Marketing Dictionary

another definition in the dictionary:

Brand_Identific-decisions relating to the type of brand to give to a product, four brand identity alternatives are available - single brand name ('Pal' dog food), product-line brand name (Sears' Kenmore home appliance range), corporate brand name ('Kellogg's Sustain') and corporate family name ('Heinz Baked Beans'). See Individual Brand, Family Brand, Corporate Branding, Product-Line Brand Name, Single Brand Name.

Reactive_Market-evaluation and control systems in which management finds that marketing performance is not satisfactory and takes corrective action, after-the-fact and steering control are reactive systems. See Proactive Marketing Control Systems, Adaptive Control System, After-the-Fact Control System, Steering Control System.

Express_Warrant

a manufacturer's guarantee, stated in written or spoken words, that the product offered for sale will satisfactorily perform the task for which it is intended, and to the buyer's reasonable expectations. See Warranty, Implied Warranty, Promotional Warranty, Protective Warranty.



see also:

Social_Risk
concern or uncertainty in the buyer's mind that the purchase of the product under consideration will ...

another definition in the dictionary:

Institutional_M-a market consisting of schools, universities, hospitals, charities, clubs and similar organisations which buy goods and services for use in the production of their own goods and services.

Attitudes-enduring favourable or unfavourable feelings, emotions and action tendencies towards a issue or subject.

Kennel_Keeper
a colloquial term used in reference to a marketer whose products are largely 'dogs' - those with a r ...

another definition in the dictionary:

Merchandisers-retail stores which sell finished, non-food items, four types of merchandisers (categorised on the basis of service, price and product line) can be identified: specialty stores (full-service, high-price, limited product line), department stores, mass merchandisers, and discount stores (limited-service, low-price, wide product line).

Per_Diem_Expens-the payment of travel and accommodation expenses to a salesperson at a fixed daily rate.

Corporate_Umbre
a term used in reference to the use made of the corporate name and corporate image as a shield for n ...

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.

Clincher-an additional inducement offered to a potential buyer by a salesperson in order to close a sale, inducements might include price discounts, rebates, extended credit, reduced delivery charges, etc.

Follow_the_Lead
decisions and actions taken by a firm which chooses to follow the market leader as an alternative to ...

another definition in the dictionary:

Service_Insepar-see Inseparability.

Social_Marketin-the design, implementation and control of marketing activity intended to promote social causes or ideas within a target group in a society, a form of non-profit marketing.

Financial_Risk
concern in the buyer's mind that the product being considered for purchase is too expensive, or will ...

another definition in the dictionary:

Hierarchy_of_Ne-see Maslow's Hierarchy of Needs.

Non_Monetary_Pr-that which it costs a consumer, other than money, to buy a product, the non-monetary price of purchasing a product includes the time devoted to shopping for it and the risk taken that it will deliver the expected benefits. Non-monetary price is an important concept in social marketing - for example, the price of avoiding the cancellation of a driverís licence is the abstinence from alcohol if driving.


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