Marketing Dictionary

another definition in the dictionary:

Dramatisation_o-the vitality given to a presentation or demonstration of a product by a salesperson to a buyer, presentations can be dramatised by using audiovisual aids, involving the buyer in the operation of the product, etc.

Guarantee-a written assurance by the manufacturer that a product will be replaced or repaired to the customer's satisfaction if it is found to be defective or does not perform as intended. See Warranty.

Return_on_Inves

a measure of a firm's profitability in which profits are expressed as a percentage of investment.



see also:

Continuum_of_Pl
the idea that planning is a multi-level process, beginning at the top with corporate planning and go ...

another definition in the dictionary:

Marketing_Resea-a marketing control measure used to determine whether the amount spent on marketing research in a given period was excessive in relation to its sales, total marketing research expenditure is expressed as a percentage of total sales revenue.

Individual_Prod-see Product Item.

SKU
abbrev. Stock-Keeping Unit. ...

another definition in the dictionary:

Latent_Demand-demand for a product which can satisfy a want which is unable to be satisfied by any existing product.

Electronic_Reta-the use by customers of computer terminals in conveniently located shopping kiosks to call up product information and then to place orders using credit cards.

Grey_Market
the importing of particular goods by firms which have not been appointed by the manufacturer as offi ...

another definition in the dictionary:

Marginal_Profit-the change in the total profit that results from the sale of an additional unit.

Audiotext-a relatively new, alternative promotional medium in which an advertiser's recorded message is reached by an interested potential purchaser by telephone. See Alternative Media.

Perfect_Competi
see Pure Competition. ...

another definition in the dictionary:

Booz,_Allen_and-a U.S. based marketing consulting firm, especially recognised for its studies of failure rates in new product introductions.

Choice_Set-the final set of brands from which a consumer makes a purchase choice after some brands in the awareness set have been considered and rejected. See Awareness Set.

Computer_Modell
constructing and manipulating computer-based simulations of marketing situations to examine the cons ...

another definition in the dictionary:

Buyer_Intention-a method of predicting future demand for a product by asking potential buyers for their likely requirements.

Conference_Sell-a selling situation in which a salesperson enlists the assistance of other people in the company (technicians, engineers, etc.) in meeting with a group of buyers from different firms to explain a new product or discuss problems and opportunities. See Group Selling, Team Selling.


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