Marketing Dictionary

another definition in the dictionary:

Product_Warrant-see Warranty, Express Warranty, Implied Warranty.

Brand_Preferenc-the stage of brand loyalty at which a buyer will select a particular brand but will choose a competitor's brand if the preferred brand is unavailable. See Brand Insistence, Brand Recognition.

With_Pack_Premi

a type of consumer sales promotion in which a free or low-cost gift is offered to purchases of a particular product, the gift is either inside the package of the product or fixed to the outside of it. See Premiums, In-Pack Premium, Near-Pack Premium, On-Pack Premium.



see also:

Full_Line_Strat
the decision by a producer to offer a large number of product variations in a product line. See Limi ...

another definition in the dictionary:

Expressive_(Soc-one of four social styles (with Amiable, Analytical and Expressive) commonly used to classify salespeople and their customers, Expressives are characterised by high assertiveness and high responsiveness.

Sales_Agents-see Outside Sales Facilities.

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

another definition in the dictionary:

Focus_Group-a qualitative marketing research technique in which an independent moderator interviews a small group of consumers from the target market in an informal setting to get an immediate market reaction to a new product or brand name, to generate new product ideas, etc. Also referred to as a Customer Panel. See Qualitative Marketing Research.

Shelf_Talker-a sign or tag used in a retail store to focus customer attention on a promoted product, especially useful in in-aisle promotions when products are difficult to shelve in special ways.

Bird_Dogs
individuals, sometimes junior salespeople, who seek out sales leads and prospects for more experienc ...

another definition in the dictionary:

Absolute_Produc-a new product introduction which does not manage to recover its production and marketing costs, the company incurs a financial loss.

Routine_Respons-a buying situation in which the buyer has had considerable past experience, also called Automatic Response Behaviour or Habitual Response Behaviour. See Extensive Problem Solving, Limited Problem Solving.

Cluster_Sample
a form of probability sample where respondents are drawn from a random sample of mutually exclusive ...

another definition in the dictionary:

Contactual_Refe-a group with which an individual has contact and which influences the individual's purchase decisions. See Aspirational Group, Dissociative Reference Group, Membership Group, Reference Groups.

Horizontal_Mark-the organisation of marketing activities by independent firms on the same level in a marketing channel so that they work closely together in buying, promotion, etc. to achieve economies of scale.

Opportunity_Cos
the value of the benefit forfeited by choosing one alternative over another. ...

another definition in the dictionary:

Balance_Sheet_C-a closing technique in which the salesperson assists an indecisive prospect to list on paper the 'arguments for' and 'arguments against' a particular product choice. Also known as the Benjamin Franklin Close. See Close.

Budgeting-the process of financial planning of income and expenditure for the firm's various activities - marketing, promotion, advertising, personal selling, etc.


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