Marketing Dictionary

another definition in the dictionary:

SELECT-acronym for Situation analysis, Explicit statement of the problem, Laying out the research design and collecting data, Evaluating the data and making a decision, Creating a plan to implement the decision and Testing the correctness of the decision - a six-step approach to the process of marketing research.

Credit_Card-a small card, usually of plastic, used to obtain consumer products without immediate payment, the card is issued by a financial institution on the understanding that the consumer repays sums spent against the card with interest.

Advertising_Obj

specific aims or intentions of an advertisement (for example, to inform, to persuade, to remind).



see also:

Reinforcement_A
advertising intended to reassure purchasers, to tell them that they have done the right thing in buy ...

another definition in the dictionary:

Package-the wrapping, packet, carton, bottle, box, etc, used for containment, protection or promotion of a product. See Packaging.

Responsiveness-the degree to which people control their emotions when relating to others, used in selling as an indicator of social style. See Social Styles, Amiable, Analytical, Driver, Expressive.

Brand_Life_Cycl
a concept, building on the product life cycle concept, which states that brands also have a life cyc ...

another definition in the dictionary:

Sliding_Commiss-a compensation method in which salespeople are paid commissions at a changing rate depending on the quantity sold. See Progressive Commission, Regressive Commission.

Negotiated_Sell-a selling approach in which a salesperson attempts to produce a ?win-winî outcome for both parties. The approach entails the assumption of a partnership between buyer and seller, the salesperson acting as a counsellor to assist the buyer to find the best solution to a problem.

Pricing_Strateg
the element of a firm's decision-making concerned with the setting of prices that will attract the t ...

another definition in the dictionary:

Quality_Modific-any change made to the quality of a product.

Lost_Account_Ra-a measure used to evaluate salespeople in which the salesperson's ability to keep prior accounts as active customers is calculated.

Customer_Panels
see Focus Group. ...

another definition in the dictionary:

Business_Streng-a measure of the ability a firm has to compete successfully in a particular market.

Price_Discounti-see Discount.

Distribution_Ch
see Marketing Channels. ...

another definition in the dictionary:

Demand_Backward-a method of pricing in which prices are set by determining what consumers are willing to pay, then, costs are deducted to see if the profit margin is adequate.

Countermarketin-marketing activity intended to abolish interest in, and demand for, a product.


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