Understanding the Consumer Goods Industry: Key Terms and Concepts
Classified in Economy
Written at on 
English with a size of 2.96 KB.
Consumer
person who buys things or uses
Retailer
company or persona who sells directly to the public, especially through shops
Wholesaler
person or company that sells goods in large quantities to shop keepers
Manufacturer
person or organization that makes goods
Distribution
person or company that supplies goods to shops or another business
Transaction
business done between people, often involving a buyer and seller
Goods
things that are produced to be sold
Services
doing something for customers but not producing goods
Value
how much something is worth in money
Supply
quantity of goods available
Turnover
the value of the goods or services sold during a certain period of time
Margin
difference between costs and selling price
Discount
reduction in the usual price of something
Deposit
small quantity of money that customers pay at the beginning
Bargain
something you buy cheaply or for less than the usual price
Invoice
document sent by a seller to a customer that lists the goods sold and how much they cost
Order
request by a customer for goods or services
Warehouse
a large building used to store goods
To Dispatch
to send goods to a place
To Purchase
a former word meaning to buy
To Refund
to give someone their money back
New Market
a home market
Export
markets are growing
Market Share
to 18%
Mass
Qatar is a profitable
Luxury
unattractive, companies cars are luxury
Money Out
debit
Pay Money Into
credit
Look In
browse
Enter Data or Info
key
Show
displays
Check
verified
Carryout
fulfilled
Accept
approved
Reject
denied
Trolley
cart
Website
Business Deal
transaction
C2C
sold by private
Promotion
general activities to promote, comment or talk
Publicity
general promotion through the media giving info to general public
Advert
short film, image or written notice
Slogan
word or phrase
Image
picture
Flyer
small piece of paper
Adv Medium
advertising vehicle
Target Group
objective public group
Creatives
people who propose and develop
Art Director
person who checks and revises ideas
Graphic Designers
people who create the final
Prd Manager
controls the production
Budget
money planned for something
Commercials
radio adverts
From
wholesalers
With
manufacturers
To
customers
Goods
to customers
For
the products