Marketing Dictionary

another definition in the dictionary:

Caveat_Emptor-a Latin term meaning 'let the buyer beware'. The term implies that it is the customer's responsibility rather than the seller's to ensure that the goods or services offered for sale are able to deliver the desired satisfactions. Caveat Emptor is totally contrary to the marketing concept. See Caveat Vendor.

Ethics-see Marketing Ethics.

Features_and_Be

a selling style in which a salesperson is careful to relate each feature of the product being presented to a particular benefit which the feature will deliver to the buyer.



see also:

Market_Based_Ma
a marketing structure of an organisation in which staff specialists have responsibility for particul ...

another definition in the dictionary:

Common_Market-a group of geographically associated countries limiting trade barriers among member nations and applying common tariffs to products from non-members, also known as regional trading blocks. See European Common Market.

Discount_Store
see Discount House. ...

another definition in the dictionary:

Full_Nesters-a term used to describe the stage in the typical family life cycle in which the household consists of parents and growing children, three sub-stages of 'full nesters' are used by marketers in targeting their products: Full Nest 1, where the youngest child is under six years of age, Full Nest 2, where the yougest child is over six, and Full Nest 3, where the household consists of parents and older dependent children. See Family Life Cycle.

Physical_Risk-concern in the buyer's mind that the product being considered for purchase will be harmful, unhealthy or cause injury.

Bundled_Pricing
see Bundling. ...

another definition in the dictionary:

Elasticity_of_D-a measure of the degree to which any change in the price of a product will affect the demand for it. See Inelasticity of Demand.

Expense_Account-a budgeted amount of money advanced to a salesperson for food, travel, accommodation, entertainment of clients, and other items of expenditure considered necessary to make sales.

Advertising_Bud
decisions pertaining to the amount to be allocated to advertising expenditure in a given period, com ...

another definition in the dictionary:

Private_Label-see Private Brand.

Bargaining_Powe
the strength or influence one party has in a business negotiation, the capacity of one party to domi ...

another definition in the dictionary:

Brand_Repositio-changing the appeal of a brand in order for it to attract new market segments, brand repositioning may or may not involve modifying the product.

Non_Packaged_Go-a sub-category of consumer non-durables, for example, petrol is a non-packaged consumer non-durable good. See Consumer Non-Durables, Packaged Goods.


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