Marketing Dictionary

another definition in the dictionary:

Adoption-the choice of one product over another.

Market_Entry_Ba-any circumstance or feature of a market which inhibits or deters a firm from entering it, the greatest market entry barrier is the presence of a firmly entrenched competitor with a significant competitive advantage.

Advertising_Bud

the sum allocated in a particular accounting period for expenditure on advertising, also called an Advertising Allocation or an Advertising Appropriation.

Advertising_Bud

decisions pertaining to the amount to be allocated to advertising expenditure in a given period, common approaches to advertising budget determination include arbitary allocation, percent of sales, competitive parity, objective and task and budgeting models. See All-We-Can-Afford Method, Percentage-of-Sales Method, Competitive Parity Budgeting, Objective and Task Method of Budgeting, Computer Modelling.



see also:

Individual_Bran
the part of the brand name which identifies a particular product when it follows a family brand name ...

another definition in the dictionary:

Profit_Objectiv-setting prices with short-run profits rather than long-term market share in mind.

Divest_Strategy-a planned decision to get out of a particular business or product line, to sell off.

Process_Materia
a classification of goods bought by organisations for incorporation into a product, the process mate ...

another definition in the dictionary:

Psychological_R-see Risk, Emotional Risk.

Selective_Selli-see Selective Distribution.

Ad_Hoc_Marketin
marketing research conducted in response to a specific, one-time-only need. ...

another definition in the dictionary:

Recycling-the collection and processing of used materials for reuse.

Computer_Modell-constructing and manipulating computer-based simulations of marketing situations to examine the consequences of alternative courses of action, computer models, often developed from an analysis of historical data, may be used to determine the optimum level of advertising and other promotional expenditure, etc. See Advertising Budget Determination.

Major_Equipment
long-lived business assets that must be depreciated over time, capital items. ...

another definition in the dictionary:

Procurement_Cos-the costs involved in reordering an inventory item, the costs include the cost of processing and transmitting the order as well as the cost of the item itelf.

Pareto_s_Princi-the idea or notion in business, commonly known as 'the 80:20 rule', which says that eighty per cent of the revenue comes from twenty per cent of the products, that eighty per cent of the sales volume is derived from twenty per cent of the customer accounts, etc, named after Vilfredo Pareto, the nineteenth century economist and sociologist.

Material_Manage
a relatively recent organisational trend in purchasing in which some companies combine several funct ...

another definition in the dictionary:

Buyer_Involveme-a measure of the time and effort a buyer is prepared to devote to the purchase of a particular item. See High-Involvement Products, Low-Involvement Products.

Kotler_s_Black_-a model devised by U.S. marketing academic, Philip Kotler, to explain the hidden nature of consumer decision-making, using the well-established analogy of the 'black box' to represent the human mind, Kotler describes the marketer's task as that of trying to understand why, how, when, and from whom, consumers buy. See Consumer Behaviour.


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