Marketing Dictionary

another definition in the dictionary:

Reliability-the accuracy with which data in a marketing research study has been collected, a reliable marketing research study should produce similar results if repeated.

Brand_Harvestin-decreasing marketing expenditure on a brand to zero, or to a minimal level, when sales and profits begin to decline, relying on its purchase by loyal customers to sustain it, brand harvesting (which often precedes total elimination of the brand) is usually undertaken to free up cash with which to pursue new market opportunities.

False_Objection

see Hidden Objection, Objections.



see also:

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:

Response_Sellin-a elementary form of selling, common in retailing, in which the salesperson simply responds to the customer's demands, little creativity or persuasion is used.

Economic_Enviro-factors in the economy, such as inflation, unemployment, interest rates, etc., that influence the buying decisions of consumers and organisations.

Buyer
the individual who handles the actual purchase in a buying decision, a purchasing officer. See Buyin ...

another definition in the dictionary:

Foreign_Market_-expansion by entering an overseas market, the four possible ways of entry an overseas market are by exporting, licensing, joint venturing or direct ownership.

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

Brand_Identific
decisions relating to the type of brand to give to a product, four brand identity alternatives are a ...

another definition in the dictionary:

Response_Elasti-a measure of the degree to which individuals or groups respond to a marketing program.

Counter_Adverti-advertising sponsored by pressure groups in opposition to certain products.

Expectancy_Valu
a model used in the study of consumer decision processes to evaluate alternative brands. In this mod ...

another definition in the dictionary:

Moving_Average-a forecasting method using the average volume achieved in several recent sales periods to predict the volume likely to be sold in the next period.

Opportunity_Ana-see Marketing Opportunity Analysis.

FAMI
abbrev. Fellow of the Australian Marketing Institute. ...

another definition in the dictionary:

Selective_Selli-see Selective Distribution.

Oligopoly-a market situation in which there are only a few sellers, in an oligoplistic situation the marketing action of one firm will have a direct effect on the others.


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