Direct Product Profitability (DDP) Notes: Definitions & Explanations PDF Download
Study Direct Product Profitability (DDP) lecture notes PDF with marketing definitions and explanation to study What is Direct Product Profitability (DDP)?. Study direct product profitability (ddp) explanation with marketing terms to review marketing course for online MBA programs.
Direct Product Profitability (DDP) Definition:
A way of measuring a product's handling costs from the time it reaches the warehouse until a customer buys it in the retail store.
Principles of Marketing by Philip T. Kotler, Gary Armstrong
Direct Product Profitability (DDP) Notes:
Direct product profitability is a technique of calculating product handling cost, it starts when it reaches warehouse till the process end up meeting end users in the retail store. It counts every aspect of cost incurred in product manufacturing includes; raw material, processing, placing of product in storage, record keeping, cross checking, loading of goods, and transportation.
Keep Learning with Marketing Notes
What is Brand Personality?
It is a framework that enables a company form as people can feel about the product or services. Brand personality ...
What is Consumer-to-Consumer (C-to-C) Online Marketing?
Customer to customer ( C2C) market provides an opportunity to consumers to interact with each other, typical market place require ...
What is Business Buyer Behavior?
Business buyer behaviors is considered as a behavior by the organizational employees by making right decision purchase choice for the ...
What is Straight Product Extension?
Straight item expansion means promoting an item in an outside market with no change. Top administration tells its advertising individuals. ...
What are Baby Boomers?
Baby boomers cover the age range of people born in the era of 1946 to 1964, they were considered as ...
What is Hedonic Bias?
Hedonic bias happens when individuals tend to ascribe accomplishment to themselves and inability to outer causes. Epicurean inclination is imperative ...