Marketing Dictionary

another definition in the dictionary:

Product_Categor-the specific generic to which a good or service belongs, for example, while Fanta is a brand name, the product category to which it belongs is soft drinks.

Inertia_Selling-a selling practice in which unsolicited goods and services are sent to consumers in expectation that many will prefer to purchase rather than to return them, the practice is considered undesirable and legislation protecting consumers has been enacted.

Mission_Stateme

see Corporate Mission Statement.



see also:

Marketing_Commu
the formal and informal messages that sellers transmit to buyers, the systematic (planned) as well a ...

another definition in the dictionary:

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.

Semantic_Differ-a rating scale technique using pairs of words of opposite meaning.

High_Contact_Re
a recent trend in retailing in which some retailers attempt to position themselves by emphasising th ...

another definition in the dictionary:

Adoption_of_Inn-a normal distribution curve illustrating the fact that customers vary widely in their willingness or readiness to purchase new products. See Diffusion of Innovation.

Action_Plan-see Action Program.

Alternative_Adv
advertising which uses media other than the traditional media, examples of alternative advertising i ...

another definition in the dictionary:

Business_Streng-a measure of the ability a firm has to compete successfully in a particular market.

Limited_Decisio-see Limited Problem Solving.

MRO_Supplies
abbrev. Maintenance, Repair and Operating supplies. ...

another definition in the dictionary:

Envelopes_and_S-a rough method of calculating the size of the market for a given product, based on the known size of an overseas market.

Communication_P-the process by which a message, encoded by a sender, is transmitted through a medium to a receiver, who encodes the message and provides feedback.

Buyer_Seller_Dy
the two-way flow of communication between buyer and seller. ...

another definition in the dictionary:

Group_Influence-members of a family, peers, opinion leaders, etc. who have an effect on a consumer's spending or purchase behaviour. See Reference Groups, Aspirational Reference Groups, Contactual Reference Groups, Membership Reference Groups.

Mass_Media_Adve-advertising in a non-selective way by means of the popular media in order to reach the widest possible audience.


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