Marketing Dictionary

another definition in the dictionary:

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.

Assorting-the practice of putting together a wide variety of produce in one location, as in a department store.

Merchandise_All

of their products.



see also:

Long_Run_Averag
the average cost per unit of a set or group of products in the long term. Note that the long-run ave ...

another definition in the dictionary:

Decision_Making-choosing between alternative courses of action using cognitive processes - memory, thinking, evaluation, etc, also called Problem Solving.

Dual_Distributi-a system of marketing channel organisation in which a manufacturer uses two approaches simultaneously to get products to end-users, commonly, one approach is to use marketing intermediaries, while the other is to sell direct to end-users.

Banded_Pack
a consumer sales promotion in which two related product items are banded together and sold at a spec ...

another definition in the dictionary:

By_Product-a secondary product produced during the process of manufacturing another.

Monadic_Rating-a method for measuring consumer preferences in which potential purchasers are asked to rate their liking for each of a certain number of products on a scale, that is, on a seven point scale Product A may be rated as 6, Product B as 4, and Product C as 1. The method allows researchers not only to derive the individual's preference order, but also to know the qualitative levels of their preferences and the approximate distance between their preferences.

Long_Range_Plan
strategic planning over an extended horizon, 'long-range' is commonly thought to be at least three y ...

another definition in the dictionary:

Bells_and_Whist-the optional features built into a basic product to satisfy or impress as large as possible a number of buyers, the term 'plain vanilla' is an equivalent slang term used to describe a product with only the most basic features.

Mission-see Corporate Mission.

Media_Evaluatio
the assessment of the effectiveness of a particular media vehicle. ...

another definition in the dictionary:

Source_Attracti-in personal selling, the likeability or personableness of the salesperson.

Freight_Forward-firms specialising in the supply of transportation services, by buying large volumes of land, sea, air and pipeline transportation at low rates, they are able to offer attractive rates to small businesses whose products they combine into large shipments.

Corporate_Adver
a form of institutional advertising focussing not on a particular product or product range but on th ...

another definition in the dictionary:

Free_Merchandis-a type of trade sales promotion in which resellers are given a certain quantity of merchandise free of charge in return for an order of a specified size. See Trade Sales Promotion.

Micromarkets-markets in which the volumes of demand are relatively small owing to the fragmentation or splintering of mass markets, markets in which there is great diversity in the needs and wants of customers. See Mass Marketing.


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