sales volume
/seɪlz ˈvɒljuːm/
Meaning
The total number of items, units, or products sold by a company during a specific period. Unlike sales revenue (which measures the money earned), sales volume focuses strictly on the quantity of goods sold.
Examples
-
Although our prices went down, our sales volume increased significantly.
Although our prices went down, our sales volume increased significantly.
-
We need to double our sales volume this quarter to meet our annual targets.
We need to double our sales volume this quarter to meet our annual targets.
-
The report shows a steady decline in sales volume over the last six months.
The report shows a steady decline in sales volume over the last six months.
-
High sales volume often allows companies to negotiate better prices with suppliers.
High sales volume often allows companies to negotiate better prices with suppliers.
-
Our main goal for the new product launch is to maximize sales volume quickly.
Our main goal for the new product launch is to maximize sales volume quickly.
Common Mistakes
-
✗ Our sales volume reached one million dollars last month.
✓ Our sales revenue reached one million dollars last month.
'Sales volume' refers to the quantity of units sold, not the monetary value. Use 'sales revenue' or 'sales value' when talking about money.
-
✗ We sold a high volume of sales this week.
✓ We had a high sales volume this week.
Saying 'sold a volume of sales' is redundant. Use 'had a high sales volume' or 'sold a high volume of products'.
Related Expressions
Practice
-
Even with low profit margins, a high ___ can keep a business profitable.
💡 The quantity of units sold.
Show answer
sales volume
-
The marketing campaign successfully boosted our ___ by twenty percent.
💡 The total number of products sold.
Show answer
sales volume