Marketing Dictionary

another definition in the dictionary:

Agricultural_Su-a product that is manufactured from farm produce but which is a substitute for a more traditional farm commodity. For example, soy-protein steaks are a substitute for beef steaks.

Basic_Accountin-the balancing relationship between a firm's assets and the sum of its liabilities and equity.

Dichotomous_Que

a closed-ended question in a marketing research questionnaire in which the respondent must choose one of only two possible responses. See Multichotomous Question.



see also:

Enterprise_Comp
firms of similar type vying for a consumer's business. See Competitors. ...

another definition in the dictionary:

Quality_Modific-any change made to the quality of a product.

Representativen-the degree to which a sample of consumers in a marketing research study represents the characteristics of the population as a whole.

Rational_Buying
reasons for buying that are based on logic or judgement rather than on emotion. ...

another definition in the dictionary:

Discount_House-a retailer specialising in consumer durables and soft goods, attracting customers with low prices, typically, discount houses operate on low mark-ups and offer a minimum of customer service.

Rational_Buying-reasons for buying that are based on logic or judgement rather than on emotion.

FABS
acronym for Features and Benefits Selling. ...

another definition in the dictionary:

Public_Relation-the relationship which exists between an organisation and its several publics, efforts to influence this relationship by obtaining favourable publicity.

Quantitative_Ma-marketing research that can be quantified, the collection of data that can be expressed in numerical terms.

Licensed_Charac
figures from fiction, television, movies, etc which are used, under license from their creators, in ...

another definition in the dictionary:

Activity_Report-reports requiring salespeople to provide details (such as number of calls made, new accounts opened, displays arranged, dealer sales meetings attended and so on) as a measure of their activity in a given period.

Buyer_Intention-a method of predicting future demand for a product by asking potential buyers for their likely requirements.

Lagged_Response
a delayed response by consumers to an advertising campaign, measuring the effect of a campaign which ...

another definition in the dictionary:

Adviser_Approac-a closing technique in which a salesperson specifies all that a customer will require to solve the problem at hand, and advises (or counsels) that the offer be accepted, also referred to as the Counsellor Close. See Close.

Active_Listenin-listening that is more than passively hearing what the customer is saying, implies the need for a salesperson to think while listening and to evaluate what is being said.


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