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Personality

Personality consists of the unique psychological characteristics that lead to relatively constant and enduring responses to the environment by each individual. It is an internal factor that...

Personal Selling

Personal Selling is the personal presentation of a product or service by a company's sales team in order to make sales and build long-term relationships with customers. It is the most expensive, but...

New Product

A new product is a good, service, or idea that some potential customers perceive as new. The definition is subjective and focuses on consumer perception rather than objective technical changes. A...

needs

Needs (Needs) are the basic state of lack that forms the basis of human behavior. They are the forms that human needs take under the influence of culture and individual characteristics. Needs can be...

Motive (Drive)

A Motive (or Drive) is a need that is urgent enough to compel a person to seek a way to satisfy it. When a need reaches a high enough level of intensity, it becomes a motive. Motivation is the...

Online Marketing Research

Online marketing research involves the use of Internet-based tools and methods to collect primary data. This type of research may include online surveys, online focus groups, web experiments, or...

Online Focus Group

An online focus group is a marketing research method that involves bringing together a small group of people online (via chat rooms, video conferencing, or dedicated platforms) with a trained...

Market-penetration Pricing

Penetration pricing is a strategy in which a new product is priced low in order to attract a large number of buyers and quickly gain a large market share. This strategy is effective when the market...

New Task

A New Task is a business purchase situation in which a consumer is purchasing a product or service for the first time. Due to the lack of experience, this type of purchase requires the most in-depth...