Marketing Dictionary

another definition in the dictionary:

Fictitious_Pric-the unethical, possibly illegal, practice of announcing a price reduction (eg. 'now $20, formerly $49') when, in fact, there has been no reduction at all.

Licensed_Produc-marketing plans and actions based on the use of licensed characters. See Licensed Characters.

Growth_Stage_of

the second stage (after the introductory stage) in the life cycle of a successful product, sales revenues increase steadily as the product finds market acceptance, prices generally remain high despite increasing competitive threats and profit margins are at peak level.



see also:

Department_Stor
a large retail store offering a wide variety of goods in different departments. See Full-Line Depart ...

another definition in the dictionary:

Specialty_Distr-a distributor that concentrates on one product line but carries a deep assortment within the line.

Convergent_Dive-Disversification into related businesses. See Concentric Diversification, Divergent Acquisition, Diversification.

Front_of_Counte
the prime and most sought after position for impulse goods. Hence, front-of-counter (or FOC) display ...

another definition in the dictionary:

Slippage-in sales promotion, the percentage of purchasers who fail to redeem an offer made with the purchase.

Feedback-the mechanism in the communication process which allows the sender to monitor and evaluate the receiver's response to a message. See Communication Process.

Process_Materia
a classification of goods bought by organisations for incorporation into a product, the process mate ...

another definition in the dictionary:

Micro_environme-the factors or elements in a firm's immediate environment which affect its performance and decision-making, these elements include the firm's suppliers, competitors, marketing intermediaries, customers and publics. See Macro-environment.

Reliability-the accuracy with which data in a marketing research study has been collected, a reliable marketing research study should produce similar results if repeated.

AIO_Statements
expressions of a person's attitudes towards, interests in, and opinions of, a product. See Psychogra ...

another definition in the dictionary:

Reciprocity-a practice, which may be illegal under the Trade Practices Act, in which a firm gives purchasing preference to a firm to which it sells. See Reverse Reciprocity.

Sales_Literatur-printed materials (brochures, catalogues, price lists, etc.) to be used as selling aids.

Divisional_Mark
a marketing manager with responsibility for the marketing activities of one of the operating divisio ...

another definition in the dictionary:

Sensory_Retaili-a recent trend in retailing in which the retailer attempts to position the store and attract customers by making a visit to it an exciting visual, auditory, etc. experience. See Atmospherics.

Opinion_Leader-an individual who actively provides opinions about products to others or from whom views, opinions and advice is sought. See Key Influence People.


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