Marketing Dictionary

another definition in the dictionary:

Payback_Period-the time taken for a new product to recover its investment cost and to generate profits, used as a measure of performance for new products.

Public_Relation-the relationship which exists between an organisation and its several publics, efforts to influence this relationship by obtaining favourable publicity.

Normative_Influ

the influence exerted on an individual by a reference group to conform to its norms.



see also:

Delayed_Quotati
an industrial pricing method in which the seller delays quoting a price until delivery, the method p ...

another definition in the dictionary:

Inside_Order_Ta-a salesperson who writes up sales orders at a sales counter, or those forwarded to the company by telephone, but is not required to sell persuasively to customers. See Outside Order-Taker.

Limited_Line_Re-a retailer carrying only one line, or a few related lines, but a large assortment of produce. See Assortment Strategies.

Penetrated_Mark
the individuals or organisations in a particular market who have already purchased the product. ...

another definition in the dictionary:

Organisational_-see Industrial Services.

Custom_Marketin-marketing activity in which a company attempts to satisfy the unique needs of every customer, also called Market Atomisation Strategy. See Disaggregated Market, Complete Segmentation, Customised Marketing Mix.

Psychographic_S
the division of a heterogeneous market into relatively homogeneous groups on the basis of their atti ...

another definition in the dictionary:

Perceptual_Mapp-a tool or process used in marketing research for charting the way individuals selected from the target market perceive different companies, products or brands, also called Position Mapping.

Flanking_Defenc-a competitive marketing strategy in which the market leader attempts to identify and strengthen its own weak points, commonly geographic areas or market segments in which it is under-performing, before a smaller rival can mount an attack against it.

Direct_Competit
a product or brand which competes in the same product category. See Indirect Competition. ...

another definition in the dictionary:

Fictitious_Pric-the unethical, possibly illegal, practice of announcing a price reduction (eg. 'now $20, formerly $49') when, in fact, there has been no reduction at all.

Modified_Rebuy-a buying situation in which an individual or organisation buys goods that have been purchased previously but changes either the supplier or some other element of the previous order. See Buy Classes, New Task Buying, Straight Rebuy.

Planning
see Strategic Planning, Marketing Planning, Sales Planning. ...

another definition in the dictionary:

Gross_Profit-the amount left when selling costs and operating expenses are deducted from total revenue, also called Gross Margin.

Scanning-see Environmental Scanning.


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