Marketing Dictionary

another definition in the dictionary:

Mathematical_Fo-mathematically stated relationships or models used to derive forecasts from historical data.

Marketing_Myopi-an influential article by U.S. academic, Theodore Levitt, published in Harvard Business Review in 1960, Levitt described the failure of management to define adequately the scope of their business as 'marketing myopia'.

Ansoff_Matrix

a tool, devised by Igor Ansoff, to provide a logical framework for the understanding and development of marketing objectives, the basis of the matrix is the degree of newness of the products to be sold and of the markets to be targeted.



see also:

Computer_Modell
constructing and manipulating computer-based simulations of marketing situations to examine the cons ...

another definition in the dictionary:

New_Product_Dup-the introduction by a company of a product that is known to the market but new to the company. See Innovation, Product Extension.

Publics-the various groups in a society which can influence or bring pressure to bear upon a firm's decision making and have an impact upon its marketing performance, these groups include the financial public, media public, government public, citizen action public, local public, general public and international public.

Product
a bundle of need-satisfying tangible and intangible attributes offered to a buyer by a seller. See A ...

another definition in the dictionary:

Bait_Advertisin-an advertising practice, now illegal in Australia, in which attractive, low-priced goods, few or any of which are actually in stock, are advertised to attract purchasers to a store or selling place.

Marketing_Datab-data brought into an organisation through marketing research projects or a marketing information system and used as an aid to decision making. See Database Marketing.

Brand_Awareness
see Brand Familiarity. ...

another definition in the dictionary:

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.

Slippage-in sales promotion, the percentage of purchasers who fail to redeem an offer made with the purchase.

Planning
see Strategic Planning, Marketing Planning, Sales Planning. ...

another definition in the dictionary:

Price_Band-the range within which a product can be priced as dictated by competitive intensity and the perceived value of the product to consumers.

Herzberg_s_Theo-a theory of motivation developed by Henry Herzberg in which satisfiers (factors that cause satisfaction) are distinguished from dissatisfiers (factors which cause dissatisfaction). Thus, consumers will compare the number and degree of satisfiers to the number and degree of dissatisfiers before making purchase decisions. See Freudian Motivation Theory, Maslow's Theory of Motivation.

Selective_Deman
demand for a specific brand within a particular product class. ...

another definition in the dictionary:

Performance_Pri- price can often offset other 'time prices'. See Non-Monetary Price, Time Price.

AIA-abbrev. Advertising Institute of Australia.


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