Marketing Dictionary

another definition in the dictionary:

Relative_Advant-the degree to which a new product is superior to an existing one, a major determinant of the rate of adoption of a new product. See Adoption Rate Determinants.

Market_Testing-introducing a new product and marketing program into a market on a limited basis in order to test both before a full launch. See New Product Development.

Competitors

firms vying for patronage of the same market. See Brand Competitors, Enterprise Competitors, Generic Competitors, Product-Form Competitors, Service-Form Competitors.



see also:

Bidding
a pricing method in which selling organisations bid for a buyer's custom, the bid is the seller's pr ...

another definition in the dictionary:

Manchester_Man-an old term for a salesperson, originally used in reference to salespeople hired by textile firms in Manchester, England, in the late eighteenth century to sell the goods produced by the developing factory system.

Distribution_Ba-pricing methods designed to recover or offset the costs associated with the shipment of goods to distant customers. See Geographic Pricing.

Exclusive_Deali
an arrangement in which a manufacturer prohibits a marketing intermediary from carrying competitors' ...

another definition in the dictionary:

Call_Report-a written record of sales calls made by a representative for submission to a supervisor. See Call.

Awareness_Set-the brands of which a consumer is aware, normally, the awareness set will be less than the total set of brands. See Choice Set, Evoked Set, Inept Set, Inert Set.

Post_Purchase_E
the quick mental assessment of a low-involvement product by a consumer after purchase. See Low-Invol ...

another definition in the dictionary:

Free_on_Board_P-a pricing method in which a producer bears only the costs involved of delivery of goods 'free-on-board' to a local carrier's despatch point, at that time, title for the goods passes to the purchaser, who is responsible for the remainder of the freight charge. See Geographical Pricing.

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

Price_Floor
A price, usually imposed by law, below which market prices are not permitted to floor, also called a ...

another definition in the dictionary:

Pareto_s_Princi-the idea or notion in business, commonly known as 'the 80:20 rule', which says that eighty per cent of the revenue comes from twenty per cent of the products, that eighty per cent of the sales volume is derived from twenty per cent of the customer accounts, etc, named after Vilfredo Pareto, the nineteenth century economist and sociologist.

Market_Leader-the company whose products hold the largest market share. See Market Challenger, Market Follower, Market Nicher.

Personal_Income
the wages, salary, etc. earned by an individual. ...

another definition in the dictionary:

Goods_Services_-the idea that products contain elements of both goods and services in varying degrees.

Data-facts or information gathered in a marketing research study. See Primary Research, Secondary Research.


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