Marketing Dictionary

another definition in the dictionary:

Physical_Distri-the storage, handling and movement of goods within an organisation and their shipment to customers.

Gross_National_-the total market value of goods and services produced by a nation in a year.

Screening

an early stage in the new product development process when ideas for new products are sifted or screened to identify those that the firm might profitably develop, two broad approaches to idea screening are possible: managerial judgement and customer evaluation. See Drop Error, Go Error, New Product Development.



see also:

Price_Wars
a conflict situation likely to occur in industries where products cannot be greatly differentiated, ...

another definition in the dictionary:

Nonverbal_Commu-the transmission of a message from sender to receiver without using words. See Body Language, Kinesic Communication, Proxemic Communication, Tactile Communication.

Competitive_Env-that part of the company's external environment which consists of other firms vying for patronage of the same market.

Sales_Represent
a salesperson, an individual employed to sell goods on behalf of a producer or some other member of ...

another definition in the dictionary:

Price_Incentive-a common form of sales promotion in which price reductions are offered to consumers to encourage them to buy a particular product earlier or in larger quantity.

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.

Product_Differe
a strategy which attempts (through innovative design, packaging, positioning, etc.) to make a clear ...

another definition in the dictionary:

Adaptation_Appr-an approach in global marketing in which an organisation allows an affiliate or subsidiary to set the most desirable price, provided it is profitable, in its own region, also referred to as the Polycentric Approach. See also Extension Approach, Geocentric Approach.

Ho_Hum_Products-a colloquial term used in reference to common, everyday items (such as paper clips, drawing pins, staples and scribble-pads) which cannot be differentiated significantly from those of competitors, purchasers of 'ho-hum' products will generally favour the cheapest available.

Autonomic_Decis
a purchase decision made by either spouse independently. See Syncratic Decision. ...

another definition in the dictionary:

Rational_Appeal-advertising messages, usually product-feature based, in which advertisers attempt to achieve their objectives by appeals to logic and reason rather than to the emotions. See Emotional Appeals in Advertising.

Speciality_Reta-retail stores offering limited, specialised lines but carrying a deep assortment within the lines.

Advertising_All
see Advertising Budget. ...

another definition in the dictionary:

Sink_or_Swim_Sa-the practice of throwing new sales recruits straight into the field without formal training so that they have to learn fast or risk losing their jobs. See Sales Training.

Contests-a form of sales promotion in which consumers are induced to buy earlier, or in greater quantity, by the offer of prizes of cash or merchandise to be won in a competition. See Sales Promotion.


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