Marketing Dictionary

another definition in the dictionary:

Business_Streng-a measure of the ability a firm has to compete successfully in a particular market.

Advertising_App-see Advertising Budget.

Trading_Down

adding a lower-priced version of a product to the range, generally to capture a new market segment not served effectively because the original version of the product was too expensive for it. See Trading Up.



see also:

Foreign_Market_
expansion by entering an overseas market, the four possible ways of entry an overseas market are by ...

another definition in the dictionary:

Retail_Advertis-advertising by retailers direct to consumers.

Regional_Brands-manufacturers' brands sold only in certain regions.

Detailer
a salesperson, especially in the pharmaceutical drug industry, whose primary task is to inform clien ...

another definition in the dictionary:

Qualifying_the_-asking questions to discover whether a prospective buyer has a need for the product, can afford it, and has the authority to buy.

Reverse_Marketi-a marketing channel in which goods (to be recycled or reprocessed) flow backward from consumer to intermediaries to producer, also called a Backward Marketing Channel..

Oligopoly
a market situation in which there are only a few sellers, in an oligoplistic situation the marketing ...

another definition in the dictionary:

Product_Flankin-a competitive marketing strategy in which a company produces its brands in a variety of sizes and styles to gain shelf space and inhibit competitors.

Contract_Law-the body of law relating to contracts.

Restraint_of_Tr
any action which damages in some way another's opportunity to carry on a business. ...

another definition in the dictionary:

POSSLQ-abbrev. Persons of Opposite Sex Sharing Living Quarters, sometimes written as POSLSQ - Persons of Opposite Sex Living in Same Quarters.

Maturity_Stage_-the third stage (after introduction and growth) in the life of a typical product, in maturity, the product is well-known, has some loyal customers and strong competition. See Product Life Cycle, Introductory Stage, Growth Stage, Decline Stage.

Personal_Interv
a face-to-face meeting with a client, job applicant, buyer, marketing research respondent, etc. ...

another definition in the dictionary:

Implied_Warrant-the notion, upheld by courts in recent years in response to mounting consumer complaints, that a product is covered by warranty even if not expressly stated, and that manufacturers are liable for injury caused by a product even if there has been no negligence in manufacturing, hence, caveat vendor or 'let the seller beware'. See Warranty, Express Warranty, Promotional Warranty, Protective Warranty.

KISS_Principle-acronym for 'Keep It Simple and Straightforward'


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