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fulfillment

 
Marketing Dictionary: fulfillment

Processes necessary to receive, service, and track orders sold via direct marketing. There are different types of fulfillment systems based on the product or service sold, including subscriptions, book club memberships, continuities, catalog merchandise, and fund-raising. The differences among fulfillment services arise from whether the sale is a one-shot or involves continuous service over time, whether there is one product being sold at a time or many, whether the sale is on a cash or credit basis, the nature of the product being sold and its delivery requirements, and the type of statistical information that must be compiled.

The primary functions of fulfillment systems are (1) to respond quickly and correctly to an order by delivering the item ordered, (2) to maintain customer records, (3) to send invoices and to record payments, (4) to respond to customer inquiries and complaints and resolve problems, and (5) to produce purchase and payment information on an individual customer basis and on a group basis (usually by source or key code) to aid in developing marketing plans and strategies. The basic processes of fulfillment are mail opening, caging (see cage), order entry, customer service, address label printing and presorting (see presort), merchandise picking and packing, billing, promoting, and statistical analysis and reporting.

Additional information can be obtained from the Fulfillment Management Association in New York City.

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Business Dictionary: Fulfillment
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Processes necessary to receive, service, and track orders sold via Direct Marketing. There are different types of fulfillment systems depending on the product or service sold, including Subscriptions, book club memberships, Continuities, catalog merchandise, and Fund Raising.

The primary functions of fulfillment systems are: (1) to respond quickly and correctly to an order by delivering the item ordered; (2) to maintain customer records; (3) to send invoices and record payments; (4) to respond to customer inquiries and complaints and resolve problems; and (5) to produce purchase and payment information on an individual customer basis and on a group basis (usually by Source or key code) to aid in developing marketing plans and strategies.

Thesaurus: fulfillment
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also fulfilment

noun

    The condition of being fulfilled: consummation, culmination, fruition, materialization, realization. See do/not do, happy/unhappy.

WordNet: fulfillment
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Note: click on a word meaning below to see its connections and related words.

The noun has 2 meanings:

Meaning #1: a feeling of satisfaction at having achieved your desires
  Synonym: fulfilment

Meaning #2: the act of consummating something (a desire or promise etc)
  Synonym: fulfilment


 
 

 

Copyrights:

Marketing Dictionary. Dictionary of Marketing Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Thesaurus. Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary Copyright © 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.  Read more
WordNet. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.  Read more