Marketing Dictionary

another definition in the dictionary:

Image_Different-as a source of competitive advantage, a company may differentiate itself from its competitors by image, the particular image or 'personality' it acquires is created by its logo and other symbols, its advertising, its atmosphere, its events and personalities. Other sources of differentiation for competitive advantage include product differentiation, services differentiation, and personnel differentiation.

Advance_Austral-a partly government-funded organisation, established in 1979 as Project Australia, formed to promote the sale of Australian-made products.

Memorised_Prese

rote-learned presentations of their products to buyers by salespeople, also called Canned Presentations. See Stimulus-Response Approach.



see also:

Internal_Data
information recorded and stored by an organisation as it completes it normal transactions and activi ...

another definition in the dictionary:

All_We_Can_Affo-a simple method of determining a budget (for advertising, etc) in which the amount allocated is the amount that can be afforded, also called the What-We-Can Afford Method, the Affordable Method and the Arbitrary Method. See Advertising Budget Determination.

Prospecting-the first step in the selling process, the activity of seeking out potential customers.

Guarantee
a written assurance by the manufacturer that a product will be replaced or repaired to the customer' ...

another definition in the dictionary:

Direct_Response-a form of non-store retailing in which customers order merchandise by mail or telephone and the goods are shipped direct to their homes, also referred to as Direct-Response Selling. See At-Home TV Shopping.

Minor_Points_Cl-a closing technique in which a salesperson attempts to get the buyer to agree to the value or usefulness of various smaller attributes and features of a product so that it will be easier to get a favourable response to the bigger decision - to purchase the product.

Information_Flo
the information about products, potential customers, consumer needs and wants, etc. that is passed f ...

another definition in the dictionary:

Cognitive_Disso-a doubt that surfaces when a buyer becomes aware that an alternative product may offer more desirable benefits than the one purchased. The buyer wonders whether the right choice has been made.

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.

Inventory
finished goods stored in a warehouse. ...

another definition in the dictionary:

Fashion-a product that is popular at the moment, fashions tend to follow recurring life cycles. See Fad.

Specialty_Adver-an advertiser's message printed on small items such as diaries, note-pads and key-rings, usually to give away without obligation to prospective customers.

Single_Source_D
marketing research information, collected from the same source - by people-meters and scanning devic ...

another definition in the dictionary:

Sales_Potential-an organisation's expected sales of a product in a given market for a specified period, the share of the total market that a firm can reasonably expect to attain in a given time. See Market Potential.

Geographic_Segm-the division of a total, heterogeneous market into relatively homogeneous groups on the basis of area, district, region, state, etc. See Segmentation Bases.


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