Marketing Dictionary

another definition in the dictionary:

Market_Allocati-see Free Market System, Capitalist System.

Evoked_Set-brands that a buyer is aware of, and thinks well of, when considering a purchase , also called the Consideration Set. See Inept Set, Inert Set.

Manufacturers_R

see Manufacturers' Agent.



see also:

Competitive_Adv
that which one firm can do better than another to satisfy consumer needs and wants. ...

another definition in the dictionary:

Market_Segmenta-the organisation of a firm's marketing activities so that a separate division is responsible for each of its major market segments. See Organisational Structure.

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

Heterogeneous_S
shopping goods perceived by consumers as markedly different in quality and attributes, price is cons ...

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.

Mission-see Corporate Mission.

Product_Petrifi
a term used to describe the small but persistent demand by loyal customers for a declining product. ...

another definition in the dictionary:

Environmental_S-the process of examining the internal and external factors which influence the firm's operations and decision making in order to identify market opportunities and threats.

Bait_Advertisin-an advertising practice, now illegal in Australia, in which attractive, low-priced goods, few or any of which are actually in stock, are advertised to attract purchasers to a store or selling place.

Distribution_Ce
a short-term storage centre located close to a major market to facilitate the rapid processing of or ...

another definition in the dictionary:

Functional_Orga-the organisation of a firm's business activities so that a separate division is responsible for each business function - production, finance, personnel, marketing, etc, the organisation of a firm's marketing activities so that a separate division is responsible for each marketing function - planning, research, sales, advertising, distribution, new product development, etc. See Organisational Structure.

Adoption_Proces-the series of stages, including awareness, interest, evaluation, trial and rejection or adoption, which consumers go through in their decision-making process, also called the Adoption Sequence.

Marital_Status
whether an individual is married, single, divorced or widowed, an important variable in demographic ...

another definition in the dictionary:

Market_Share-a company's sales expressed as a percentage of the sales for the total industry.

Autonomic_Decis-a purchase decision made by either spouse independently. See Syncratic Decision.


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