Marketing Dictionary

another definition in the dictionary:

Risk-the chance a purchaser takes that the product will not function as expected or satisfy the felt want. See Emotional Risk, Financial Risk, Performance Risk, Physical Risk, Social Risk.

Full_Function_M-see Full-Service Wholesaler.

Utility

the inherent quality or ability of a product to satisfy a want. See Economic Utility, Form Utility, Information and Image Utility, Place Utility, Time Utility, Possession Utility.



see also:

Quota_Sample
a nonprobability sample, chosen without regard to location, representativeness, etc. from individual ...

another definition in the dictionary:

Macro_environme-the major uncontrollable, external forces (economic, demographic, technological, natural, social and cultural, legal and political) which influence a firm's decision making and have an impact upon its performance.

Outer_Directed_-one of three broad groups of consumers (with inner-directed consumers and need-directed consumers) identified in the Stanford Research Institute's survey of American lifestyles, outer-directed consumers buy 'with an eye to appearances and to what other people think.' This group represents about two-thirds of consumers in the U.S. See Value and Life Style Program (VALS), Inner-Directed Consumers, Need-Directed Consumers.

Mock_Purchase
a tactic in which a person poses as a customer, usually to obtain information about a competitor's p ...

another definition in the dictionary:

Channel_Conflic-discord among members in a marketing channel. See Horizontal Channel Conflict, Inter-type Channel Conflict, Marketing Channels, Vertical Channel Conflict.

Promotional_Par-an alliance between a manufacturer of a product and another company for the purposes of promotion, for example, Coca-Cola Co. may form a promotional partnership with 20th Century Fox Film Corp., agreeing to pay that company to display the soft drink prominently in a forthcoming feature film. See Movie Tie-Ins, Entertainment Marketing.

RPM
abbrev. Resale Price Maintenance. ...

another definition in the dictionary:

Price_Band-the range within which a product can be priced as dictated by competitive intensity and the perceived value of the product to consumers.

Standing_Room_O-a closing technique in which the salesperson tries to get a quick commitment to a purchase by telling the buyer that the demand for the product is heavy and that only a limited quantity is left. See Close.

Continuity
the scheduling of media exposures of a particular advertisement or campaign evenly within a given pe ...

another definition in the dictionary:

Laboratory_Test-see Accelerated Test Marketing.

Limited_Service-a wholesaler providing less than the full range of services of some other wholesalers but attempting to compensate for this by offering lower prices. See Full-Service Wholesaler.

Sales_Training
formal or informal coaching in sales methods, product knowledge, and account handling given to a sal ...

another definition in the dictionary:

Objectives-specific, measurable outcomes or results that an organisation plans to achieve in a given period.


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