Marketing Dictionary

another definition in the dictionary:

Contractual_Ver-a form of vertical marketing system in which independent firms at different levels of distribution are tied together by contract to achieve economies of scale and greater sales impact. See Administered Vertical Marketing System, Corporate Vertical Marketing System, Vertical Marketing System.

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.

Mock_Purchase

a tactic in which a person poses as a customer, usually to obtain information about a competitor's product or plans.



see also:

Free_alongside_
a pricing approach in which the manufacturer pays the freight cost to the wharf, costs associated wi ...

another definition in the dictionary:

Implied_Warrant-the notion, upheld by courts in recent years in response to mounting consumer complaints, that a product is covered by warranty even if not expressly stated, and that manufacturers are liable for injury caused by a product even if there has been no negligence in manufacturing, hence, caveat vendor or 'let the seller beware'. See Warranty, Express Warranty, Promotional Warranty, Protective Warranty.

Collusion-agreement between a group of companies to fix a common price. See Cartel.

Import_Quota
a government-imposed limit on the number, quantity or value of a product to be imported, usually to ...

another definition in the dictionary:

Formula_Marketi-a term used to describe an approach to marketing practice which relies heavily on conventional wisdom and spurns anything innovative.

Marketing_Budge-the amount allocated for expenditure on marketing activities in a specified period.

Form_Utility
the value given to a product by virtue of the fact that the materials and components which comprise ...

another definition in the dictionary:

Adoption-the choice of one product over another.

Foreground_Radi-a term used in reference to pre-recorded or live radio programs featuring music and commercial announcements broadcast direct to stores where the advertised merchandise is available.

Brand_Loyalty
a measure of the degree to which a buyer recognises, prefers and insists upon a particular brand, br ...

another definition in the dictionary:

Follow_Up-the vital final stage in the selling process, the salesperson's call-back upon a client after the ordered goods have been supplied to check that all has been handled to the buyer's satisfaction.

Indirect_Compet-a product that is in a different category altogether but which is seen as an alternative purchase choice, for example, coffee and mineral water are indirect competitors. See Direct Competition.

MAANZ
abbrev. Marketing Association of Australia and New Zealand. ...

another definition in the dictionary:

Activity_Report-reports requiring salespeople to provide details (such as number of calls made, new accounts opened, displays arranged, dealer sales meetings attended and so on) as a measure of their activity in a given period.

Bottom_Up_Appro-a participative approach to planning in which there is involvement at all levels, plans are developed at the lower levels of an organisation and funnelled up through consecutive levels until they reach top management. See Top-Down Approach to Planning.


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