Marketing Dictionary

another definition in the dictionary:

Freight_Charges-transportation costs involved in shipping goods from producer to customer.

Outer_Directed_-one of three broad groups of consumers (with inner-directed consumers and need-directed consumers) identified in the Stanford Research Institute's survey of American lifestyles, outer-directed consumers buy 'with an eye to appearances and to what other people think.' This group represents about two-thirds of consumers in the U.S. See Value and Life Style Program (VALS), Inner-Directed Consumers, Need-Directed Consumers.

Differential_Ad

the element or factor in a firm's product or strategy which makes it superior to that of a competitor.



see also:

Cash_Discount
a reduction in price offered to a buyer in return for prompt settlement of account. See Discount. ...

another definition in the dictionary:

Standard_Produc-categories into which products are grouped using formal systems such as the Australian Standard Industrial Classification and the Australian Standard Commodity Classification. See Australian Bureau of Statistics, Casual Product Classes.

Puppy_Dog_Close-a closing technique in which a salesperson urges an indecisive prospect to 'take it home, play with it overnight', believing that once the product is in the customer's keeping he or she will be unwilling to part with it.

Resale_Price_Ma
a practice, now illegal in Australia, in which the manufacturer fixes the price at which a buyer may ...

another definition in the dictionary:

Buddy_System-an on-the-job sales training method in which an experienced salesperson is responsible for the training of a new salesperson. See Curbside Training, Formal Training, On-the-Job Training.

Competitive_Nic-a segment in a market in which a company can compete effectively.

Inertia_Selling
a selling practice in which unsolicited goods and services are sent to consumers in expectation that ...

another definition in the dictionary:

Evaluative_Prob-questions posed by salespeople to help their understanding of a prospective customer's feelings on a subject.

Recruiting
see Sales Personnel Recruitment. ...

another definition in the dictionary:

Reciprocity-a practice, which may be illegal under the Trade Practices Act, in which a firm gives purchasing preference to a firm to which it sells. See Reverse Reciprocity.

Scanner_Systems-electronic equipment which allows product bar codes to be read, the information recorded by the scanning devices is used in marketing decision making, including inventory control. See Bar Codes.

Product_Differe
a strategy which attempts (through innovative design, packaging, positioning, etc.) to make a clear ...

another definition in the dictionary:

Rollout-the launch of a new product on a region by region basis as opposed to a national introduction, the rollout is intended to minimise the risk and to reduce the investment in production and marketing. See National Introduction, New Product Development.

Prestige_Pricin-a pricing strategy in which prices are set at a high level, recognising that lower prices will inhibit sales rather than encourage them and that buyers will associate a high price for the product with superior quality, also called Image Pricing. See Psychological Pricing.


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