personalized pricing — (PUR.sun.uh.lyzd PRY.sing) n. Offering different retail prices to different customers for the same product. Example Citation: Is the day when Internet retailers change their prices based on how badly you want something just around the corner? A… … New words
Personalized marketing — (also called personalization, and sometimes called one to one marketing) is an extreme form of product differentiation. Whereas product differentiation tries to differentiate a product from competing ones, personalization tries to make a unique… … Wikipedia
value-based pricing — n. The practice of charging different prices to different consumers for the same product, based on what that product is worth to each consumer. Example Citation: What exactly is yield management? Essentially, it s value based pricing. A product s … New words
Microsoft Dynamics GP — is a mid market business accounting software or ERP Software package marketed in North and South America, UK and Ireland, the Middle East, Singapore, Australia and New Zealand. It is used in many additional countries with partner supported… … Wikipedia
dynamic commerce — n. The selling of goods and service via negotiated pricing, particularly via online auctions. (Also known as dynamic pricing and, inevitably, dcommerce or d commerce.) Example Citation: Andy Zoldan, vice president of Internet applications at… … New words
Marketing — ad creep advergame advermation advertecture advertorial alpha pup bandit sign barnumize … New words
Amazon — v. To take away business from a more established rival by being the first to build an online presence. Example Citation: Although [Amazon.com CEO Jeff] Bezos emphasizes his obsession with the customer and plays down his concern with rivals, the… … New words
Retail — anchor store BAM battery boutique big box store Black Friday bricks and mortar cash mob checkout line ra … New words
drop your pants — v. To lower the price of a product to close a sale. Example Citation: The Burn Artist is expecting to close a sale of an e shop merchant system. It will be an enterprise wide sale, thousands of seats. He is going to drop his pants from $15… … New words
e-tailer — n. An Internet based retail operation. e tailing n. Example Citations: Yahoo was part of last year s hot Internet play: search engines. Now, if stock peddlers have their way, it s the turn of Internet retailers or e tailers, as they re known.… … New words
self-checkout — (SELF chek.owt) n. A retail system that enables a customer to enter and pay for purchases without the aid of a cashier. adj. Example Citation: Nearly a quarter of all supermarket chains offer self checkout, up from only 6 percent in 1999,… … New words