Marketing Dictionary

another definition in the dictionary:

Foreground_Radi-a term used in reference to pre-recorded or live radio programs featuring music and commercial announcements broadcast direct to stores where the advertised merchandise is available.

Non_Durable_Goo-see Consumer Non-Durables

High_Price_Stra

a planned approach to pricing, appropriate in situations of inelastic demand, in which an organisation decides to keep its prices high, reasons for such a strategy might include a growing super-premium segment of the market, overcrowding at the bottom-end of the market, or the desire to create a prestige image for the product. Also called Premium Pricing.



see also:

Death_of_Salesm
a play by the U.S. playwright, Arthur Miller, set in the 1930s, the era of the 'selling concept', th ...

another definition in the dictionary:

High_Touch_Serv-customer service that is characterised by a high level of personal contact with customers, as opposed to 'low-touch' customer service which is provided by vending machines, self-service counters, etc. See Low-Touch Service.

Brand_Mark-the part of a brand which can be seen but not spoken, the logo, symbol or design that forms part of the brand. See Brand Name.

Learning
fixed behavioural changes resulting from an individual's experiences. ...

another definition in the dictionary:

Counterfeiting-the copying of a competitor's well-known products. Some counterfeit products are intended to look as much like the original as possible, including the brand name, others are close, but not exact, copies, still others are cheap and unconvincing imitations. Counterfeiting is generally illegal.

Lifestyle_Segme-the division of a total heterogeneous market into relatively homogeneous groups on the basis of their way of life as shaped by their interests, attitudes and opinions. See Psychographic Segmentation.

Adoption_of_Inn
a normal distribution curve illustrating the fact that customers vary widely in their willingness or ...

another definition in the dictionary:

Price_Value_Rel-the connection that consumers make between price and quality, products with a higher price are commonly perceived to be of better quality.

Evaluative_Crit-features of a supplier, product, etc. considered by a buyer when choosing between alternatives, evaluative criteria may be objective or subjective.

Demand_Pull_App
developing new products on the basis of market demand rather than on that of company-generated ideas ...

another definition in the dictionary:

Noise-any influence external to the sender or receiver which distorts the message in the communication process. See Communication Process.

Sales_Contests-sales promotions aimed at members of a company's sales force, sales contests are competitions designed to boost sales and lift performance by offering awards or prizes to top-achievers in a sales team in a given period.

Competition_Ori
a method of pricing in which a manufacturer's price is determined more by the price of a similar pro ...

another definition in the dictionary:

Breakthrough_Op-opportunities that are seen by innovative firms which develop hard-to-imitate marketing strategies that are very profitable for a long time, less creative firms adopt risk-avoiding 'me-too' strategies. See Follow-the-Leader Strategy.

Family_Life_Cyc-a series of stages through which the typical family passes, including bachelor stage, young marrieds, full nest, empty nest and sole survivor.


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