Segmentation, Targeting, and Test Marketing Flashcards

1
Q

prototype

A

early version of product; for learning not sale

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2
Q

minimum viable product

A

earliest, least sophisticated version of the product that is still acceptable and salable

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3
Q

alpha testing

A

by company personnel

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4
Q

beta testing

A

by prospective customers

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5
Q

technology push

A

driven by interesting new technology rather than
verified customer need

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6
Q

manufacturer price

A

the price at which the manufacturer will sell to retailers

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7
Q

target cost

A

the desired cost to produce one unit of a product

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8
Q

net promoter score

A

How likely is it that you would recommend our
company to a friend or colleague?; promoters-detractors

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