [[emotion]]al discipline. Rejection isn’t personal; it’s data. Obstacles aren’t signals to stop; they’re signals to adjust. This [[mindset]] also includes long-term thinking — planting seeds, nurturing relationships, and understanding that today’s effort often pays on a delay. A true producer measures their day by inputs (calls made, conversations started, proposals sent, [[skill]]s practiced) because consistent inputs are what eventually make results predictable. |
| | + | |
| | + | '''The Compounding loop:''' skills → conversations → self-confidence → activity → sales results |
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| | + | Sales success is inseparable from [[work ethic]], but not just in the “grind harder” sense. Effective work ethic in sales means sustained, focused effort on the highest-leverage actions, even when [[motivation]] fluctuates. It’s doing the follow-ups others avoid, preparing before conversations, tracking numbers honestly, and improving weak spots instead of hiding from them. [[Discipline]] beats mood. Over time, this creates a compounding effect: better skills lead to better conversations, which lead to higher [[self-confidence]], which fuels more activity. Work ethic, in this context, is less about hours and more about standards — the personal non-negotiables that ensure performance doesn’t depend on how you feel that day. |
| | + | |
| | + | '''Core principles:''' |
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| | + | * Ownership over outcomes |
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| | + | * Input‑driven execution |
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| | + | * Emotional stability |
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| | + | * Long‑term orientation |
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| | + | * Skill compounding over time and not plateauing |
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| | + | * Identity‑based discipline |
| | + | |
| | + | '''Mindset / Discipline Are Frequently Linked to Failure''': |
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| | + | While not precise percentages, research and industry analysis consistently identify psychological and behavioral factors as major predictors of success or failure — including traits that are part of the producer identity and work ethic you describe: |
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| | + | '''1. Psychological and belief factors''' |
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| | + | One sales performance analysis suggested that around 65% of salespeople are poor to average performers and that psychological factors ([[belief]]s, [[attitude]], [[behavior]]) explain a large portion of underperformance. |
| | + | This aligns with the idea that identity + discipline — not just technical skill — shapes whether someone thrives in sales (See: [https://www.linkedin.com/top-content/productivity/managing-underperformance/common-reasons-salespeople-underperform/?utm_source=chatgpt.com Common Reasons Salespeople Underperform]). |
| | + | |
| | + | '''2. Lack of commitment or motivation''' |
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| | + | In one detailed assessment of sales traits (“Sales DNA”), 37% of salespeople lacked commitment to success, and 60% made excuses for poor performance, both of which tie directly to work ethic and mental models (See: [https://www.kurlanassociates.com/understanding-the-sales-force/2018/the-wrong-salespeople-are-hired-77-of-the-time/?utm_source=chatgpt.com The Wrong Salespeople are Hired 77% of the Time]). |
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| | + | '''3. Weak Sales DNA correlates with failure''' |
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| | + | Among weaker performers, overwhelming majority lacked the core traits predictive of success — including [[Psychological resilience|resilience]], [[persistence]], and [[motivation]] — which are core to a producer identity (See: [https://www.kurlanassociates.com/understanding-the-sales-force/2018/the-wrong-salespeople-are-hired-77-of-the-time/?utm_source=chatgpt.com The Wrong Salespeople are Hired 77% of the Time]). |
| | + | |
| | + | '''Articles:''' |
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| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/sales-producer-identity-how-to-install.html Sales: The Producer Identity: How to Install It and Live It] |
| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/why-identity-is-hidden-variable-in.htmlWhy Identity Is the Hidden Variable in Sales Performance] |
| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/the-sales-identity-stack-three-layers.html The Sales Identity Stack: The Three Layers Every Rep Must Build] |
| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/the-architecture-of-highperformance.html The Architecture of a High‑Performance Sales Environment] |
| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/the-psychological-demands-of-sales.html The Psychological Demands of Sales Nobody Talks About] |
| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/how-to-build-sales-system-that-makes.html How to Build a Sales System That Makes Success Automatic] |
| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/the-work-ethic-advantage-why-sales.html The Work Ethic Advantage: Why Sales Success Starts After 5 PM] |
| | + | *[https://efficiencyandmanagement.blogspot.com/2026/01/why-so-many-people-wash-out-of-sales.html Why So Many People Wash Out of Sales — And Why Preparation Changes Everything] |
| | + | |
| | + | == Sales plateau == |
| | + | |
| | + | ''See also:'' [[Sales plateau]] and [[Sales training]] |
| | + | |
| | + | A [[sales plateau]] is a period of time where a salesperson, sales team, company or organization experiences stagnant or declining revenue growth, despite efforts to increase sales volume. |
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| | + | Articles: |
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| | + | *[https://www.robinwaite.com/blog/overcoming-sales-plateaus-strategies-for-business-growth#:~:text=FAQs%20on%20Overcoming%20Sales%20Plateaus&text=A%20sales%20plateau%20refers%20to,ineffective%20sales%20and%20marketing%20strategies. Overcoming Sales Plateaus: Strategies for Business Growth] |
| | + | *[https://huuray.com/glossary/understanding-plateau-programs/#:~:text=The%20Concept%20of%20Plateau%20Program&text=In%20sales%2C%20it's%20not%20uncommon,sales%20reps%20and%20organizations%20alike. Understanding Sales: What Is A Plateau Program?] |
| | + | *[https://www.linkedin.com/advice/1/what-effective-strategies-overcoming-sales-performance-kfupc#:~:text=What%20are%20effective%20strategies%20for%20overcoming%20sales,%C2%B7%207%20Here's%20what%20else%20to%20consider. What are effective strategies for overcoming sales performance plateaus?] |
| | + | *[https://www.linkedin.com/pulse/why-do-sales-teams-plateau-ali-mirza#:~:text=Sales%20plateaus%20occur%20once%20we,the%20team%20has%20fully%20peaked. Why do sales teams plateau?] |
| | + | *[https://brokerblog.wordandbrown.com/sales-marketing-tips/break-through-performance-slumps Overcoming Sales Plateaus: 9 Tips to Break Through Performance Slumps] |
| | + | |
| | + | == Increasing writing and verbal abilities and increasing sales abilities == |
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| | + | *[https://grok.com/share/c2hhcmQtNA%3D%3D_1a033311-cd8c-4f11-93b9-b3c9ecf9f0e0 Statistically, how much will improving one’s writing ability and verbal/speaking abilities improve one's sales ability?], AI |
| | | | |
| | == Harvard Business Review articles on sales == | | == Harvard Business Review articles on sales == |
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| | According to Ziprecruiter.com, as of April 2025, the average salesrep earns $76,681. | | According to Ziprecruiter.com, as of April 2025, the average salesrep earns $76,681. |
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| − | The U.S. Bureau of Labor Statistics includes cashiers as salespeople which depresses the reported median annual wage reported. Many people do not consider cashiers to be salespeople although some cashiers attempt to upsell even though they typically receive no bonuses for these upsells. | + | The U.S. Bureau of Labor Statistics includes cashiers as salespeople which depresses the reported median annual wage reported. Many people do not consider cashiers to be salespeople although some cashiers attempt to upsell (even though they typically receive no bonuses for these upsells). |
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| | According to the U.S. Bureau of Labor Statistics: | | According to the U.S. Bureau of Labor Statistics: |
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| | The median annual wage for this group was $36,760 in May 2023, which was lower than the median annual wage for all occupations of $48,060.<ref>[https://www.bls.gov/ooh/sales/ Sales Occupations], U.S. Bureau of Labor Statistics</ref>}} | | The median annual wage for this group was $36,760 in May 2023, which was lower than the median annual wage for all occupations of $48,060.<ref>[https://www.bls.gov/ooh/sales/ Sales Occupations], U.S. Bureau of Labor Statistics</ref>}} |
