Marketing Dictionary

another definition in the dictionary:

Cents_Off_Deal-see Price Packs.

Brinkmanship-a term used in negotiating in which one party bluffs or pushes the other to the very limit on price, terms, conditions, etc and refuses to concede further, the second party must call the bluff at the risk of losing the business.

Competitive_Equ

a market situation of relatively stable competitive position and activity.



see also:

Relative_Advant
the degree to which a new product is superior to an existing one, a major determinant of the rate of ...

another definition in the dictionary:

Competitive_Env-that part of the company's external environment which consists of other firms vying for patronage of the same market.

Premium_Pricing-see High-Price Strategy.

Homogeneous_Sho
shopping goods perceived by consumers to be essentially the same in quality and attributes, price is ...

another definition in the dictionary:

Action_Program-a detailed plan showing how major marketing tasks will be managed and implemented, who will do them, and when, also called an Action Plan.

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.

Industrial_Sell
all forms of personal selling to organisational and industrial buyers of products for resale, or for ...

another definition in the dictionary:

Family_Brand-a brand name used for a number of products in the same line, such as Revlon cosmetics or Heinz canned foods, also referred to as a Blanket Brand. See Corporate Branding, Individual Brand, Corporate Branding, Single Brand Name.

Cash_Cows-products or strategic business units within the organisation's mix which are characterised by high market share and low market growth, Cash Cows produce the revenue required to develop and support less successful or newer products. See Boston Consulting Group Portfolio Analysis Matrix, Dogs, Question Marks, Stars.

Brand_Equity
a term used in reference to the value of a well-known brand, brand equity can greatly affect the buy ...

another definition in the dictionary:

Managerial_Judg-a forecasting method in which predictions about the likely level of sales for a specified future period are made by experienced senior managers.

Referral_Sellin-selling to customers whose names have been suggested by previous satisfied customers.

Isolation_Effec
the notion that a price will appear more attractive if the product is placed in the store next to a ...

another definition in the dictionary:

Price_Band-the range within which a product can be priced as dictated by competitive intensity and the perceived value of the product to consumers.

Divisional_Mark-a marketing manager with responsibility for the marketing activities of one of the operating divisions of a company.


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