Last modified 8 years ago
A type of business purchase decision in which a buyer, who previously gave little consideration for alternatives when purchasing a certain type of product, has now decided to consider other options thus increasing the chances of purchasing from a new supplier.
Last modified 8 years ago
A component of the internal influences on consumer buying behavior that affects, through both conscious and subconscious processes, how a consumer perceives the world.
Last modified 8 years ago
Key component of the marketer's toolkit that represents decisions on the methods (e.g., advertising, personal selling, public relations) and strategies needed to communicate with a target market.
Last modified 8 years ago
A growing trend for using computer technology to deliver media programming and information, thus allowing media from one type of outlet (e.g., newspaper) to take advantage of features and benefits offered through other media outlets (e.g., Internet).
Last modified 8 years ago
Characteristics of a product that offer functional and/or psychological benefits to a customer.
Last modified 8 years ago
Companies that function as intermediaries in the research market by acquiring access to information, such as research reports, from producers of the research (e.g., market research companies) and then selling this information to those seeking research (e.g., marketer developing a new product).
Last modified 8 years ago
Retail format represented by a small, individually or family owned and operated outlet that generally services a local community often with a high level of service but relatively small product selection.
Last modified 8 years ago
The general name give to the four major methods marketers have for promoting their products that include advertising, sales promotion, personal selling and public relations.
Last modified 8 years ago
A business classification that includes resellers who, in general, obtain products from suppliers in order to sell to the final consumer.
Last modified 8 years ago
A component of the internal influences on consumer buying behavior that represents the strength of a persons desire to achieve a certain outcome.