Marketing Dictionary

another definition in the dictionary:

Base_Point_Pric-a pricing method in which customers are charged freight costs from a base point, the base-point may be chosen arbitrarily, but the location of one of the company's manufacturing plants is commonly used. Also called Basing-Point Pricing. See Delivered Pricing, Phantom Freight.

Buying_Power-the resources, especially financial, that customers have at a given time.

Group_Selling

a selling situation in which a salesperson presents a product or product range to a group of buyers from one company or to a buying committee. See Team Selling.



see also:

Advertising_Ela
measurements of the effect on other marketing variables of various levels of advertising expenditure ...

another definition in the dictionary:

Package-the wrapping, packet, carton, bottle, box, etc, used for containment, protection or promotion of a product. See Packaging.

Marginal_Analys-the determination of the change in total revenue and total cost that results from the sale of one more unit.

Latent_Demand
demand for a product which can satisfy a want which is unable to be satisfied by any existing produc ...

another definition in the dictionary:

Need_Objection-an objection by a prospective buyer that they have no need for the product offered by a salesperson. See Objections.

Product_Petrifi-a term used to describe the small but persistent demand by loyal customers for a declining product. See Product Life Cycle, Decline Stage.

Capital_Items
long-lived business assets (buildings, plant and equipment, etc) of a firm. ...

another definition in the dictionary:

Consultative_Se-an approach to personal selling emphasising the role of the salesperson as consultant, the salesperson assists the buyer to identify needs and find need-satisfactions in the product range, seeking to build long-term customer relationships leading to repeat business. See Relationship Selling.

Expectancy_Valu-a model used in the study of consumer decision processes to evaluate alternative brands. In this model, brand attributes are weighted, a consumer's beliefs about each brand's attributes are multiplied by the respective weights to produce a preference ranking of the alternatives. Other models of brand evaluation include the ideal brand model, the conjunctive model, the disjunctive model, the lexicographic model and the determinance model.

Depreciation_
an allowance made in a balance sheet for wear and tear, a measure of the loss of value of a fixed as ...

another definition in the dictionary:

Idea_Marketing-activities associated with the marketing of a cause or idea. See Broadening Concept.

Audimeter-a mechanical instrument or device for monitoring television usage and program choice (for ratings surveys, etc), colloquially called a people-meter or black box. See Single Source Data.

Isolation_Effec
the notion that a price will appear more attractive if the product is placed in the store next to a ...

another definition in the dictionary:

Advertising_Fed-an association representing the interests of Australian advertising agencies.

Market_Challeng-a company holding a major market share and competing vigorously with the market leader for outright leadership. See Market Follower, Market Leader, Market Nicher.


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