Marketing Dictionary

another definition in the dictionary:

Point_of_Purcha-a form of promotion used to support personal selling and advertising, displays, consisting of packages, signs, display cartons and so on (more common in the marketing of consumer goods) are used to provide additional product information and to impel on-the-spot buying.

Business_Plan-a blueprint for building a company, containing a definition of the company's mission, identified opportunities, objectives, strategies and action plans and control and evaluation measures.

Brand_Extension

the use of a well-known brand name to launch a new product, of an unrelated category, into the market, also called Franchise Extension.



see also:

Maintenance_Sel
generating sales volume from existing customers. ...

another definition in the dictionary:

KISS_Principle-acronym for 'Keep It Simple and Straightforward'

Alternative_Clo-a closing technique in which a salesperson presents two alternatives in an attempt to get a commitment from the buyer to one, (eg. 'The red or the black?', 'Cash or card?') See Close.

Exclusive_Distr
restricting the availability of a product to one particular outlet. See Distribution Intensity, Inte ...

another definition in the dictionary:

Market_Expansio-a growth strategy in which an organisation targets existing products to new markets, market development by targeting new geographic markets, new demographic or psychographic segments, or totally new users.

Competitive_Par-a method of allocating a promotion budget based on matching the activity of a major competitor.

Introductory_St
the first stage in the life cycle of a successful product, the product wins acceptance relatively sl ...

another definition in the dictionary:

Customer_Servic-a wide variety of activities intended to ensure that customers receive the goods and services they require to satisfy their needs or wants in the most effective and efficient manner possible.

Marketing_Myopi-short-sightedness in marketing, a failure by a firm to define its mission broadly enough result in the over-emphasis of product and the under-emphasis of customer needs and wants.

Employee_Poachi
the act of enticing key employees from one competing firm to another. ...

another definition in the dictionary:

Group_Prospecti-finding new customers by displaying and demonstrating merchandise at functions, clubs, home parties, etc. See Prospecting.

Industrial_Dist-a marketing intermediary, roughly equivalent to a wholesaler in consumer markets, who purchases industrial products in bulk from manufacturers for resale to small industrial users.

Sampling_Frame
the source from which sampling units (respondents) are chosen in a marketing research study, commonl ...

another definition in the dictionary:

Average_Fixed_C-a measure of cost control, calculated by dividing the total fixed cost of the goods produced by the number of units sold.

Buyer_Action_Th-a traditional point of view holding that a prospect buys after being guided through certain mental processes by a salesperson. See AIDA Concept, Buyer Resolution Theory, Formula Approach.


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