Marketing Dictionary

another definition in the dictionary:

Concentrated_Se-one of four possible segmentation strategies (with market segment expansion strategy, product line expansion strategy and differentiated segmentation strategy), in a concentrated segmentation strategy a firm targets one product to one segment of the market. See Segmentation Strategies, Market Segment Expansion Strategy, Product Line Expansion Strategy, Differentiated Segmentation.

PERT

acronym for Progam Evaluation and Review Technique, a quantitative technique used as a managerial tool in planning and controlling complex programs. Common use has been made of PERT, originally introduced for use in the aerospace industry, in the coordinating, timing and scheduling of the many activities in the new product development process.



see also:

Buying_Committe
a group within a retailing organisation or chain which has responsibility for the purchase of mercha ...

another definition in the dictionary:

Purchasing_Perf-the establishment of criteria by which the performance of purchasing officers can be assessed and of incentive systems so that good purchasing can be rewarded.

Non_Profit_Mark
marketing activity undertaken by a firm whose primary objective is one other than profit, sometimes ...

another definition in the dictionary:

Market-all the buyers and potential buyers of a product who profess some level of interest in it and who can afford it.

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.

Expectancy_Valu
a model used in the study of consumer decision processes to evaluate alternative brands. In this mod ...

another definition in the dictionary:

Action_Plan-see Action Program.

Specialty_Store-a retail store typically carrying only one, or part of one, product line but having considerable depth within the line, examples include stores selling only jogging shoes for women, or men's hats.

Prestige_Pricin
a pricing strategy in which prices are set at a high level, recognising that lower prices will inhib ...

another definition in the dictionary:

Delivered_Prici-a pricing method in which the final price to the buyer is adjusted to include transportation costs, the seller takes responsibility for arranging delivery but adds the cost to the quoted price. Four widely used methods of delivered pricing are single-zone pricing, multiple-zone pricing, base-point pricing and freight-absorption pricing. See Base-Point Pricing, Freight-Absorption Pricing, Multiple-Zone Pricing, Single-Zone Pricing.

Short_Run_Avera-the average cost per unit of production of a set or group of products in the short term. Note that in the long term, the average cost may be lower due to the effect of experience. See Average Cost, Long-Run Average Cost.

Market_Share_Pr
marketing decisions and actions taken by a firm to protect its current market share from competitors ...

another definition in the dictionary:

Licensing-the granting of permission by one manufacturing organisation to another to use a registered brand, symbol, process, patent, etc.

Consumer_Market-buyers and potential buyers of goods and services for personal and household use.


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