Marketing Dictionary

another definition in the dictionary:

McKinsey_7_S_Fr-a framework or model, developed by the McKinsey Company, a leading consulting firm, for maximising success of the implementation of an organisation's strategic planning, according to the McKinsey experts, companies which are excellently managed have seven elements in common strategy, structure and systems (the three 'hardware' elements of success) and style, skills, staffing and shared values (the four 'software' elements of success.)

Product_Failure-a product that does not meet management expectations in the marketplace.

Technological_E

that part of the firm's external environment in which changes in technology affect the firm's marketing effort, the changing technological environment may pose threats or present opportunities.



see also:

Closing_Signals
see Buying Signals. ...

another definition in the dictionary:

Habitual_Decisi-consumer decision making or problem solving requiring only minimal search for, and evaluation of, alternatives before purchasing. Also referred to as Automatic Response Behaviour, Routine Response Behaviour and Routinised Problem Solving. See Extensive Problem Solving, Limited Problem Solving.

Build_Strategy-decision-making aimed at increasing market penetration of existing products into existing markets or new markets or both.

Competitive_Adv
that which one firm can do better than another to satisfy consumer needs and wants. ...

another definition in the dictionary:

Brand_Family-See Family Brand.

Market_Speciali-see Market Nicher.

Oligopsony
a market situation in which there are only a few buyers. ...

another definition in the dictionary:

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

Dummy_Media_Veh-a mock-up of a media vehicle (magazine, etc) used to test advertising effectiveness with a representative group of the target market.

DPI
abbrev. Disposable Personal Income. ...

another definition in the dictionary:

Accelerated_Tes-market testing of consumer goods using a simulated store technique rather than an actual test market, also referred to as Laboratory Test Markets and Purchase Laboratories.

Significance-see Substantiality.

Consumer_Wearou
a decrease in the effectiveness of an advertisement or promotional campaign due to boredom and famil ...

another definition in the dictionary:

Marketing_Strat-the determination of a firm's objectives, the selection of its target markets, the development of an appropriate marketing mix for each, and the allocation of the resources necessary to achieve its goals..

Adoption_Sequen-see Adoption Process.


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