Marketing Dictionary

another definition in the dictionary:

Express_Warrant-a manufacturer's guarantee, stated in written or spoken words, that the product offered for sale will satisfactorily perform the task for which it is intended, and to the buyer's reasonable expectations. See Warranty, Implied Warranty, Promotional Warranty, Protective Warranty.

Bargaining_Powe-the strength or influence one party has in a business negotiation, the capacity of one party to dominate by virtue of its size or position or by a combination of personality and negotiating tactics.

Call

a visit to a client or prospective buyer by a sales representative to gather information, make a sales presentation, secure an order, etc.



see also:

Market_Penetrat
an approach to pricing in which a manufacturer sets a relatively low price for a product in the intr ...

another definition in the dictionary:

Marketing_Infor-an organisational section or entity whose purpose is to gather, organise, store, retrieve and analyse data relevant to a firm's past, present and future operations on an on-going basis in order provide support for management's marketing decisions, its four major components are an internal records bank (internally generated marketing information), a marketing intelligence bank (information from external sources), an analytical bank (statistical techniques and mathematical models), and an 'ad hoc' marketing research bank (research into non-recurring problems).

Make_or_Buy_Dec-a choice sometimes faced by a manufacturing company when considering the acquisition of a new product - to lease or purchase a product or to manufacture it internally.

Selling_Process
the separate, but related, stages forming the activity of personal selling, these include preapproac ...

another definition in the dictionary:

Adoption_Rate_D-factors which influence the rate of adoption of a new product. See Communicability, Compatibility, Complexity, Divisibility, Relative Advantage.

Leasing-the granting, under contract, of use of a product for an agreed upon period of time in return for a rental payment.

Marketing_Perfo
see Marketing Audit. ...

another definition in the dictionary:

Perceived_Risk-see Risk.

Industrial_Good-goods and services purchased by industrial buyers for use in the production of their own goods and services or in the conduct of their business, industrial goods can be broadly classified as equipment, raw materials and services. See Industrial Product Classes.

Correlation_Tec
a range of statistical techniques used to discover relationships between diverse elements in a marke ...

another definition in the dictionary:

Cluster_Analysi-a multivariate statistical technique used to identify entities with similar characteristics from those without them.

Body_Language-a nonverbal form of communication in which posture, facial expressions, hand movements, etc, convey a message from sender to receiver. See Nonverbal Communication, Kinesic Communication, Proxemic Communication, Tactile Communication.

Exploratory_Res
desk research undertaken before primary research is commenced in a marketing research study, includi ...

another definition in the dictionary:

S_Type_Response-a response to an advertisement or an advertising campaign which is slow to take effect but gradually gathers pace. See C-Type Response.

Indirect_Denial-handling a buyer's objection by initially admitting the validity of the objection in order to maintain rapport but then offering evidence to rebut the objection, sometimes referred to as the 'Yes, but... Method.' See Objections.


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