Marketing Dictionary

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.

Depth_of_Produc-see Product Line Length.

Prestige_Pricin

a pricing strategy in which prices are set at a high level, recognising that lower prices will inhibit sales rather than encourage them and that buyers will associate a high price for the product with superior quality, also called Image Pricing. See Psychological Pricing.



see also:

Order_Generatio
advertising, personal selling and sales promotion. ...

another definition in the dictionary:

Fad-a product, especially a fashion, that comes quickly to the attention of an eager public, achieves peak sales in a relatively short time, and rapidly declines in popularity, that is, a popular product with a particularly short life cycle. See Fashion.

Microsegmentati-the division of a market into smaller groups of customers on the basis of more narrowly defined needs and wants, after having already divided or segmented it on the basis of broadly defined needs and wants. See Market Segmentation, Microsegmentation.

Multiple_Exchan
a term used in non-profit marketing in reference to the fact that non-profit organisations must deal ...

another definition in the dictionary:

Action_Program-a detailed plan showing how major marketing tasks will be managed and implemented, who will do them, and when, also called an Action Plan.

Market_Speciali-see Market Nicher.

Brand_Franchise
the loyalty that attaches to a well-managed brand. See Brand Extension. ...

another definition in the dictionary:

Credit-the allowance of time in which to pay for a purchase. See Consumer Credit.

Consumer_Non_Du-a classification of frequently purchased consumer goods, non-durables are items which are consumed in one use or a few uses, expendables. Consumer non-durables are further sub-divided into packaged and non-packaged goods. See Consumer Durables, Packaged Goods, Non-Packaged Goods.

Product_Line_Fe
a strategy in which certain items in a product line are given special promotional attention, either ...

another definition in the dictionary:

Publicity-corporate or product promotion that is obtained free of charge.

Mark_Down-if a firm reduces an item to sell it at below its original retail price, the difference between the original price and the reduced price is called the mark-down.

Action_Program
a detailed plan showing how major marketing tasks will be managed and implemented, who will do them, ...

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.

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.


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