or best offer

or best offer

Obo, abbreviation commonly used in classified ads, the seller is indicating they are prepared to accept the highest offer made for their product or service.

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Part of Speech: noun
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Industry/Domain: Professional careers
Category: Sales
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Related terms

best

Language; Dictionaries

Having good qualities in the highest degree; most good, kind, desirable, suitable, etc.; most excellent; as, the best man; the best road; the best cloth; the best abilities.

best

Language; Dictionaries

Utmost; highest endeavor or state; most nearly perfect thing, or being, or action; as, to do one's best; to the best of our ability.

best

Language; Dictionaries

In the highest degree; beyond all others.

features and benefits selling

Professional careers; Sales

Selling style in which a salesperson systematically relates each feature of a product being presented to a particular benefit which the feature will deliver to the buyer.

absolute cost advantage

Professional careers; Sales

The cost advantage one company has over another by having a cheaper source of raw materials, control of superior knowledge through patents, cheaper manufacturing or assembly ...

simulated store test

Professional careers; Sales

A form of pre-testing of new product introductions prior to full-scale commercialisation, to study their behaviour towards the new products, consumers selected from the target ...

stratified sample

Professional careers; Sales

A form of probability sample where respondents are chosen from a random sample of homogeneous sub-groups (according to a common characteristic) into which the total population has ...

unique selling point

Professional careers; Sales

The particular quality, feature or benefit of a product which a competitor's product, although similar, cannot or does not offer.

lead

Professional careers; Sales

A person or organization that has shown an interest in a particular product or service, can also be used to describe a person or organization that sales or marketing staff feel ...

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