Marketing Dictionary

another definition in the dictionary:

Market_Broadeni-a strategy in which a company looks beyond its existing product to the need or want of the consumers which buy it, thus a company which makes soap powder, knowing that what its consumers want is whiter clothes, might expand its operations to make a bleach.

Adoption_Rate_D-factors which influence the rate of adoption of a new product. See Communicability, Compatibility, Complexity, Divisibility, Relative Advantage.

Value_Analysis

the rating by a buying organisation of slightly different product offerings for the same task on a scale to select the most appropriate.



see also:

Image_Utility
the value given to a product by virtue of the fact that it brings satisfaction to the user in creati ...

another definition in the dictionary:

Standard_Produc-categories into which products are grouped using formal systems such as the Australian Standard Industrial Classification and the Australian Standard Commodity Classification. See Australian Bureau of Statistics, Casual Product Classes.

Majority_Fallac-the erroneous belief that the biggest segment of a market will be the most profitable one for a firm to enter, competition will usually be keenest in the biggest segment. See Market Segmentation.

Arbitrary_Metho
see All-We-Can-Afford Method. ...

another definition in the dictionary:

Interview_Study-a common technique for gathering primary data in marketing research. Respondents in an interview study complete a questionnaire delivered to them by telephone or mail or in a face-to-face interview.

Complementary_P-the pricing of one product at the optimum level, regardless of cost or profit considerations, so that the demand for another product which is used with it will increase and so maximise the profits from both products together.

Contractual_Sal
salespeople who are not full or part-time paid representatives of a company but who sell for it on a ...

another definition in the dictionary:

Dealer_Listing-the namimg in a product advertisement of certain retailers who have stocks, the naming of dealers is done as a convenience to consumers and to encourage the retailers to carry higher stock levels. Also referred to as Tagging.

NQT-abbrev. New Qualitative Technologies

External_Market
relatively uncontrollable factors outside the firm which influence its decision making. See Internal ...

another definition in the dictionary:

Screening_Inter-an early stage in the sales hiring process when supervisors meet with applicants to arouse further interest in the most promising and to identify those who are unsuitable.

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

Environmental_F
attempting to predict the nature and intensity of the microenvironmental and macroenvironmental forc ...

another definition in the dictionary:

Non_Manipulativ-methods used in selling where a salesperson, rather than trying to force an unwanted product on a customer by high-pressure means, works with the customer to identify a genuine need and to provide a satisfying solution. See Manipulative Selling Techniques.

Drummers-a nineteenth century term of American origin for a travelling salesperson.


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