Marketing Dictionary

another definition in the dictionary:

Functional_Disc-a price allowance given to a firm performing some part of the marketing function for other members of the channel of distribution, also called Trade Discount.

Bells_and_Whist-the optional features built into a basic product to satisfy or impress as large as possible a number of buyers, the term 'plain vanilla' is an equivalent slang term used to describe a product with only the most basic features.

Small_Order_Pro

the problem of coping with sales orders which are so small that the cost of filling them offsets the profit.



see also:

Guarantee
a written assurance by the manufacturer that a product will be replaced or repaired to the customer' ...

another definition in the dictionary:

Growth_Strategi-the means by which an organisation plans to achieve its objective to grow in volume and turnover. Four broad growth strategies are available - market penetration, product development, market development and diversification.

Significance-see Substantiality.

Negative_Demand
demand for products which consumers dislike and would prefer not to have to purchase. Negative deman ...

another definition in the dictionary:

Depth_Selling-see Problem-Solving Approach.

Response_Bias-the inclination of respondents in a marketing research survey to give the answer that they believe the interviewer wants to hear.

Cash_Flow
the money required by a company to meet expenses in a given period. ...

another definition in the dictionary:

Retail_Image-the perception that consumers have of a particular store and of the experience of shopping there.

Primary_Data-information that is obtained directly from first-hand sources by means of surveys, observation or experimentation. See Secondary Data.

Captive_Product
a product made specifically to be used with another, such as a refill with a ball-point pen, a blade ...

another definition in the dictionary:

Relative_Advant-the degree to which a new product is superior to an existing one, a major determinant of the rate of adoption of a new product. See Adoption Rate Determinants.

Non_probability-the selection of a sampling unit by arbitrary methods, such as convenience and judgement.

Brand_Revival
the resurrection of a brand that is being harvested or which has previously been eliminated, brand r ...

another definition in the dictionary:

Inventory_Manag-activities involved in maintaining the appropriate level of stock in a warehouse.

Breakthrough_Op-opportunities that are seen by innovative firms which develop hard-to-imitate marketing strategies that are very profitable for a long time, less creative firms adopt risk-avoiding 'me-too' strategies. See Follow-the-Leader Strategy.


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