Marketing Dictionary

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.

Order_Taker-a salesperson who writes up orders but is not involved in persuading customers to buy. See Order Getter.

Oligopolistic_C

a competitive situation in which there are only a few sellers (of products that can be differentiated but not to any great extent), each seller has a high percentage of the market and cannot afford to ignore the actions of the others. See Monopolistic Competition, Pure Competition, Pure Monopoly.



see also:

ABC_Inventory_A
the classification of goods held in inventory according to sales volume, the classification is used ...

another definition in the dictionary:

Sales_Itinerary-a written schedule of planned sales calls, specifying the date, location and objective of each call.

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

Direct_Mail_Adv
advertising direct to end-users by sending catalogues or other sales literature through the post. ...

another definition in the dictionary:

Free_Market-a market place which has minimum direct involvement of government in market decisions.

Sales_Branch-a manufacturer's office established simply to facilitate sales, no manufacturing is done at this location.

Global_Brands
brands sold to world markets with essentially the same promotion. ...

another definition in the dictionary:

Adversarial_Sho-a consumer whose shopping behaviour is characterised by a determination to get good value at a low price, a bargain hunter, one who regards all prices as negotiable.

Advantage_Matri-see Boston Consulting Group Advantage Matrix.

Culture
the basic beliefs and values cherished by a society as a whole and handed down from one generation t ...

another definition in the dictionary:

GRP-See Gross Rating Points.

Organisational_-the individual responsible for the firm's purchasing. See Buying Centre.

Nutritional_Lab
the requirement, either by law or under voluntary industry codes, that certain products be marked wi ...

another definition in the dictionary:

Buyer_Involveme-a measure of the time and effort a buyer is prepared to devote to the purchase of a particular item. See High-Involvement Products, Low-Involvement Products.

Hierarchy_of_Ef-various illustrations of the notion that marketing promotion induces consumers to move in steps from one mental state to the next before eventually deciding to purchase a particular product, in the AIDA model the steps, in ascending order, are awareness, interest, desire and action, while in Lavidge and Steiner's expanded model (1962) they are ignorance, awareness, knowledge, liking, preference, conviction and purchase.


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