Marketing Dictionary

another definition in the dictionary:

Idea_Generation-the first stage in the new product development process - the sourcing of ideas for new products, important sources include the firm's own R & D work, focus groups, competitor's products and suggestions from customers, distributors and salespeople. See New Product Development.

Skim_the_Cream_-see Market Skimming Pricing.

Secondary_Packa

a box or other protective wrapping in which the product in its primary package is kept until ready for use. See Primary packaging, Shipping Packaging.



see also:

High_Touch_Serv
customer service that is characterised by a high level of personal contact with customers, as oppose ...

another definition in the dictionary:

Psychological_N-innate human feelings of deprivation related to an individual's mental well-being. See Needs, Physiological Needs.

Macrosegmentati-the division of a market into broadly defined groups, each with its particular needs and wants, prior to further division or segmentation on the basis of more narrowly defined needs and wants. See Market Segmentation, Microsegmentation.

Maslow_s_Hierar
a theory propounded in 1954 by Abraham Maslow, a U.S. psychologist, who hypothesised that some innat ...

another definition in the dictionary:

Descriptive_Lab-a label on a product which announces the size, net weight, ingredients, composition, nutritional value, etc. See Label.

Licensing-the granting of permission by one manufacturing organisation to another to use a registered brand, symbol, process, patent, etc.

Demand_Pull_App
developing new products on the basis of market demand rather than on that of company-generated ideas ...

another definition in the dictionary:

Product_Concept-see Product Orientation.

Generic_Brand-a 'no-name' brand, a product that does not carry a brand name.

Brand_Reinforce
activity associated with getting consumers who have tried a particular brand to become repeat purcha ...

another definition in the dictionary:

Flanking_Attack-a competitive marketing strategy in which one company attacks another in a weak spot, commonly by paying maximum attention to either a geographic region or a market segment in which the rival is under-performing.

Blanket_Purchas-a purchase arrangement in which a buyer contracts with a supplier to take delivery of an agreed quantity of goods at a specified price over a fixed period of time, also called a Blanket Contract.

Backward_Integr
a strategy for growth in which a company seeks ownership of, or some measure of control over, its su ...

another definition in the dictionary:

Source-see Sender.

Public_Policy_E-that part of a firm's external environment which consists of controversial issues or matters of concern to governments, the media or influential pressure groups, factors in this environment may have an influence on a firm's decision-making or an impact upon its performance.


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