Marketing Dictionary

another definition in the dictionary:

Sliding_Commiss-a compensation method in which salespeople are paid commissions at a changing rate depending on the quantity sold. See Progressive Commission, Regressive Commission.

Advertising_Sta-a body comprising representatives from the retail trade, trade unions, academics, advertising agencies and the media established to administer voluntary advertising codes and to provide a vehicle for consumer complaints about advertising.

Selective_Reten

the perceptual process in which people subconsciously are most apt to remember information that confirms their previously held attitudes. See Selective Exposure, Selective Distortion.



see also:

Brand_Loyalists
consumers who remain loyal to a brand over a long period of time. See Brand Loyalty, Brand Promiscui ...

another definition in the dictionary:

Intangible_Prod-the unobservable characteristics which a physical good possesses, such as style, quality, strength, beauty, etc. See Tangible Product Attributes.

Reference_Group-all of those whose influence plays some part in the buying behaviour of consumers. See Aspirational Reference Group, Contactual Reference Group.

Response_Elasti
a measure of the degree to which individuals or groups respond to a marketing program. ...

another definition in the dictionary:

Isolation_Effec-the notion that a price will appear more attractive if the product is placed in the store next to a an alternative product which is more expensive.

Expected_Return-cepted. Also called the Expected Value Method and Expected Value Analysis.

Reduced_Price_P
a type of consumer sales promotion in which two or more units of the same product are banded togethe ...

another definition in the dictionary:

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

Segmentation_Ba-geographic, demographic, psychographic and behaviouristic - upon which a heterogeneous market can be divided into relatively homogeneous groups.

Breadth_of_Prod
see Width of Product Line. ...

another definition in the dictionary:

Downward_Stretc-introducing a new product into a product line at the lower priced end of the market. See Product Line Stretching, Upward Stretching, Two-Way Stretching.

Boomerang_Metho-hurling a buyer's objection back as a reason for buying. If, for example, a buyer objects that he or she cannot afford the item, a salesperson might answer, 'Yes, but can you afford not to buy it?', sometimes referred to as the Translation Method. See Objections.

Area_Market_Spe
a marketing manager, with good local knowledge, located in a high-volume, distinctive market to supp ...

another definition in the dictionary:

Field_Research-see Primary Research.

Percentage_of_S-a method of setting a budget for promotion in which the sum to be expended in a given period is a fixed percentage of the sales income for the previous period.


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