Marketing Dictionary

another definition in the dictionary:

Brand_Preferenc-the stage of brand loyalty at which a buyer will select a particular brand but will choose a competitor's brand if the preferred brand is unavailable. See Brand Insistence, Brand Recognition.

Buying_Signals-signs or indications, verbal or nonverbal, that tell a salesperson that the buyer is ready to buy.

Market_Entry_Ba

any circumstance or feature of a market which inhibits or deters a firm from entering it, the greatest market entry barrier is the presence of a firmly entrenched competitor with a significant competitive advantage.



see also:

Free_in_Store_P
a pricing method in which the producer is responsible for all freight and delivery costs, the ordere ...

another definition in the dictionary:

Price_Incentive-a common form of sales promotion in which price reductions are offered to consumers to encourage them to buy a particular product earlier or in larger quantity.

Place-one of the four controllable variables (with product, price and promotion) of the marketing mix, the delivery of a good or service to a consumer, also referred to as Distribution. See Distribution, Marketing Mix.

After_the_Fact_
a system of marketing control in which corrective action is taken at the end of a planning period wh ...

another definition in the dictionary:

MAN-acronym used in selling for qualifying new prospects. Does the prospect have the Money to pay? Does the prospect have the Authority to buy? Does the prospect have a Need for the product? Also referred to as PAN - Pay, Authority, Need.

Mathematical_Fo-mathematically stated relationships or models used to derive forecasts from historical data.

Salary_Plan
a salesforce compensation method in which salespeople are paid a straight salary, a salary plan appr ...

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.

In_Pack_Premium-a type of sales promotion in which a small gift is included inside the package of a product to encourage consumers to buy it. See Premiums, Near-Pack Premium, On-Pack Premium, With-Pack Premium.

Performance_All
a discount or price reduction given to a wholesaler or retailer who promises to perform some additio ...

another definition in the dictionary:

Mission_Stateme-see Corporate Mission Statement.

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.

Channel_System
a method of linking customers and intermediaries by means of an integrated communication network, pr ...

another definition in the dictionary:

Deep_Assortment-an assortment strategy in which a reseller decides to carry many variants of each product in the range. See Assortment Strategies, Broad Assortment, Exclusive Assortment, Scrambled Assortment.

Advertising_to_-a marketing control measure used to determine whether the amount spent on advertising in a given period was excessive, total advertising expenditure is expressed as a percentage ot total marketing expenditure.


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