Terms
| Term | Definition |
|---|---|
| Micro-Marketing (also Customized Marketing) |
A target marketing strategy that attempts to appeal to specific targeted customers with individualized marketing programs. |
| Minor New Purchase Decision |
Type of consumer purchase decision that involves the purchase of something new to a consumer but in the customer ’s mind is not a very important purchase in terms of need, money or other reason. |
| Minor Re-Purchase Decision | |
| Missionary Selling (also Product Detailing) |
A sub-category of the order influencer sales classification in which salespeople make sales calls to those who influence others, through advice or requirements, to make purchases the most common of which are found in the pharmaceutical and higher education textbook industries. |
| Modified Re-Purchase |
A type of business purchase decision in which a buyer, who previously gave little consideration for alternatives when purchasing a certain type of product, has now decided to consider other options thus increasing the chances of purchasing from a new supplier. |
| Mom-and-Pop Retailer | |
| Motivation |
A component of the internal influences on consumer buying behavior that represents the strength of a persons desire to achieve a certain outcome. |
| MSRP - Manufacturer’s Suggested Retail Price | |
| Multi-Channel System (also Hybrid System) |
A distribution design where a marketer uses a combination of direct and indirect distribution systems. |
| Multiple Lines Specialty Merchandisers | |
| Multiple-Party Selling System |
An indirect distribution system where the marketer involves two or more resellers who aid in selling and distributing to the final customer. |
| New Business Development |
A sub-category of the order getter sales classification in which salespeople locate and sell to new customers then once a sale is made pass this customers on to others in their organization who handle account maintenance. |
| New Task Purchase |
A type of business purchase decision faced by buyers considering an important purchase but one the buyer has never or rarely made before and, consequently, will devote considerable time evaluating alternatives. |
| Niche Marketing (also Concentrated Marketing) |
A target marketing strategy that uses a single marketing strategy to appeal to one or more small sub-segments within a larger market segment. |
| Non-Store Retailers |




