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In marketing terms it is a strategic approach to the pricing of products in a competitive environment. The pricing is done not by the economics of the product but more by the appeal that can be made from it's price. The product is given value through it's price rather than it's function.
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What does PMA mean in marketing terms?
PMA means "Produce Marketing Association" in marketing terms.
What is negotiating contracts?
It is the give and take about the clauses of the agreement. It means discussing the pricing, delivery terms and other aspects of the obligations.
How Marketing as a means of branding Nigeria?
"How Marketing as a means of branding nigeria?"
What is meaning the customisation in marketing?
customization means in marketing
In terms of letter writing what is an enclosure?
"Enclosure" simply means that the sender has included something else in the envelope besides the letter you are reading. It could be a marketing flyer, another letter, a brochure with terms, even a photo!
What is perdatory pricing?
Predatory means "in the manner of a predator." Predatory pricing is designed to drive competitors out of business by pricing so low that the competition can't compete.
What is front line pricing?
Front line pricing means that you cant offer an offer and you will have to suck it up and deal with it!
What is the difference between online marketing and internet marketing?
Technically, the term internet means the actual global group of computers that store and exchange all the information on the world wide web. And the term online means that you are plugged into it (i.e. your on your computer). However, most people use the two terms interchangeably. Marketing on the WWW is done in several ways: Email Broadcasts, Advertisements, Social Media Marketing, Affiliate Marketing just to name a few. I find webopedia.com to be very useful to find answers about the internet. Hope this helps!
What does FMO stand for in insurance terms?
Field Marketing Organization. This generally means they are owned by an insurance carrier, but not always. There are some FMOs which are independently owned and are sometimes referred to as IMOs
What does WAG mean in marketing terms?
It means a wild guess without any hard facts. "How many of these do you think we can sell?" "I dunno, but I'll take a WAG and say 1000."
Definition of marketing by Philip kotler?
marketing means meet needs profitibility.
In business terms what does MLM stand for?
The term MLM stands for "multi-level marketing" in business terms. MLM is a term which means that the sales agent receives commission for their direct sales as well as well as their direct referral's sales.
