Marketing Dictionary

another definition in the dictionary:

Product_Categor-the specific generic to which a good or service belongs, for example, while Fanta is a brand name, the product category to which it belongs is soft drinks.

Gross_National_-the total market value of goods and services produced by a nation in a year.

Brand_Familiari

the awareness consumers have of a particular brand.



see also:

Boston_Consulti
a tool, devised by the Harvard-based Boston Consulting Group, for use in product and strategic busin ...

another definition in the dictionary:

Smart_Card-an ultra-thin card, similar to a bankcard or credit card, containing computer chips capable of receiving, storing and transmitting significant amounts of data with marketing applications.

Price_Sensitivi-see Price Elasticity.

Idea_Generation
the first stage in the new product development process - the sourcing of ideas for new products, imp ...

another definition in the dictionary:

Service_Managem-the equivalent of a product management system for service organisations.

Chain_Store-a group of retail stores, centrally owned and managed, generally carrying the same kind of merchandise.

Brand_Extension
the use of a well-known brand name to launch a new product, of an unrelated category, into the marke ...

another definition in the dictionary:

Marketing_Intel-information gathered from sources external to the firm for use in decision-making. See Marketing In formation System.

Reactive_Market-evaluation and control systems in which management finds that marketing performance is not satisfactory and takes corrective action, after-the-fact and steering control are reactive systems. See Proactive Marketing Control Systems, Adaptive Control System, After-the-Fact Control System, Steering Control System.

Consumer_Wearou
a decrease in the effectiveness of an advertisement or promotional campaign due to boredom and famil ...

another definition in the dictionary:

Product_Differe-a strategy which attempts (through innovative design, packaging, positioning, etc.) to make a clear distinction between products serving the same market segment.

Backward_Invent-an product strategy in international marketing in which a company produces a less complex version of its domestic product for developing and less-developed countries.

Sales_Forecast
an estimation of the likely volume of sales, measured in dollars and units, for a future planning pe ...

another definition in the dictionary:

Call_Back_Appro-making a second or subsequent attempt to sell to a particular buyer, usually presenting the product from an entirely new angle. See Call.

Loading_Objecti-one of a three possible aims or objectives (with loyalty objective and trial objective) of a consumer sales promotion, purchasers are offered incentives to buy a greater quantity of the product than they would otherwise have done. See Loyalty Objective, Trial Objective.


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