👉 Sold math, also known as closed-end sales, refers to the portion of total sales that is captured through immediate, direct transactions where products or services are sold for a fixed price at the point of sale. This type of sales is characterized by its predictability and immediacy, allowing businesses to forecast revenue more accurately. In contrast to open-end sales, which involve ongoing negotiations and potential discounts, sold math focuses on closing deals quickly, often with a higher margin due to the absence of markdowns or promotions. Understanding and optimizing sold math is crucial for effective inventory management, pricing strategies, and overall financial performance.
