Marketing Dictionary

another definition in the dictionary:

Demographic_Cha-variables within a nation's population, such as age, gender, income level, marital status, ethnic origin and education level.

Price_Adjustmen-allowances, discounts, etc. granted by a seller to meet the requirements or circumstances of specific buyers.

Bottom_Up_Appro

a participative approach to planning in which there is involvement at all levels, plans are developed at the lower levels of an organisation and funnelled up through consecutive levels until they reach top management. See Top-Down Approach to Planning.

Bottom_Up_Appro

an approach to promotion budgeting which takes as its basis the tasks that are thought to be necessary to achieve the specified promotion objectives, these tasks are costed and the total cost, when approved by top management, is the budget. See Objective and Task Budgeting, Top-Down Approach to Promotion Budgeting.

Bottom_Up_Appro

an approach to sales forecasting which takes market conditions rather than the company's objectives as its basis, sometimes referred to as the 'build-up' method. See Top-Down Approach to Sales Forecasting.



see also:

Full_Nesters
a term used to describe the stage in the typical family life cycle in which the household consists o ...

another definition in the dictionary:

Market_Segment-a group or sector within a heterogeneous market consisting of consumers or organisations with relatively homogeneous needs and wants, those within a market who will respond to a given set of marketing stimuli in a particular way. See Market Segmentation.

Cannibalisation-the loss of sales of an existing product to a new offering in the product line. See Planned Cannibalisation, Unplanned Cannibalisation.

S_Type_Response
a response to an advertisement or an advertising campaign which is slow to take effect but gradually ...

another definition in the dictionary:

Image_Pricing-see Psychological Pricing, Prestige Pricing.

Industrial_Sell-all forms of personal selling to organisational and industrial buyers of products for resale, or for use in manufacture, or for use in the operation of their businesses.

Price_Lining
pricing different products in a product line at various price points, depending on size and features ...

another definition in the dictionary:

Forward_Buy-the placement of an inventory purchase order earlier than required in order to take advantage of a special price offer, or similar.

Free_on_Board_P-a pricing method in which a producer bears only the costs involved of delivery of goods 'free-on-board' to a local carrier's despatch point, at that time, title for the goods passes to the purchaser, who is responsible for the remainder of the freight charge. See Geographical Pricing.

Consumer_Produc
categories of goods and services bought by consumers for their personal use, classes include conveni ...

another definition in the dictionary:

Celebrity_Testi-advertisements featuring endorsements of products by well-known personalities from the field of entertainment, sport, politics, etc.

Marketing_Contr-activities involved in checking that marketing action plans are producing the desired results, and the taking of corrective action if they are not.

Convenience_Goo
a category of consumer goods which are bought frequently, quickly and with a minimum of emotional in ...

another definition in the dictionary:

Product_Knowled-detailed knowledge of a product's features and benefits required by a salesperson to persuade a prospect to purchase.

Marketing_Depar-a term used to refer to the orientation of an organisation which has established a separate department to look after its marketing activities but which is not totally imbued with the marketing philosophy.


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