Marketing Dictionary

another definition in the dictionary:

Prototype_Testi-the trialling of a sample of a newly developed product on selection of customers from the target market .

Downside_Inelas-a term used in reference to the sensitivity of consumers to a decrease in the price of a particular product, downside inelasticity means that there is no significant increase in demand as the price falls. See Downside Elasticity, Upside Elasticity, Upside Inelasticity.

Trade_Discount

an allowance or price reduction in payment for a channel member's participation in the distribution network, also called a Functional Discount. See Discount.



see also:

Microscheduling
the allocating of the total expenditure on advertising within a short period in order to obtain maxi ...

another definition in the dictionary:

Discount_House-a retailer specialising in consumer durables and soft goods, attracting customers with low prices, typically, discount houses operate on low mark-ups and offer a minimum of customer service.

Speciality_Reta-retail stores offering limited, specialised lines but carrying a deep assortment within the lines.

Demand_Elastici
see Elasticity of Demand. ...

another definition in the dictionary:

Seminar_Selling-bringing together a number of prospective buyers at the same time for a sales presentation.

Sales_Kit-a collection of sales materials, such as brochures, calendars, signs and posters, prepared to explain a particular promotion to retailers, it will usualy include a full advertising schedule..

Brand_Repositio
changing the appeal of a brand in order for it to attract new market segments, brand repositioning m ...

another definition in the dictionary:

Kickback-a bribe or illegal payment offered to an organisational buyer in order to obtain the business, commonly, the kickback is a percentage of the salesperson's commission on the sale or an item of merchandise.

Attributes-see Features.

Salary_Plan
a salesforce compensation method in which salespeople are paid a straight salary, a salary plan appr ...

another definition in the dictionary:

Marketing_Resea-a marketing control measure used to determine whether the amount spent on marketing research in a given period was excessive in relation to its sales, total marketing research expenditure is expressed as a percentage of total sales revenue.

Product_Line_Re-reducing the width of a product mix by decreasing the diversity of items offered across product categories, product line retrenchment is common following the failure of brand leveraging to launch a brand into a related category. See Product Line, Product Mix Width.

Advertising_Tar
the entire market, or some part of it, which a firm wishes to attract with its advertisement. ...

another definition in the dictionary:

Psychological_P-pricing intended to influence the customers' perception of the actual price of a product, two common forms of psychological pricing are odd pricing and prestige pricing. See Odd Pricing, Prestige Pricing.

Controlled_Allo-see Planned Economy, Command System.


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