Marketing Dictionary

another definition in the dictionary:

Marketing_Plan-a detailed, written account and timetable of the objectives, methods to be used by a firm to achieve its marketing goals.

DAGMAR-acronym for Defining Advertising Goals for Measured Advertising Results, after the title of a book by Russell H. Colley (New York: Association of National Advertisers, 1961). See DAGMAR Approach.

Geocentric_Appr

an approach to global pricing in which affiliate or subsidiary companies supply information about local market conditions and the corporation then sets prices accordingly to maximise profits in each national market. See Adaptation Approach to Pricing. Extension Approach to Pricing.



see also:

Buyer_Behaviour
the study of consumers and organisations in relation to their purchase decisions. See Consumer Behav ...

another definition in the dictionary:

Differentiated_-the division of a heterogeneous market into relatively homogeneous segments so that the needs and wants of the different segments may be served more effectively, a segmented approach to marketing.

Brand_Promiscui-consumer buying behaviour marked by an absence of brand loyalty. See Brand Loyalty.

Attitudes
enduring favourable or unfavourable feelings, emotions and action tendencies towards a issue or subj ...

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.

Backward_Integr-a strategy for growth in which a company seeks ownership of, or some measure of control over, its suppliers. See Forward Integration, Horizontal Integration.

Single_Niching
a strategy followed by companies which operate in only one market niche. See Market Niche, Multiple ...

another definition in the dictionary:

Sales_Wave_Expe-a technique used to test consumer reaction to new products prior to full-scale commercialisation, new products are placed in consumer homes to determine the reaction to them, and the rate at which the products are repurchased is tracked.

Basic_Accountin-the balancing relationship between a firm's assets and the sum of its liabilities and equity.

Data_Collection
the activity of gathering facts or information about a subject in a marketing research study. See Ma ...

another definition in the dictionary:

Sales_Force_Com-a method of forecasting future demand for a product by adding together what each member of the sales force expects to be able to sell in his or her territory.

Outer_Directed_-one of three broad groups of consumers (with inner-directed consumers and need-directed consumers) identified in the Stanford Research Institute's survey of American lifestyles, outer-directed consumers buy 'with an eye to appearances and to what other people think.' This group represents about two-thirds of consumers in the U.S. See Value and Life Style Program (VALS), Inner-Directed Consumers, Need-Directed Consumers.

Return_on_Inves
a measure of a firm's profitability in which profits are expressed as a percentage of investment. ...

another definition in the dictionary:

Non_Durable_Goo-see Consumer Non-Durables

Economic_Utilit-the ability of a good or service to satisfy a customer's needs or wants, the five kinds of economic utility are form utility, time utility, place utility, information utility and possession utility.


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