Marketing Dictionary

another definition in the dictionary:

On_the_Job_Trai-sales training given in the field rather than in a formal classroom setting. See Curbside Sales Training, Formal Training.

Relative_Advant-the degree to which a new product is superior to an existing one, a major determinant of the rate of adoption of a new product. See Adoption Rate Determinants.

Balance_of_Trad

a given period.



see also:

Continuum_of_Sa
the idea that all kinds of sales jobs are similar in some respects but vary in the degree of difficu ...

another definition in the dictionary:

Open_Bid-a system, common in the government market, of calling for bids from selected suppliers.

Marketing_Advan-the competitive edge that can be gained by more accurately identifying customer needs and wants and by developing products which deliver superior satisfactions, or by being more effective and efficient in positioning, promotion or distribution. See Cost Advantage.

Defensive_Adver
advertising intended to combat the effects of a competitor's promotion. ...

another definition in the dictionary:

Concentrated_Se-one of four possible segmentation strategies (with market segment expansion strategy, product line expansion strategy and differentiated segmentation strategy), in a concentrated segmentation strategy a firm targets one product to one segment of the market. See Segmentation Strategies, Market Segment Expansion Strategy, Product Line Expansion Strategy, Differentiated Segmentation.

Judgment_Sample-a type of non-probability sample used in gathering primary data in marketing research, the sample is drawn from those whom the market researcher judges to be knowledgeable about the subject. See Probability Sample, Non-Probability Sample.

Franchising
an arrangement in which a supplier grants a dealer the right to sell a product in return for some pe ...

another definition in the dictionary:

Service_Mix-the range of services offered by a services marketing company.

Indirect_Denial-handling a buyer's objection by initially admitting the validity of the objection in order to maintain rapport but then offering evidence to rebut the objection, sometimes referred to as the 'Yes, but... Method.' See Objections.

Adaptive_Contro
a system of marketing control which allows for changes to be made to marketing objectives during a p ...

another definition in the dictionary:

Clutter-All non-programming time on radio and TV, this includes time given to advertsing commercials, station or channel promotions, station or channel identifications and program credits. Excessively high clutter levels may result in audience tune-out. See Clutter Level, Audience Tune-Out.

Audience_Qualit-a measure of the kind and quality of the target consumers likely to be exposed to the advertisement.

Consumer_Goods
items purchased by consumers for personal and household use, consumer goods are classified as durabl ...

another definition in the dictionary:

Gross_Sales-the total revenue from all sales to customers in a specified period.

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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