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| − | === Occupational outlook for salespeople and incomes for various sectors of salespeople === | + | === Occupational outlook for salespeople and incomes for various occupational sectors of salespeople === |
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| − | *[https://www.bls.gov/ooh/sales/ Sales Occupations: Occupational Outlook Handbook], Occupational outlook for salespeople and incomes for various sectors of salespeople | + | *[https://www.bls.gov/ooh/sales/ Sales Occupations: Occupational Outlook Handbook], Occupational outlook for salespeople and incomes for various occupational sectors of salespeople |
| | | | |
| | === Sales manager incomes === | | === Sales manager incomes === |
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| | *[https://www.membrain.com/blog/5-reasons-sales-is-actually-the-best-profession-on-earth 5 Reasons Sales Is the Best Profession On Earth] | | *[https://www.membrain.com/blog/5-reasons-sales-is-actually-the-best-profession-on-earth 5 Reasons Sales Is the Best Profession On Earth] |
| | + | *[https://www.c-levelpartners.com/6-reasons-why-sales-is-the-best-field-in-2024-and-beyond/ 6 Reasons Why Sales is the BEST Field in 2024 and Beyond] |
| | + | *[https://iankoniak.com/why-sales-is-the-greatest-career-in-the-world/ Why sales is the greatest career in the world!] |
| | + | *[https://salesgravy.com/heres-why-a-sales-career-is-the-profession-to-be-proud-of/ Here’s Why A Sales Career Is The Profession To Be Proud Of] |
| | + | |
| | + | === Book === |
| | + | |
| | + | *''The Greatest Job You Never Thought Of: How Anyone Can Find Career Satisfaction and Financial Independence in Sales'' by Frank Felker. Powerhouse Publishing (January 10, 2005) |
| | + | |
| | + | == Shark Tank investor Barbara Corcoran on Donald Trump as the greatest salesperson she ever met == |
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| | + | *[https://www.youtube.com/watch?v=d-pk-aVvVNs Shark Tank investor Barbara Corcoran on Donald Trump as the greatest salesperson she ever met] |
| | + | |
| | + | == Books == |
| | + | |
| | + | === Books on sales === |
| | + | |
| | + | *''[[The New Model of Selling]]: Selling to an Unsellable Generation'' by Jerry Acuff and Jeremy Miner. Morgan James Publishing (March 14, 2023). |
| | + | *''Sales Encyclopedia'' by John J. Chapin, Robert J. Chapin, Kyle Andrews, Bill Hall, Keith Mooradia and Jean Marie Reheuser. ASIN: B010CLRVJO, 2009 |
| | + | *''[[Smart Calling]]'': ''Eliminate the Fear, Failure, and Rejection from Cold Calling'' by Art Sobczak. John Wiley & Sons Inc; 1st edition (March 10, 2010) |
| | + | |
| | + | === Books on sales and marketing === |
| | + | |
| | + | *''Right on the Money: New Principles for Bold Growth'' by Colleen Francis. Morgan James Publishing (March 29, 2022) |
| | | | |
| − | == Books on recruiting top sales talent == | + | === Books on recruiting top sales talent === |
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| | * ''How to Hire Top Sales Talent: A Step-By-Step Guide'' by Bryan Payne. Bryan Payne (January 28, 2025) | | * ''How to Hire Top Sales Talent: A Step-By-Step Guide'' by Bryan Payne. Bryan Payne (January 28, 2025) |
| | * ''Six Figure Sales Recruiter'' by Ryan Hohman. Independently published (March 7, 2019) | | * ''Six Figure Sales Recruiter'' by Ryan Hohman. Independently published (March 7, 2019) |
| | *''The Right Person: The Secret To Recruiting Top Sales Talent'' by Russel Gregware. ASIN: B0BZFGDRPP. Publisher: Independently published (March 27, 2023) | | *''The Right Person: The Secret To Recruiting Top Sales Talent'' by Russel Gregware. ASIN: B0BZFGDRPP. Publisher: Independently published (March 27, 2023) |
| | + | |
| | + | == Related career of copywriting == |
| | + | |
| | + | *[https://www.linkedin.com/pulse/why-you-should-hire-copywriters-sales-experience-basil-damukaitis/ Why You Should Hire Copywriters with Sales Experience?] |
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| | == See also == | | == See also == |
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| | <references/> | | <references/> |
| | | | |
| | + | [[Category: Sales]] |
| | [[Category:Business]] | | [[Category:Business]] |