Marketing Dictionary

another definition in the dictionary:

Advertising-the paid, public, non-personal announcement of a persuasive message by an identified sponsor, the non-personal presentation or promotion by a firm of its products to its existing and potential customers. See Promotion.

Market_Segment_-one of four possible market segmentation approaches (with concentrated segmentation strategy, product line expansion strategy and differentiated segmentation strategy) available to a firm in relation to the segment or segments it wishes to target, in a market segment expansion approach a firm targets one product to several segments of the market, thus expanding the market for one product. See Segmentation Strategies, Concentrated Segmentation Strategy, Product Line Expansion Strategy, Differentiated Segmentation Strategy.

Boston_Consulti

a Harvard-based marketing consultancy, best known for its portfolio analysis technique devised in 1970. See Boston Consulting Group Portfolio Analysis Matrix.

Boston_Consulti

a marketing planning tool devised by the Harvard-based Boston Consulting Group, taking as its axes economies of scale and opportunities for differentiation, it indicates an organisation's optimal competitive strategy.

Boston_Consulti

a tool, devised by the Harvard-based Boston Consulting Group, for use in product and strategic business unit (SBU) planning, the matrix, based on the percentage rate of market growth per annum and the market share relative to the market leader, allows the planner to categorise each product or SBU as a 'Cash Cow', 'Star', 'Question Marks' (or 'Problem Child') or 'Dog', and to develop marketing strategies appropriate to each category's propensity to generate, or use, cash. See Cash Cows, Dogs, Question Marks, Stars.



see also:

Fixed_Sum_Per_U
an approach to promotional budget setting in which the total to be spent in a given period is the su ...

another definition in the dictionary:

Sales_Engineer-a salesperson hired primarily for engineering knowledge or strong technical skills.

C_Type_Response-a response to an advertisement or an advertising campaign which is immediately obvious. See S-Type Response.

Pull_Strategy
promotion to end-users (mainly by means of advertising, sales promotion and publicity) rather than t ...

another definition in the dictionary:

Call_Planning-the arrangement of a sales representative's visits to buyers into an orderly sequence, the setting of objectives, and the formulation of strategies for each call.

Manufacturer_s_-a brand owned or controlled by an organisation the primary commitment of which is to production rather than distribution, also called a National Brand. See Distributor's Brand, Private Brand.

Administered_Ve
a co-ordinated system of distribution channel organisation in which the flow of products from produc ...

another definition in the dictionary:

Expectancy_Valu-a model used in the study of consumer decision processes to evaluate alternative brands. In this model, brand attributes are weighted, a consumer's beliefs about each brand's attributes are multiplied by the respective weights to produce a preference ranking of the alternatives. Other models of brand evaluation include the ideal brand model, the conjunctive model, the disjunctive model, the lexicographic model and the determinance model.

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.

Price_Leader
a firm whose prices set a lead for other firms in the industry to follow. ...

another definition in the dictionary:

Experimental_Re-a systematic and scientific approach to marketing research in which the research manipulates one or a number of variables and measures any change in other variables.

Compensation_Me-handling a buyer's objection by admitting the validity of the objection but pointing out some advantage that compensates for it. See Objections.

Late_Majority
the large, conservative group in a community slower than all except the 'laggards' to adopt a new pr ...

another definition in the dictionary:

Routine_Rebuy-see Straight Rebuy.

Account_Manager-a sales representative responsible for a major customer account or group of major accounts, also referred to as an account executive.


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