Marketing Dictionary

another definition in the dictionary:

Reinforcement_A-advertising intended to reassure purchasers, to tell them that they have done the right thing in buying the particular product and to explain how to get the best results and most stisfaction from its use, the purpose of reinfrcement advertising is to maintain market share.

Multichotomous_-a closed-ended question in a marketing research questionnaire in which a respondent must choose one response from two or more possible alternatives. See Dichotomous Question.

Inert_Set

brands that a buyer is aware of when considering a purchase but has no interest in. See Evoked Set, Inept Set.



see also:

Simple_Random_S
a sample in which each member of the population has an equal chance of being chosen. ...

another definition in the dictionary:

Cash_Discount-a reduction in price offered to a buyer in return for prompt settlement of account. See Discount.

Monopolistic_Co-a market situation in which there are many sellers and many buyers of products which can be differentiated on price and other features. See Oligopolistic Competition, Pure Competition, Pure Monopoly.

Absolute_Produc
a new product introduction which does not manage to recover its production and marketing costs, the ...

another definition in the dictionary:

Brand_Monopoly-a circumstance in which a particular brand dominates a market.

Optimal_Reorder-see Economic Order Quantity, Just-In-Time Inventoy System.

Non_Monetary_Pr
that which it costs a consumer, other than money, to buy a product, the non-monetary price of purcha ...

another definition in the dictionary:

Bar_Code_Scanne-see Scanner Systems.

Account_Represe-a salesperson with direct responsibility for one specific major account or a group of major accounts.

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:

Aided_Recall_Te-a method of post-testing the effectiveness of an advertisement or advertising campaign, respondents are shown products, brand names, trademarks, etc to assist their memories. See Unaided Recall Test.

Awareness_Set-the brands of which a consumer is aware, normally, the awareness set will be less than the total set of brands. See Choice Set, Evoked Set, Inept Set, Inert Set.

Diversification
a growth strategy in which an organisation takes on new products and new markets at the same time. S ...

another definition in the dictionary:

Non_Profit_Mark-marketing activity undertaken by a firm whose primary objective is one other than profit, sometimes called Non-Business Marketing.

Amiable_(Social-one of four social styles (with Analytical, Driver and Expressive) commonly used to classify salespeople and their customers in terms of their communication approach, Amiables are characterised by high responsiveness and low assertiveness. See Analytical, Driver, Expressive, Assertiveness, Responsiveness, Social Style.


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