Marketing Dictionary

another definition in the dictionary:

Emergency_Goods-a category of consumer goods consisting of items purchased quickly in necessity. See Consumer Goods, Convenience Goods.

Compensation_Me-handling a buyer's objection by admitting the validity of the objection but pointing out some advantage that compensates for it. See Objections.

Accelerated_Tes

market testing of consumer goods using a simulated store technique rather than an actual test market, also referred to as Laboratory Test Markets and Purchase Laboratories.



see also:

Advantage_Matri
see Boston Consulting Group Advantage Matrix. ...

another definition in the dictionary:

Agent-an intermediary or middleman who facilitates the flow of goods and services from producer to end-user, but who, unlike other members of the distribution channel, does not take title to them.

ADI-See Area of Dominant Influence.

Economic_Utilit
the ability of a good or service to satisfy a customer's needs or wants, the five kinds of economic ...

another definition in the dictionary:

Favorability_Sc-a scaling device for measuring a target audience's feelings or attitudes towards a company or its products. Responses are commonly recorded on a five-stage scale: 1. Very Unfavorable, 2. Somewhat Unfavorable, 3. Indifferent, 4. Somewhat Favorable, 5. Very Favorable. Also called Image Analysis. See Familiarity Scale.

High_Price_Stra-a planned approach to pricing, appropriate in situations of inelastic demand, in which an organisation decides to keep its prices high, reasons for such a strategy might include a growing super-premium segment of the market, overcrowding at the bottom-end of the market, or the desire to create a prestige image for the product. Also called Premium Pricing.

Direct_Competit
advertising intended to stimulate immediate purchase of a particular brand. See Indirect Competitive ...

another definition in the dictionary:

Marketing_Resea-a formal, planned approach to the collection, analysis, interpretation and reporting of information required for marketing decision-making.

Burst_Advertisi-a concentration of advertising expenditure over a limited time period. - See Drip Advertising Expenditure.

Lottery
a form of consumer sales promotion in which purchasers are offered to win prizes if their names are ...

another definition in the dictionary:

Purchase_Intent-the likelihood that a consumer will buy a particular product resulting from the interaction of his or her need for it, attitude towards it and perceptions of it and of the company which produces it.

Extensive_Decis-see Extensive Problem Solving.

Market
all the buyers and potential buyers of a product who profess some level of interest in it and who ca ...

another definition in the dictionary:

Experience_Curv-the pricing of a product at a lower than average-cost level on the basis that costs will decrease as production experience increases.

Consumables-see Consumer Non-Durables.


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