Marketing Dictionary

another definition in the dictionary:

Market_Penetrat-an approach to pricing in which a manufacturer sets a relatively low price for a product in the introductory stage of its life cycle with the intention of building market share. See Market Skimming Pricing.

Sales_Leads-telephone inquiries, letters, responses to advertising or direct mail, etc that direct a salesperson to a prospective customer.

Objections

any form of sales resistance offered by a buyer to a salesperson.



see also:

Bar_Code_Scanne
see Scanner Systems. ...

another definition in the dictionary:

Amiable_(Social-one of four social styles (with Analytical, Driver and Expressive) commonly used to classify salespeople and their customers in terms of their communication approach, Amiables are characterised by high responsiveness and low assertiveness. See Analytical, Driver, Expressive, Assertiveness, Responsiveness, Social Style.

Disposable_Inco-the balance of a person's income after payment of tax liability. See Discretionary Income.

Safety_Recall
the request by a manufacturer for the return of a particular batch or model of a product (for repair ...

another definition in the dictionary:

Line_Pruning-see Product Line Pruning.

Demand_Backward-a method of pricing in which prices are set by determining what consumers are willing to pay, then, costs are deducted to see if the profit margin is adequate.

Response_Sellin
a elementary form of selling, common in retailing, in which the salesperson simply responds to the c ...

another definition in the dictionary:

Media_Council_o-a body which represents the interests of advertisers, advertising agencies and the media.

Advertising_Res-research done to test the effectiveness of advertising, this may include the pre-testing and post-evaluating of specific advertisements and campaigns. Communication-effect research attempts to measure whether the advertising communicates effectively, sales-effect research attempts to measure whether it produces the desired level of sales.

Sales_Promotion
a marketing control measure used to determine whether the amount spent on sales promotion was excess ...

another definition in the dictionary:

Commodity_Marke-markets typified by the homogeneity of products and a virtual irrelevance of branding.

Psychological_P-pricing intended to influence the customers' perception of the actual price of a product, two common forms of psychological pricing are odd pricing and prestige pricing. See Odd Pricing, Prestige Pricing.

Descriptive_Lab
a label on a product which announces the size, net weight, ingredients, composition, nutritional val ...

another definition in the dictionary:

Breakthrough_Op-opportunities that are seen by innovative firms which develop hard-to-imitate marketing strategies that are very profitable for a long time, less creative firms adopt risk-avoiding 'me-too' strategies. See Follow-the-Leader Strategy.

No_Need_Objecti-an objection raised by a prospective buyer on the ground that the product offered by a salesperson is not needed.


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