Marketing Dictionary

another definition in the dictionary:

Kinked_Demand_C-the shape of a demand curve when any rise in price above the customary level will result in a sharp decline in demand.

Budgeting_Model-see Computer Modelling.

Out_of_Stock_Co

the cost of sales lost when a particular item is not available when ordered by a customer.



see also:

Adoption_Sequen
see Adoption Process. ...

another definition in the dictionary:

Prototype-rly version of a new product made or built specifically for trialling and testing.

Selective_Adver-advertising intended to create demand for a specific brand rather than for the whole product category or class.

Evoked_Set
brands that a buyer is aware of, and thinks well of, when considering a purchase , also called the C ...

another definition in the dictionary:

APN-abbrev. Australian Product Number.

Kinked_Demand_C-the shape of a demand curve when any rise in price above the customary level will result in a sharp decline in demand.

ADMA
abbrev. Australian Direct Marketing Association. ...

another definition in the dictionary:

Inventory_Remar-an innovative strategy for reducing the risks of introducing a new product. Prior to the launch of the new product, a firm may negotiate with an inventory remarketing company for the sale of any unused stock of the new product in the event that it fails to sell as well as expected, thus, the inventory remarketing company will buy the balance of the stock, at the previously agreed price, and resell it, usually in a different market and through different distribution channels.

Staples-a sub-category of convenience goods consisting of frequently purchased foodstuffs. See Convenience Goods.

Acid_Test_Ratio
one of three ratios commonly used to evaluate a firm's liquidity, calculated by dividing cash by cur ...

another definition in the dictionary:

Customary_Price-the traditional price, the price that consumers expect to pay for a certain product.

Served_Market-that part of the total market which a company decides to target, also called the Target Market.

Life_Stage_Buyi
the division of a total heterogeneous market into relatively homogeneous groups on the basis of thei ...

another definition in the dictionary:

Boston_Consulti-a tool, devised by the Harvard-based Boston Consulting Group, for use in product and strategic business unit (SBU) planning, the matrix, based on the percentage rate of market growth per annum and the market share relative to the market leader, allows the planner to categorise each product or SBU as a 'Cash Cow', 'Star', 'Question Marks' (or 'Problem Child') or 'Dog', and to develop marketing strategies appropriate to each category's propensity to generate, or use, cash. See Cash Cows, Dogs, Question Marks, Stars.

Prospecting_Pla-a systematic approach to finding new customers involving the setting aside of time after allowing for calls on existing customers specifically for prospecting.


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