Marketing Dictionary

another definition in the dictionary:

Casual_Product_-broad classifications of products used to describe markets in everyday terms, eg. the pet food market, the photocopier market, the breakfast foods market, etc. See Standard Product Classes.

DMA-See Designated Marketing Area.

Brand_Harvestin

decreasing marketing expenditure on a brand to zero, or to a minimal level, when sales and profits begin to decline, relying on its purchase by loyal customers to sustain it, brand harvesting (which often precedes total elimination of the brand) is usually undertaken to free up cash with which to pursue new market opportunities.



see also:

Responsiveness
the degree to which people control their emotions when relating to others, used in selling as an ind ...

another definition in the dictionary:

Resale_Price_Ma-a practice, now illegal in Australia, in which the manufacturer fixes the price at which a buyer may resell the product.

Sell_In-see Selling-In.

Brand_Switching
the changing of support and conviction for one brand to a competing brand. See Brand Loyalty. ...

another definition in the dictionary:

Majority_Fallac-the erroneous belief that the biggest segment of a market will be the most profitable one for a firm to enter, competition will usually be keenest in the biggest segment. See Market Segmentation.

Segmentation_St-specific marketing approaches available to, or taken by, a firm in relation to the market segment or segments it wishes to target, four specific segmentation strategies are available - concentrated segmentation strategy, market segment expansion strategy, product line expansion strategy and differentiated segmentation strategy. See Concentrated Segmentation Strategy, Market Segment Expansion Strategy, Product Line Expansion Strategy, Differentiated Segmentation Strategy.

Consumer_Rights
fair entitlements due to consumers when buying from producers and resellers. ...

another definition in the dictionary:

Channel_Captain-a member of a marketing channel assuming a leadership role in organising the system in order to lessen conflict, achieve economies of scale and maximise business impact. See Marketing Channels.

Customer_Traini-training in the proper and efficient use of equipment given by a vendor to its customer's employees, provision of training by the vendor not only adds value to the product but also offers the vendor a means of differentiating itself from suppliers of the same or similar equipment.

Intangible_Prod
the unobservable characteristics which a physical good possesses, such as style, quality, strength, ...

another definition in the dictionary:

Containerisatio-the transportation of unitised and palletised goods by means of large crates or containers. See Palletisation, Unitisation.

Inflation-an economic situation in which rising prices result in a fall in the purchasing value of money.

Demand_Elastici
see Elasticity of Demand. ...

another definition in the dictionary:

Principle_of_In-a technique used in selling in which the salesperson, knowing the buyer's personal interests or buying motives, places emphasis on these in the presentation rather than on the features or benefits of the product.

False_Objection-see Hidden Objection, Objections.


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