Marketing Dictionary

another definition in the dictionary:

Downside_Elasti-a term used in reference to the sensitivity of consumers to a decrease in the price of a particular product, downside elasticity means that the demand for the product increases significantly as the price falls. See Downside Inelasticity, Upside Elasticity, Downside Elasticity.

Lagged_Response-a delayed response by consumers to an advertising campaign, measuring the effect of a campaign which is running currently is made more difficult by a lagged response to an earlier one. Also called Lagged Effect.

Value_and_Life_

a system developed at Stanford Research Institute for classifying the American adult population into nine distinct groups on the basis of their values and lifestyles.



see also:

Performance_App
an evaluation of the activities and effectiveness of a salesperson, marketing officer, etc during a ...

another definition in the dictionary:

Progressive_Com-a sales commission system in which the commission rate increases as the salesperson sells more goods. See Regressive Commission.

Sliding_Down_th-a pricing method in which the initial price is set at the highest possible level and then gradually reduced to attract successive waves of purchasers as demand diminishes.

Innovation
the introduction of a product which is new to both the company and its customers, a new-to-the-world ...

another definition in the dictionary:

Marketing_Contr-activities involved in checking that marketing action plans are producing the desired results, and the taking of corrective action if they are not.

Commercial-a television advertisement .

Aspirational_Gr
a sub-category of a reference group, consisting of individuals (not necessarily known personally) wi ...

another definition in the dictionary:

DPI-abbrev. Disposable Personal Income.

Downward_Stretc-introducing a new product into a product line at the lower priced end of the market. See Product Line Stretching, Upward Stretching, Two-Way Stretching.

Multiple_Channe
the use of more than one channel of distribution to sell a product, eg. direct mail, direct to major ...

another definition in the dictionary:

Image_Utility-the value given to a product by virtue of the fact that it brings satisfaction to the user in creating prestige and esteem. See Utility.

Packaging-the materials (glass, aluminium, cardboard, etc) originally intended merely to contain and protect a product, in recent years the role of packaging has been broadened so that, in addition to containment and protection, its purpose is to attract attention, provide additional product information, and assist in promotion.

Discriminatory_
see Differential Pricing. ...

another definition in the dictionary:

Outside_Sales_F-manufacturers' agents and representatives, sales agents, dealers, distributors, etc available to supplement or even to replace a firm's own sales force.

Segmentation_St-specific marketing approaches available to, or taken by, a firm in relation to the market segment or segments it wishes to target, four specific segmentation strategies are available - concentrated segmentation strategy, market segment expansion strategy, product line expansion strategy and differentiated segmentation strategy. See Concentrated Segmentation Strategy, Market Segment Expansion Strategy, Product Line Expansion Strategy, Differentiated Segmentation Strategy.


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