Marketing Dictionary

another definition in the dictionary:

Lifestyle_Segme-the division of a total heterogeneous market into relatively homogeneous groups on the basis of their way of life as shaped by their interests, attitudes and opinions. See Psychographic Segmentation.

Non_Business_Ma-see Non-Profit Marketing

Price_Taker

any firm which is unable to influence the general level of commodity prices by altering the quantity of the product produced, a firm operating in a perfectly competitive market situation is, necessarily, a price-taker. Price-takers are sometimes also referred to as Quantity Adjusters as their chief decision is to adjust the amount they produce to a given price. See Perfect Competition.



see also:

Real_Positionin
the modification of a product offering so that it delivers more satisfactorily the benefits that buy ...

another definition in the dictionary:

Global_Marketin-marketing the same or very similar products to world markets with essentially the same promotion, also commonly referred to as International Marketing.

Knocking_Copy-advertising copy in which one manufacturer compares a product to the product of another, under the Advertising Code of Ethics administered by the Media Council of Australia, knocking copy is allowed provided one does not 'disparage identifiable products, services or advertisers in an unfair or misleading way'. See Comparison Advertising.

Selling_Formula
various formulae used by salespeople to guide their presentations to buyers. See AIDA, Formula Selli ...

another definition in the dictionary:

Daily_Activitie-a record of a salesperson's activities on a day-by-day basis, showing clients visited, products presented and results, it may also include reasons for the failure to sell.

Aspirational_Gr-a sub-category of a reference group, consisting of individuals (not necessarily known personally) with whom a person desires to be associated. See Contactual Reference Group, Dissociative Reference Group, Membership Group, Reference Groups.

Features
prominent or distinctive characteristics of a product's use, construction or design, also referred t ...

another definition in the dictionary:

Galvanometer-a scientific instrument used in marketing research to measure the reaction of a subject in a study to an advertisement, the instrument measures the perspiration that accompanies the subject's interest or arousal. See Galvanic Skin Response.

Asset_Based_Mar-a marketing approach which uses the knowledge and skills a company has already developed as the basis for growth.

Advertising_Bud
the sum allocated in a particular accounting period for expenditure on advertising, also called an A ...

another definition in the dictionary:

Media_Vehicle-a specific medium for the transmission of an advertiser's message.

Free_alongside_-a pricing approach in which the manufacturer pays the freight cost to the wharf, costs associated with loading and shipping are borne by the purchaser. See Geographical Pricing.

Individual_Bran
a brand name used for a single product within a product line. See Corporate Branding, Family Brand. ...

another definition in the dictionary:

Brand_Life_Cycl-a concept, building on the product life cycle concept, which states that brands also have a life cycle - introduction, growth, maturity, decline - and that particular brand management strategies are appropriate at each stage. See Product Life Cycle.

Quota-any restriction imposed by law on the quantity of a product which can be produced or imported, a form of protectionism. See Protectionism, Sales Quota.


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