Marketing Dictionary

another definition in the dictionary:

Capitalist_Syst-see Free Market System.

PLC-abbrev. Product Life Cycle

Price_Leadershi

a situation which occurs when one or a few companies, usually larger companies, are consistently the first to institute price changes.



see also:

Market_Minimum
the level of sales that a firm can expect to achieve in a market without promotional effort of any k ...

another definition in the dictionary:

Brand_Map-see Perceptual Mapping.

Limited_Problem-buying situations in which a purchaser has had some previous experience but is unfamiliar with suppliers, product options, prices, etc. Also referred to as Limited Decision Making. See Extensive Problem Solving, Routine Problem Solving.

Retentive_Adver
see Reminder Advertising. ...

another definition in the dictionary:

Features_and_Be-a selling style in which a salesperson is careful to relate each feature of the product being presented to a particular benefit which the feature will deliver to the buyer.

Brand_Reinforce-activity associated with getting consumers who have tried a particular brand to become repeat purchasers and with attracting new users, brand reinforcement is a key objective of the growth stage of the product's life cycle. See Growth Stage of the Product Life Cycle.

Persuasive_Adve
advertising intended to persuade (rather than to inform or remind). ...

another definition in the dictionary:

Licensed_Charac-figures from fiction, television, movies, etc which are used, under license from their creators, in the marketing of consumer goods such as breakfast cereals, chocolate bars, ice creams and so on.

Population-in marketing research, the total group that a researcher wishes to study, also called the Universe.

Sampling_Frame
the source from which sampling units (respondents) are chosen in a marketing research study, commonl ...

another definition in the dictionary:

Prestige_Produc-items of superior quality, high status merchandise.

Capital_Items-long-lived business assets (buildings, plant and equipment, etc) of a firm.

Product
a bundle of need-satisfying tangible and intangible attributes offered to a buyer by a seller. See A ...

another definition in the dictionary:

Deceptive_Prici-the pricing of goods and services in such a way as to cause a customer to be misled, an example of deceptive pricing is bait-and-switch pricing. See Bait-and-Switch Pricing.

Command_System-see Planned Economy, Controlled Allocation System.


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