Marketing Dictionary

another definition in the dictionary:

Product_Item-a product variant with its own distinctive attributes (price, packaging, etc.), also called a Stock-Keeping Unit and a Stock-Taking Unit.

Long_Run_Averag-the average cost per unit of a set or group of products in the long term. Note that the long-run average cost may be somewhat lower than the short term average cost because of the effects of greater production experience. See Average Cost, Short-Run Average Cost.

Inelasticity_of

demand which is not greatly affected by a change in the price of the product. See Elasticity of Demand.



see also:

Social_Marketin
the design, implementation and control of marketing activity intended to promote social causes or id ...

another definition in the dictionary:

Plain_Vanilla-slang term for a product with only the most basic features, see Bells and Whistles.

Merchandisers-retail stores which sell finished, non-food items, four types of merchandisers (categorised on the basis of service, price and product line) can be identified: specialty stores (full-service, high-price, limited product line), department stores, mass merchandisers, and discount stores (limited-service, low-price, wide product line).

Eye_Pupil_Dilat
a physiological method of objectively pre-testing advertisements in which involuntary eye pupil dila ...

another definition in the dictionary:

Channel_Mix-the degree of intensivity selected for the distribution of a product. See Exclusive Distribution, Intensive Distribution, Selective Distribution.

Franchise_Exten-see Brand Extension.

Inter_type_Chan
discord among members of different types at the same level of a marketing channel, eg. department st ...

another definition in the dictionary:

Non_Monetary_Pr-that which it costs a consumer, other than money, to buy a product, the non-monetary price of purchasing a product includes the time devoted to shopping for it and the risk taken that it will deliver the expected benefits. Non-monetary price is an important concept in social marketing - for example, the price of avoiding the cancellation of a driverís licence is the abstinence from alcohol if driving.

Outdoor_Adverti-advertising by means of posters and signs, stationary or mobile.

Kennel_Keeper
a colloquial term used in reference to a marketer whose products are largely 'dogs' - those with a r ...

another definition in the dictionary:

Activity_Quota-a common form of sales assignment, goal or target used to measure a sales representative's performance in relation to his or her selling activities, activities used in this way include total calls made, total sales made, number of new accounts opened, number of displays set up, and so on. Other common forms of sales quotas are unit volume quotas, dollar volume quotas, gross margin quotas and net profit quotas. See Sales Quota.

Sales_Territory-a method of evaluating sales territory performance in which a model depicting the environmental factors that may have impacted upon it, and upon the salesperson assigned to it, is constructed, the model assists a sales supervisor to better understand the quality of the performance.


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