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Keywords:
Willingness,
Ability,
Aggregate,
Product,
Need
The prospective customers for a given product or service.
an aggregate of people who, as individuals or in organisations, have a need for certain products and the ability, willingness and authority to purchase such products (200)
A group of people or organisations that share a need for a particular product, and have the willingness and ability to use/pay for it.
the customers for a particular product or service; "before they publish any book they try to determine the size of the market for it"
a group of customers who have the need or desire, the ability, and the authority to purchase a specific product
a group of individuals and/or organizations that have needs for products in a product class and have the ability, willingness, and authority to purchase those products
a mechanism that determines the price of products and services
an aggregate of people, who, as individuals or organizations, have needs for products in a particular class, and who have the ability, willingness and authority to purchase such products
an aggregate of people who need products in a class and have the ability, willingness and authority to purchase them
a population willing to pay a given price for a product that they feel is desirable
a site, not necessarily physical, where offering and plaintiffs put themselves in agreement with with respect to a price, towards this to interchange money or means of payment by a product or service
Because the focus of this competition is market-based strategies for low-income individuals, we are using this term broadly - including for organizations with a social mission - to describe the efforts spent to communicate the benefits of a product or service to clients/ beneficiaries (communication messages, communication channels, promotion and pricing). Most citizen sector organizations use communication as a key strategy to create social change.
Market: A collection of prospects with common needs that can be met by products your product group can develop, your sales team can deliver and your customer services group can support. Markets can be defined by job title, application, industry, geography, etc.
An area of interest for a commercial organization, usually corresponding with the area where a survey is done. See population. A market can also be restricted to a type of product or service, e.g. the musical-instrument market in Australia.
All potential customers for a particular type of product or service.
Drugs / products / compounds that have been approved and are currently "on the market" for use.
a specific group of people who have needs to satisfy and the ability to pay (purchasing power).
A specific sector who, as individuals or as organisations, have a need for certain products and the ability to purchase such products.
All potential customers who share common needs and wants, and who have the ability and willingness to buy the product.
Under UK and EU law, businesses who are in a dominant position in a particular market must be careful to avoid accusations that they are abusing that dominant position. "Dominant" under EU law (Article 86 of the Treaty of Rome) means being able to act without having to consider competitors and customers. Under UK laws such consideration may apply where more than 25% of a market is controlled and group turnover is over £5 million. Market is a complex subject and defining what the market is in any particular case depends on issues such as consumer choice, product use and other considerations. "Abuse" is non-exhaustively defined under EU law to cover unfair terms, limitations, discriminatory terms, tie-ins and refusals to supply. Similar practices are likely to fall foul of UK law.
To network with others for increased exposure. To promote one's business or product.
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