Marketing Dictionary

another definition in the dictionary:

Mark_Down_Ratio-the difference between the original selling price of an article and the price to which it is reduced in order to sell it, expressed as a percentage of the reduced price, that is, if a firm sells an article originally priced at $20 for a reduced price of $15, the mark-down is $5 and the mark-down ration is 33.3 per cent, $5 being one third of $15.

Audiotext-a relatively new, alternative promotional medium in which an advertiser's recorded message is reached by an interested potential purchaser by telephone. See Alternative Media.

Deep_Assortment

an assortment strategy in which a reseller decides to carry many variants of each product in the range. See Assortment Strategies, Broad Assortment, Exclusive Assortment, Scrambled Assortment.



see also:

Outdoor_Adverti
advertising by means of posters and signs, stationary or mobile. ...

another definition in the dictionary:

Endorsements-recommendations to purchase a particular brand of product made in advertisements by well-known personalities or experts.

Date_Code-a date on a package indicating either the date by which the product should be used or the date the product was packed. See Date Stamping.

Credit
the allowance of time in which to pay for a purchase. See Consumer Credit. ...

another definition in the dictionary:

Sales_Response_-a measure of the likely level of sales in a given period at different levels of expenditure on any of the major marketing mix variables.

European_Econom-a group of European nations acting as a trading block, limiting trade barriers among members and applying common tariffs to products from non-members.

Dual_Distributi
a system of marketing channel organisation in which a manufacturer uses two approaches simultaneousl ...

another definition in the dictionary:

Brand_Map-see Perceptual Mapping.

Extension_Appro-an approach to global pricing in which a firm sets the same price for its product around the world and expects purchases to pay whatever additional freight and import costs apply. See Adaptation Approach to Pricing, Geocentric Approach to Pricing.

Free_Market
a market place which has minimum direct involvement of government in market decisions. ...

another definition in the dictionary:

Audimeter-an electronic device to record which particular television channel is tuned to by a household, marketing research firms use audimeters attached to a sample of TV sets to measure national exposure to TV advertisements, commonly referred to as a 'peoplemeter' or 'black box'. See Advertising Effectiveness.

Expectancy_Valu-a model used in the study of consumer decision processes to evaluate alternative brands. In this model, brand attributes are weighted, a consumer's beliefs about each brand's attributes are multiplied by the respective weights to produce a preference ranking of the alternatives. Other models of brand evaluation include the ideal brand model, the conjunctive model, the disjunctive model, the lexicographic model and the determinance model.

Favorability_Sc
a scaling device for measuring a target audience's feelings or attitudes towards a company or its pr ...

another definition in the dictionary:

ADvertising_to_-the measure of the proportion of advertising space to editorial matter in a newspaper or magazine.

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.


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