Marketing Dictionary

another definition in the dictionary:

Added_Value-the increased worth of a firm's offering as a result of marketing, four factors which generate the additional value are features, quality, customer perception (or image) and exclusiveness.

Australian_Adve-a popular media reference guide (commonly called AARDS) subscribed to by advertising agencies, public relations consultancies, etc, the service provides regularly up-dated information on media companies, rates, technical specifications, circulations, readership profiles, etc.

Franchising

an arrangement in which a supplier grants a dealer the right to sell a product in return for some percentage of the total sales, typically, the supplier provides buildings and equipment, management advice and marketing assistance to the franchisee, who agrees to operate according to the franchisor's general rules.



see also:

Intangibility
one of the four characteristics (with inseparability, perishability and variability) which distingui ...

another definition in the dictionary:

Ideal_Brand_Mod-a model used to study consumer evaluation of alternative products, the consumer compares actual brands comparing them to a hypothetical ideal brand. Among other models used for the purpose are the expectancy-value model, conjunctive model, disjunctive model, lexicographic model, and determinance model.

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.

Franchise_Build
consumer sales promotions which impart a selling message along with the deal, as in the case of free ...

another definition in the dictionary:

AFA-abbrev. Advertising Federation of Australia.

Financial_Risk-concern in the buyer's mind that the product being considered for purchase is too expensive, or will be a waste of money. See Risk.

Customary_Price
the traditional price, the price that consumers expect to pay for a certain product. ...

another definition in the dictionary:

Scaled_Response-questions requiring respondents to a survey to rate a company, product, service, etc. on a scale provided.

European_Econom-a group of European nations acting as a trading block, limiting trade barriers among members and applying common tariffs to products from non-members.

Price_Taker
any firm which is unable to influence the general level of commodity prices by altering the quantity ...

another definition in the dictionary:

Foreseeability_-the notion under product liability laws that a manufacturer has an onus to foresee how a product might be misused and warn consumers accordingly.

Product_Item-a product variant with its own distinctive attributes (price, packaging, etc.), also called a Stock-Keeping Unit and a Stock-Taking Unit.

Flanker_Brand
a brand introduced into a market by a company which already has an established place in order to inc ...

another definition in the dictionary:

Corporate_Image-the identity or perception of itself that an organisation attempts to convey to its publics, usually through corporate advertising. See Corporate Advertising, Corporate Image Advertising.

Product_Line_Re-reducing the width of a product mix by decreasing the diversity of items offered across product categories, product line retrenchment is common following the failure of brand leveraging to launch a brand into a related category. See Product Line, Product Mix Width.


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