Marketing Dictionary

another definition in the dictionary:

Diffusion_Proce-the manner in which an innovative technology spreads across a market group by group according to the readiness of each group to adopt it. See Diffusion of Innovation.

Operating_Expen-all the costs incurred by a firm in carrying out its day-to-day activities.

Gap_Analysis

the determination of the methods and techniques used to fill the 'gap' between corporate sales and financial objectives and the current long-range forecasts of the sales team.



see also:

Consumer_Non_Du
a classification of frequently purchased consumer goods, non-durables are items which are consumed i ...

another definition in the dictionary:

Diversification-a growth strategy in which an organisation takes on new products and new markets at the same time. See Growth Strategies, Concentric Diversification, Conglomerate Diversification, Horizontal Diversification.

Inflation-an economic situation in which rising prices result in a fall in the purchasing value of money.

Sales_Quota
the expected level of sales for a territory in a given period, a sales quota is the expression of a ...

another definition in the dictionary:

Market_Segmenta-the division of a totally heterogeneous market into groups or sectors with relatively homogeneous needs and wants.

Inept_Set-brands that a buyer is aware of when considering a purchase, thinks poorly of , but uses in some way as a sourch of information. See Inert Set, Evoked Set.

Benefits_Sought
the specific advantages looked for in products when buyers purchase them. See Behaviouristic Segment ...

another definition in the dictionary:

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.

Marginal_Profit-the change in the total profit that results from the sale of an additional unit.

Customer_Value_
an organisation's rating of the value it provides to its customers relative to that provided by its ...

another definition in the dictionary:

Industrial_Mark-the marketing of goods and services to business organisations for use in the manufacture of their products or in the operation of their businesses, also called Business-to-Business Marketing.

Pre_Testing-the testing of a questionnaire, advertisement, etc on respondents selected from the target market before using it in a full-scale research study, campaign, etc. See Questionnaire Pre-testing.

Quality_Creep
a phenomenon which, in a counter-productive way, impels a manufacturer to enhance a product over tim ...

another definition in the dictionary:

Information_Ori-an advertising plan or tactic intended to maintain a brand's image over time (rather than to change its image) and which relies on the provision of information (rather than imagery or symbolism) for its effect. See Image-Oriented Change Strategy, Image-Oriented Maintenance Strategy, Information-Oriented Change Strategy.

Quantity_Discou-a price reduction made to encourage a purchaser to order a larger quantity than would otherwise have been purchased.


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