Marketing Dictionary

another definition in the dictionary:

Retentive_Adver-see Reminder Advertising.

Hierarchy_of_Ef-various illustrations of the notion that marketing promotion induces consumers to move in steps from one mental state to the next before eventually deciding to purchase a particular product, in the AIDA model the steps, in ascending order, are awareness, interest, desire and action, while in Lavidge and Steiner's expanded model (1962) they are ignorance, awareness, knowledge, liking, preference, conviction and purchase.

Leads

see Sales Leads.



see also:

Relative_Market
the size of a company's share of the market compared to that of competitors. ...

another definition in the dictionary:

Non_Manipulativ-methods used in selling where a salesperson, rather than trying to force an unwanted product on a customer by high-pressure means, works with the customer to identify a genuine need and to provide a satisfying solution. See Manipulative Selling Techniques.

Product_Recall-the advertised request by a company that a product be returned to it by those who have already purchased it, a product recall is often deemed desirable when a product proves to be unsafe or unreliable.

Go_Error
a failure at any stage (but especially at the screening stage) in the new product development proces ...

another definition in the dictionary:

Assertiveness-the human characteristic or quality which determines the degree to which individuals are directive and competitive in manner as opposed to non-directive and co-operative. See Social Style.

Audience-the intended receivers of an advertiser's message.

Benefit_Segment
the division of a market into groups or segments on the basis of the particular benefit sought by ea ...

another definition in the dictionary:

Predatory_Prici-a pricing practice by which a company hopes to inhibit or eliminate competition by charging lower than normal prices for its products in certain geographic regions.

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.

Per_Diem_Expens
the payment of travel and accommodation expenses to a salesperson at a fixed daily rate. ...

another definition in the dictionary:

Decision_Suppor-any computerised system of changing raw data (sales, stock levels, etc) into information that can be used by management in decision making.

Purchase_Probab-a tool used in marketing research surveys of buying intentions, respondents are asked to rate the likelihood of their purchase of a particular product on a scale ranging, for example, from 'definitely not' to 'certain to buy'.

Australian_Asso
an association representing the interests of large marketing companies in the advertising industry. ...

another definition in the dictionary:

Price_Space-the price difference between items in a product line, having the right amount of price space is often critical as too little space may confuse buyers and too much space may leave gaps which can be exploited by competitors. See Product Line.

Follow_the_Lead-a pricing strategy adopted by firms which copy the market leader's prices.


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