More cards in this set

Card 6

Front

The proceess of differentiating a product or service through the name, sign, slogan

Back

Preview of the front of card 6

Card 7

Front

Attempts to pursuade consumers to take action at the point of sale

Back

Preview of the front of card 7

Card 8

Front

The process of communicating with customers

Back

Preview of the front of card 8

Card 9

Front

Short term incentives to pursuade customers to buy a particular product

Back

Preview of the front of card 9

Card 10

Front

Entering a market at a high price to attract early adopters to cover r and d costs

Back

Preview of the front of card 10

Card 11

Front

Below the market price to gain a foothold in an established and competitive market

Back

Preview of the front of card 11

Card 12

Front

A product that can influence the market price

Back

Preview of the front of card 12

Card 13

Front

A firm which sets its prices the same or similar level to those of the dominant firm in the industry

Back

Preview of the front of card 13

Card 14

Front

Products sold at less than cost to attract customers to a product range

Back

Preview of the front of card 14

Card 15

Front

The use of odd number pricing to increase the value for money appeal of a product

Back

Preview of the front of card 15
View more cards