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4.08
18th Stack
| Term | Definition |
|---|---|
| Activity Reports | Reports requiring salespeople to provide details (such as number of calls made, new accounts opened, displays arranged, dealer sales meetings attended and so on) as a measure of their activity in a given period. |
| Call Reports | Record of salespeople's meetings or contacts with customers. |
| Competitive Advantage | The edge achieved by businesses that offer something better than their competitors. |
| Cookies | Text files that are put on a web-site visitor's hard disk and then later retrieved during subsequent visits to the site in order to track Internet behavior. |
| Database | Computerized storage for information and facts. A virtual storage unit for information. |
| Delphi Technique | A qualitative sales forecasting method that gathers opinions from company executives and from outside experts such as university professors, consultants, or industry analysts. |
| Lost Sales Report | Records why items or orders are cancelled. |
| Marketing-Information Management System | An organized way of continuously gathering, sorting, analyzing, evaluating, and distributing marketing information. |
| Mail Interview | Surveying individuals via the postal service to obtain research data. |
| Niche | The small segment of the total market interested in a subject. |
| Observation | A marketing-research method that gathers data by watching consumers. |
| Personal Interview | A face-to-face conversation in which a researcher surveys an individual to obtain research data. |
| Qualitative Data | Facts and figures based on opinion and personal interpretations. |
| Quantitative Data | Numerical facts and figures. |
| Reliable | Giving the same results every time. |
| Request & Complaint Reports | A record of customers and the product(s) that they requested, along with records of complaints made by complaints. |
| Telephone Interview | Surveying individuals via phone to obtain research data. |
| Valid | Based on fact; relevant. Measuring what the researcher intends to measure. |