Marketing Dictionary

another definition in the dictionary:

Recognition_Tes-a means of evaluating the effectiveness of a firm's recent advertising, respondents are shown an advertisement, asked if they have seen it before, and, if so, are quizzed on its contents.

Convenience_Sto-a neighbourhood store which stocks frequently purchased items such as milk, bread and cigarettes.

Services_Market

the marketing of intangible products, such as hairdressing, cleaning, insurance and travel.



see also:

Response_Sellin
a elementary form of selling, common in retailing, in which the salesperson simply responds to the c ...

another definition in the dictionary:

Marketing_Depar-a term used to refer to the orientation of an organisation which has established a separate department to look after its marketing activities but which is not totally imbued with the marketing philosophy.

Marginal_Revenu-the change in total revenue that results from selling an additional unit.

Advertising_Imp
see Impact. ...

another definition in the dictionary:

Innovators-the small group of alert people who are the earliest to adopt a new product. See Diffusion of Innovation, Early Adopters, Early Majority, Laggards, Late Majority.

Call_Planning-the arrangement of a sales representative's visits to buyers into an orderly sequence, the setting of objectives, and the formulation of strategies for each call.

Breadth_of_Prod
see Width of Product Line. ...

another definition in the dictionary:

Significance-see Substantiality.

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.

Scanning
see Environmental Scanning. ...

another definition in the dictionary:

By_Product_Pric-a pricing method used in situations where a saleable by-product results in the manufacturing process. If the by-product has little value, and is costly to dispose of, it will probably not affect the pricing of the main product, if, on the other hand, the by-product has significant value, the manufacturer may derive a competitive advantage by charging a lower price for its main product.

Expected_Value_-see Expected Return Model.

Sequential_Segm
the division of a heterogeneous market into relatively homogeneous groups on one basis (for example, ...

another definition in the dictionary:

Demography-the study of the range of physical, social and economic characteristics that exist within a population.

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


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