Marketing Dictionary

another definition in the dictionary:

Brand_Loyalists-consumers who remain loyal to a brand over a long period of time. See Brand Loyalty, Brand Promiscuity, Brand Switching.

MAANZ-abbrev. Marketing Association of Australia and New Zealand.

Bait_Pricing

advertising an item at an unrealistically low price as 'bait' to lure customers to a store or selling place. See Bait and Switch Pricing.



see also:

Blue_Sky_Laws
legislation intended to prevent sales to gullible investors. ...

another definition in the dictionary:

Motive-an inner state directing a person towards the satisfaction of a need. See Learning Process.

Individual_Prod-see Product Item.

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:

Product_Positio-marketing decisions and actions intended to create a particular place for a product in the market and in the minds of consumers, a product positioning strategy may attempt to differentiate a marketing offer from a competitor's or to appear similar to it.

Bells_and_Whist-the optional features built into a basic product to satisfy or impress as large as possible a number of buyers, the term 'plain vanilla' is an equivalent slang term used to describe a product with only the most basic features.

Centre_of_Influ
a prospecting method based on referrals, a salesperson uses influential people (bankers, solicitors, ...

another definition in the dictionary:

Micromarkets-markets in which the volumes of demand are relatively small owing to the fragmentation or splintering of mass markets, markets in which there is great diversity in the needs and wants of customers. See Mass Marketing.

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

Resale_Price_Ma
a practice, now illegal in Australia, in which the manufacturer fixes the price at which a buyer may ...

another definition in the dictionary:

Loyalty_Objecti-one of three possible aims or objectives (with loading objective and trial objective) of a consumer sales promotion, purchasers are offered incentives to stay loyal to a particular brand. See Loading Objective, Trial Objective.

Depth_of_Produc-see Product Line Length.

Return_on_Equit
a measure of a firm's profitability, profit achieved in a given period is expressed as a percentage ...

another definition in the dictionary:

Complementary_P-the pricing of one product at the optimum level, regardless of cost or profit considerations, so that the demand for another product which is used with it will increase and so maximise the profits from both products together.

Intangibility-one of the four characteristics (with inseparability, perishability and variability) which distinguish a service, intangibility expresses the notion that a service has no physical substance. See Services Marketing, Inseparability, Perishability, Variability.


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