Marketing Dictionary

another definition in the dictionary:

Loss_Leader_Pri-the pricing of a product at less than cost to attract purchasers to a store so that they will buy additional items at normal prices. See Loss Leader.

Selective_Expos-the perception by an individual of certain, more relevant, facts or advertisements but not of others, also called Selective Perception. See Selective Distortion, Selective Retention.

Trial_Close

a technique used in selling to assess the buyer's readiness to make a purchase decision. A trial close usually takes the form of questions that ask for decisions on minor selling points, if the salesperson gets favourable responses to these questions, he or she can more confidently attempt to close the sale. See Close, Minor Points Close.



see also:

Attitude_Tracki
measuring the degree of satisfaction with a product through an on-going study of consumer attitudes ...

another definition in the dictionary:

Knockoffs-a colloquial term used in reference to new product innovations which are almost identical, look-alike copies of competitors' best-selling items, knockoffs are common where the item copied fits nicely with the manufacturing and marketing strengths of the company which copies it, and are intended to take overall market share from the competitor.

Closed_Promotio-a sales promotion which is available only to a specific, high-potential target, for example, a bank might wish to target graduating university students and send coupons to them by mail. See Open Promotion.

Commission
a payment made to a salesperson based on a percentage of the value of the goods sold. ...

another definition in the dictionary:

Reseller-a middleman, one who buys merchandise to resell it at a profit.

Loading_Objecti-one of a three possible aims or objectives (with loyalty objective and trial objective) of a consumer sales promotion, purchasers are offered incentives to buy a greater quantity of the product than they would otherwise have done. See Loyalty Objective, Trial Objective.

Ansoff_Matrix
a tool, devised by Igor Ansoff, to provide a logical framework for the understanding and development ...

another definition in the dictionary:

Adopter_Categor-the ranking into which adopters of a new product fall according to their willingness and speed to embrace a new product, adopter categories are normally listed as innovators, early adopters, early majority, late majority and laggards. See Diffusion of Innovation.

Gross_National_-the total market value of goods and services produced by a nation in a year.

Commission
a payment made to a salesperson based on a percentage of the value of the goods sold. ...

another definition in the dictionary:

Complete_Segmen-the division of a market into segments consisting of individual customers and tailoring a product and marketing program for each. See Custom Marketing, Customised Marketing Mix, Disaggregated Market.

Specialty_Store-a retail store typically carrying only one, or part of one, product line but having considerable depth within the line, examples include stores selling only jogging shoes for women, or men's hats.

Market_Potentia
the size or value in dollars of a total market should all those who profess a level of interest in a ...

another definition in the dictionary:

Cumulative_Quan-a price reduction offered to a purchaser in which the amount of the discount increases over time with the volume purchased. See Non-Cumulative Quantity Discount.

Modes_of_Transp-the range of methods available for the shipment of goods - air, rail, road, sea, pipeline, etc.


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