Last modified 8 years ago
A form of sales promotion, mainly used in the consumer market, which typically lowers a customer's final acquisition cost for a product purchase but generally does so by: 1) requiring customers provide information and/or undertake activity after the purchase, and 2) only offering the incentive after the information is received.
Last modified 8 years ago
The planned direction the marketing effort takes over some period of time that serves as a general guide to decision-making.
Last modified 8 years ago
A group discussion market research technique that encourages creative thinking and group interaction to help stimulate idea generation.
Last modified 8 years ago
A component of the external influences on consumer buying behavior that represents people and organizations with which a person shares certain characteristics and which may influence a persons purchase decisions.
Last modified 8 years ago
The fourth category within the Diffusion of Innovation consisting of up to one-third of the overall market who are primarily characterized as preferring to take a wait-and-see approach before trying something new.
Last modified 8 years ago
A media relations tools used as part of public relations involving the submission of articles to media, such as newspapers and websites, as filler material when publications lacks sufficient content or as original content for publishers whose business model involves mostly third-party submissions.
Last modified 8 years ago
A category within personal selling that includes salespeople who primarily concentrate on selling activities targeted to those who influence others to purchase the product of which is the Missionary Selling is most predominant example.
Last modified 8 years ago
Stage within the Product Life Cycle which occurs when the market is no longer able to sustain sales levels for a product as sales are decreasing at increasing rates compared to previous periods.
Last modified 8 years ago
Stage within the Product Life Cycle which occurs when a product is widely accepted and often reaches rapid growth characterized by a large percentage sales increase over previous periods.
Last modified 8 years ago
A component of the internal influences on consumer buying behavior that represents what a person values out of life by the activities they engage in and the interests they express.