Marketing Dictionary

another definition in the dictionary:

All_We_Can_Affo-a simple method of determining a budget (for advertising, etc) in which the amount allocated is the amount that can be afforded, also called the What-We-Can Afford Method, the Affordable Method and the Arbitrary Method. See Advertising Budget Determination.

Routing-the planning of the best route to be followed by a sales representative in making a series of sales calls, good routing raises both the number of calls the representative is able to make and the ratio of selling time to non-selling time.

Historical_Anal

an approach to sales forecasting in which the past sales results of a similar product are used to predict the likely sales of a similar new product.



see also:

Prestige_Pricin
a pricing strategy in which prices are set at a high level, recognising that lower prices will inhib ...

another definition in the dictionary:

Federation_of_A-an association of Australian commercial radio stations responsible for the control of radio advertising standards, the federation must preview and approve all radio commercials before they are broadcast.

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

AMA
abbrev. American Marketing Association ...

another definition in the dictionary:

International_M-marketing actvities intended to facilitate the exchange or transfer of goods between nations.

Laggards-those in a community who are slowest to adopt a new product. See Diffusion of Innovation, Early Adopters, Early Majority, Innovators, Late Majority.

Differentiated_
the division of a heterogeneous market into relatively homogeneous segments so that the needs and wa ...

another definition in the dictionary:

Implementation-the stage in the marketing management process when plans are put into action. See Marketing Management.

Sales_Administr-a marketing control measure used to determine whether the amount spent on sales administration in a given period was excessive, total expenditure on sales administration is expressed as a percentage of total sales revenue for the same period.

Pioneering_Adve
advertising which is intended to create primary rather than selective demand, commonly used at the i ...

another definition in the dictionary:

Marketing_Analy-see Marketing Audit.

Downside_Inelas-a term used in reference to the sensitivity of consumers to a decrease in the price of a particular product, downside inelasticity means that there is no significant increase in demand as the price falls. See Downside Elasticity, Upside Elasticity, Upside Inelasticity.

Form_Utility
the value given to a product by virtue of the fact that the materials and components which comprise ...

another definition in the dictionary:

Freight_Charges-transportation costs involved in shipping goods from producer to customer.

Objections-any form of sales resistance offered by a buyer to a salesperson.


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