Entity who is in the business of evaluating and taking over
other people's risk for a fee variously called a commission,
interest, premium, or underwriting spread, or sponsors an
event or program by paying all or part ofthe associated
expenses in return for publicity or its name, message,
and/or product. Source:
Business Dictionary
A sales strategy where the seller
will provide opportunities to purchase related products or
services, often for the sole purpose of making a larger
sale. A popular example of upselling happens when a
fast-food customer orders a hamburger, and they are asked by
their cashier “Do you want fries with that?”, in an attempt
to get them to purchase more food. Other examples of
products that are upsold are warranties on electronics
purchases, and the purchase of a carwash after you purchased
gas at the gas station. Source: Business Dictionary
Value Added Reseller (VAR)
A VAR is a company that adds other features or services to
an existing product and resells it as a complete package.
For example, computer retailers such as Best Buy purchases
software such as the Windows Operating System and Microsoft
Office then combines them with hardware bought from
companies such as Dell and HP and sells customers a computer
complete with operating system and office applications.
The value added to a product by a business is the sale price
charged to its customer, minus the cost of materials and
other taxable inputs. A VAT is like a sales tax in that
ultimately only the end consumer is taxed. It differs from
the sales tax in that, with the latter, the tax is collected
and remitted to the government only once, at the point of
purchase by the end consumer. With the VAT, collections,
remittances to the government, and credits for taxes already
paid occur each time a business in the supply chain
purchases products. Source:
Wikipedia.
Viral marketing, viral advertising, or marketing buzz are
buzzwords referring to marketing techniques that use
pre-existing social networks and other technologies to
produce increases in brand awareness or to achieve other
marketing objectives (such as product sales) through
self-replicating viral processes, analogous to the spread of
viruses or computer viruses (cf. Internet memes and
memetics). It can be delivered by word of mouth or enhanced
by the network effects of the Internet and mobile networks.
Viral marketing may take the form of video clips,
interactive Flash games, advergames, ebooks, brandable
software, images, text messages, email messages, or web
pages. Source:
Don't Panic.
This term is used to describe an investor whose hidden
reason for investing in a compaqny is to cease ownership of
it directly or indirectly.
Warehousing
Warehousing is the large scale storage and processing of
goods for distribution. Warehousing is used by
manufacturers, importers, exporters, wholesalers, etc.
Warehouses are often equipped with cranes and forklifts to
move goods onto transportation equipment such as railways
and trucks.
When you get paid by the hour it is called wages. In
contrast with salary you get a set amount of payment. An
example of a job that gets a salary is a teacher. It doesn't
matter how much homework they grade over weekends and
vacations, they get the same amount of money. Source:
Answers.com
A person or firm that buys large quantity of
goods from various producers or vendors, warehouses them,
and resells to retailers. Wholesalers who carry only
non-competing goods or lines are called distributors.
Source:
Business Dictionary.
Current assets minus current liabilities.
Working capital measures how much in liquid assets a company
has available to build its business. The number can be
positive ornegative, depending on how much debt the company
is carrying. In general, companies that have a lot of
working capital will be more successful since they can
expand and improve their operatinos. Companies with negative
working capital may lack the funds necessary for grwoth.
Source:
Investor Words.
