Marketing Dictionary

another definition in the dictionary:

Majority_Fallac-the erroneous belief that the biggest segment of a market will be the most profitable one for a firm to enter, competition will usually be keenest in the biggest segment. See Market Segmentation.

Deceptive_Prici-the pricing of goods and services in such a way as to cause a customer to be misled, an example of deceptive pricing is bait-and-switch pricing. See Bait-and-Switch Pricing.

Drive

a motivating force or need sufficiently strong to impel a person to seek its satisfaction. See Learning Process.



see also:

Knocking_Copy
advertising copy in which one manufacturer compares a product to the product of another, under the A ...

another definition in the dictionary:

Concept_Develop-a two-phase stage in the development of a new product in which potential buyers are presented first with the idea or description of the new product (concept testing) and later with the product itself in final or prototype form (product testing), in order to obtain their reaction. See Product Testing, New Product Development.

Intangibles-see Services.

Australian_Stan
a basic guide to product standards for a wide range of products, published by the Standards Associat ...

another definition in the dictionary:

Pass_Up_Method-handling a buyer's objection by attempting to ignore or 'pass off' the buyer's objection, especially if there is reason to believe that the objection is not made seriously and does not warrant a response. See Objections.

Better_Mousetra-the mistaken notion that if a company produces a technically better product than its competitors it will be more successful in the marketplace.

Foreign_Market_
expansion by entering an overseas market, the four possible ways of entry an overseas market are by ...

another definition in the dictionary:

Exclusive_Assor-an assortment strategy in which a reseller decides to carry the product line of only one manufacturer. See Assortment Strategies, Broad Assortment, Deep Assortment, Scrambled Assortment.

Halo_Effect-the transfer of goodwill from one product in a company's line to another, the attribution, by association, of the qualities of one item to others in the group.

Electronic_Shel
see Shelf-Talkers ...

another definition in the dictionary:

Marketing_Progr-the combination of all of an organisation's marketing plans.

Federation_of_A-an association of Australian commercial radio stations responsible for the control of radio advertising standards, the federation must preview and approve all radio commercials before they are broadcast.

Consumer_Sales_
excluding advertising, personal selling and publicity - intended to motivate potential purchasers of ...

another definition in the dictionary:

Escalator_Claus-a clause in a contract which allows a tenderer to adjust the final amount charged to take account of price rises in component parts between acceptance of the bid and completion of the delivery, installation, etc.

Commodity_Marke-markets typified by the homogeneity of products and a virtual irrelevance of branding.


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