Marketing Dictionary

another definition in the dictionary:

Product_Item-a product variant with its own distinctive attributes (price, packaging, etc.), also called a Stock-Keeping Unit and a Stock-Taking Unit.

Boston_Consulti-a tool, devised by the Harvard-based Boston Consulting Group, for use in product and strategic business unit (SBU) planning, the matrix, based on the percentage rate of market growth per annum and the market share relative to the market leader, allows the planner to categorise each product or SBU as a 'Cash Cow', 'Star', 'Question Marks' (or 'Problem Child') or 'Dog', and to develop marketing strategies appropriate to each category's propensity to generate, or use, cash. See Cash Cows, Dogs, Question Marks, Stars.

Try_On_For_Size

a buyer-based approach to pricing in which salespeople test resellers' reactions to the proposed price of a forthcoming product before a final decision on price is made.



see also:

Learning_Proces
the way in which an individual's behaviour changes as a result of previous experiences, the process ...

another definition in the dictionary:

Model_Bank-a variety of mathematic models used in a marketing information system to simulate real-life situations to assist in decision making.

Internal_Inform-a stage in the consumer buying process for a low-involvement product, past experiences with items in this product class are considered. See Low-Involvement Products.

FIS_Pricing
see Free-in-Store Pricing. ...

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.

Recruiting-see Sales Personnel Recruitment.

Logistics
activities involved with the orderly and timely acquisition and transportation of materials required ...

another definition in the dictionary:

Critical_Path_A-a planning technique used to keep projects on schedule, a flowchart shows time allotments and priorities for each activity.

Asset_Turnover-a ratio used to evaluate the profitability of a firm, net sales in a given period are divided by total assets.

Environmental_S
the process of examining the internal and external factors which influence the firm's operations and ...

another definition in the dictionary:

Hard_Sell_Appro-an approach to selling in which the salesperson puts pressure on the buyer to make a commitment to purchase, an approach typical of the period of the 'selling era' from the 1930s to 1950s.

Optimal_Reorder-see Economic Order Quantity, Just-In-Time Inventoy System.

Advertising_to_
a marketing control measure used to determine whether the amount spent on advertising in a given per ...

another definition in the dictionary:

Asset_Turnover-a ratio used to evaluate the profitability of a firm, net sales in a given period are divided by total assets.

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


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