Marketing Dictionary

another definition in the dictionary:

Demand_Inelasti-see Inelasticity of Demand.

Copy_Testing

the pre-testing of advertising copy for print advertisements, usually by giving respondents a portfolio of dummy advertisements in a magazine format and asking them to recall copy points, or the post-testing of advertising copy, usually by asking respondents to look through an actual magazine and then comment on advertisements they remember.



see also:

Brand_Mark
the part of a brand which can be seen but not spoken, the logo, symbol or design that forms part of ...

another definition in the dictionary:

Competitive_Equ-a market situation of relatively stable competitive position and activity.

Polyopsony-a market situation in which there are no large buyers but many small ones.

Price_Elastic_S
segments of the market which are more responsive to price changes than other segments of the market. ...

another definition in the dictionary:

Blanket_Contrac-see Blanket Purchase Order.

Sensory_Retaili-a recent trend in retailing in which the retailer attempts to position the store and attract customers by making a visit to it an exciting visual, auditory, etc. experience. See Atmospherics.

Package
the wrapping, packet, carton, bottle, box, etc, used for containment, protection or promotion of a p ...

another definition in the dictionary:

Consultative_Se-an approach to personal selling emphasising the role of the salesperson as consultant, the salesperson assists the buyer to identify needs and find need-satisfactions in the product range, seeking to build long-term customer relationships leading to repeat business. See Relationship Selling.

Payback_Period-the time taken for a new product to recover its investment cost and to generate profits, used as a measure of performance for new products.

Marketing_Model
computer based simulations of realistic marketing situations which allow alternative decisions to be ...

another definition in the dictionary:

Standard_Test_M-a form of test market in which the company selects a small number of representative cities in which to trial the full marketing mix prior to a new product launch. See Test Marketing.

Price_Gouging-a monopolistic pricing technique in which the seller takes advantage of the lack of competition by charging unusually high prices relative to a product's cost.

Person_Marketin
marketing activity aimed at creating target market awareness, and a favourable opinion, of a particu ...

another definition in the dictionary:

Single_Product_-the decision by a producer to offer only one product variant with few, if any, options.

Limited_Service-a wholesaler providing less than the full range of services of some other wholesalers but attempting to compensate for this by offering lower prices. See Full-Service Wholesaler.


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