Marketing Dictionary

another definition in the dictionary:

Limited_Line_De-a department store which carries a narrower range of merchandise than a full-line department store, typically, a limited-line department store will be characterised by high-quality merchandise and high prices.

Factory_Outlet-a retail store that sells the products of one manufacturer, usually at very low prices.

Learning_Proces

the way in which an individual's behaviour changes as a result of previous experiences, the process consists of four basic components - a stimulus or cue which creates a drive, the drive which motivates the individual to make a response, the response or action undertaken by the individual, and reinforcement by means of reward or punishment which determines whether the individual will act in that way again.



see also:

EEC
abbrev. European Economic Community. ...

another definition in the dictionary:

Intensive_Distr-making a product available in as many outlets as are willing to stock it. See Distribution Intensity, Exclusive Distribution, Selective Distribution.

Service_Variabi-see Variability.

Singles_Market
a market segment, regarded as both a lifestyle and a demographic category, which includes widowed an ...

another definition in the dictionary:

Singles_Market-a market segment, regarded as both a lifestyle and a demographic category, which includes widowed and divorced people as well as 'never-been-married' singles.

Advertising_Wea-see Consumer Wearout.

Arbitrary_Metho
see All-We-Can-Afford Method. ...

another definition in the dictionary:

EOQ-abbrev. Economic Order Quantity.

Inbound_Telemar-telemarketing in which a company receives telephone orders and enquiries from customers, often, toll free telephone lines are used. See Outbound Telemarketing.

Media_Plan
a blueprint for a firm's advertising, giving details of the media mix, the specific media vehicles a ...

another definition in the dictionary:

Likert_Scale-ch respondents indicate their level of agreement with a statement by choosing the appropriate response from a scale, eg. strongly disagree, disagree, undecided, agree, strongly agree.

Selective_Disto-the perceptual process which occurs when people subconsciously try to make new information fit their old ideas about something. See Selective Exposure, Selective Retention.

Prototype_Testi
the trialling of a sample of a newly developed product on selection of customers from the target mar ...

another definition in the dictionary:

Price_Taker-any firm which is unable to influence the general level of commodity prices by altering the quantity of the product produced, a firm operating in a perfectly competitive market situation is, necessarily, a price-taker. Price-takers are sometimes also referred to as Quantity Adjusters as their chief decision is to adjust the amount they produce to a given price. See Perfect Competition.

New_Products-products which are ?newî in one or other of two - new to a company or new to a market, they include existing products which have been improved or revised, brand extensions, additions to existing line, repositioned products targeted at to new markets, and new-to-the-world products. See Innovation, New Product Development, New-To-The-World Products, Product Extension.


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