Marketing Dictionary

another definition in the dictionary:

Delphi_Techniqu-a forecasting method in which a cordinator seeks predictions from experts who revise their opinions in light of the opinions of the others until some degree of consensus is reached.

Quality_Control-measures taken by organisations to ensure that all legal requirements, and consumer expectations, of their products are met, good product performance, achieved by efficient quality control, helps to ensure that consumers will become repeat purchasers.

Extensive_Probl

buying situations which require considerable effort because the buyer has had no previous experience with the product or suppliers, also called Extensive Decision Making. See Limited Problem Solving, Routine Problem Solving.



see also:

Atmospherics
the combination of store decor, physical characteristics and amenities provided by a retailer to dev ...

another definition in the dictionary:

Microsales_Anal-the analysis of the sales performance of an organisation during a particular accounting period by close examination of the work of individual representatives, or of specific products, regions, territories, etc, which failed to achieve the expected results.

Price-the value agreed upon by the buyer and the seller in an exchange, one of the four controllable variables (with product, promotion and place) of the marketing mix. See Marketing Mix.

Served_Market
that part of the total market which a company decides to target, also called the Target Market. ...

another definition in the dictionary:

Bait_and_Switch-advertising an item at an unrealistically low price as 'bait' to lure customers to a store or selling place and then attempting to steer them to a higher-priced item.

Brand_Establish-the building-up of a brand in the introductory stage of the product's life cycle, brand establishment involves developing an effective distribution network for the product and convincing consumers to buy it. See Introductory Stage of the Product Life Cycle.

Contract_Carrie
a transportation firm operating exclusively in one industry and contracted to particular firms. ...

another definition in the dictionary:

Reduced_Price_P-a type of consumer sales promotion in which two or more units of the same product are banded together and sold at a lower price.

Product_Differe-a marketing philosophy in which the seller views the market as a homogeneous whole, but produces two or more products for it, the products, differing in attributes (price, style, quality, etc), are designed to offer variety rather than to satisfy the needs and wants of different market segments. See Mass Marketing, Target Marketing.

Catalogue_Showr
see Catalogue Retailer. ...

another definition in the dictionary:

Logo-a distinctive mark, sign or symbol, or a graphic version of a company's name, used to identify and promote its product.

National_Brand-see Manufacturerís Brand

Brand_Revitalis
strategy employed when a brand has reached maturity and profits begin to decline, approaches to revi ...

another definition in the dictionary:

Contractual_Ver-a form of vertical marketing system in which independent firms at different levels of distribution are tied together by contract to achieve economies of scale and greater sales impact. See Administered Vertical Marketing System, Corporate Vertical Marketing System, Vertical Marketing System.

Computer_Modell-constructing and manipulating computer-based simulations of marketing situations to examine the consequences of alternative courses of action, computer models, often developed from an analysis of historical data, may be used to determine the optimum level of advertising and other promotional expenditure, etc. See Advertising Budget Determination.


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