Marketing Dictionary

another definition in the dictionary:

Prospecting-the first step in the selling process, the activity of seeking out potential customers.

PDM-abbrev. Physical Distribution Management, Product-Differentiated Marketing.

Stagflation

a term coined to describe a situation which exists in an economy when high unemployment and rising prices and wages occur together.



see also:

Administered_Pr
cost-oriented pricing in which a firm bases its prices on considerations within the firm rather than ...

another definition in the dictionary:

Recruiting-see Sales Personnel Recruitment.

Omnibus_Survey-a type of marketing research survey, commonly organised by a major professional marketing research company, in which different cross sections of the community are interviewed by probability sampling at regular intervals about buying habits, product and brand preferences, etc, called an 'omnibus' survey because any marketer can join in (on a regular or ad hoc basis), for a fee, to add questions.

Brand_Recogniti
the stage of brand loyalty at which the buyer is aware of the existence of a particular brand but ha ...

another definition in the dictionary:

Profitability_C-marketing effort intended to assess the level of profitability of each product in the portfolio, of each market segment, of each marketing channel, etc.

Retailing-the activity of selling to buyers who are buying for their own ultimate consumption.

Elasticity_of_D
a measure of the degree to which any change in the price of a product will affect the demand for it. ...

another definition in the dictionary:

Electronic_Fund-a system commonly used in retailing in which a consumer pays for purchases by means of an electronic transfer of funds from his or her bank account to that of the store.

Sociocultural_E-that part of the firm's external marketing environment in which social or cultural changes (that is, changes to the value system of a society) act to affect the firm's marketing effort, the changing sociocultural environment may pose threats or present opportunities.

Counter_Adverti
advertising sponsored by pressure groups in opposition to certain products. ...

another definition in the dictionary:

Contract_Manufa-the production and marketing by agreement of a company's product by an overseas firm.

Error_Rate-the percentage of errors (wrong items, wrong quantity, wrong address, etc.) made in shipping merchandise to customers.

Geographic_Orga
the organisation of firm's marketing activities so that a separate division is responsible for each ...

another definition in the dictionary:

Product_Depth_(-see Product Line Length.

Megatrend-a major movement, pattern or trend emerging in the macroenvironment, an emerging force likely to have a significant impact on the kinds of products consumers will wish to buy in the foreseeable future. Megatrends evident today include a growing interest in health, leisure, lifestyle and environmental issues.


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