Shared Flashcard Set

Details

Chapter 6
N/A
12
Marketing
Undergraduate 1
10/16/2011

Additional Marketing Flashcards

 


 

Cards

Term

 

 

Single-Channel Retailing

Definition





A distribution approach whereby a retailer sells to


consumers through one retail format.

Term

 

 

 

Multi-Channel Retailing

Definition




Approach whereby a retailer sells to consumers


through multiple retail formats.

Term

 

 

Nonstore Retailing

Definition




Utilizes strategy mixes that are not store-based to reach


consumers and complete transactions. It occurs via direct


marketing, direct selling, and vending machines.

Term

 

 

Direct Marketing

Definition


Form of retailing in which a customer is first exposed to a


good or service through a nonpersonal medium and then


orders by mail, phone, or fax - and increasingly by


computer.

Term

 

 

Data-Based Retailing

Definition





Way to collect, store, and use relevant information on


customers.

Term

 

 

Specialog

Definition



Enables a retailer to cater to the specific needs of customer


segments, emphasize a limited number of items, and


reduce catalog production and postage costs.

Term

 

 

Infomercial

Definition

Program-length TV commercial (most often, 30 minutes in


length) for a specific good or service that airs on cable


television or on broadcast television, often at a fringe time.


It is particularly worthwhile for products that benefit from


visual demonstrations.

Term

 

 

Direct Selling

Definition




Includes both personal contact with consumers in their


homes (and other nonstore locations such as offices) and


phone solicitations initiated by a retailer.

Term

 

 

Vending Machine

Definition



Format involving the cash- or card-operated dispensing of


goods and services. It eliminates the use of sales personnel


and allows around-the-clock sales.

Term

 

 

Internet

Definition



Global electronic superhighway of computer networks that


use a common protocol and that are linked by


telecommunications lines and satellite.

Term

 

 

World Wide Web

Definition




Way of accessing the Internet, whereby people work with


easy-to-use Web addresses and pages. Users see words,


colorful charts, pictures, and video, and hear audio.

Term

 

 

Video Kiosk

Definition

Freestanding, interactive, electronic computer terminal

that displays products and related information on a

video screen; it often uses a touchscreen for consumers

to make selections.
 
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