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Perceived risk

A functional or psychosocial risk a consumer feels he/she is taking when purchasing a product.

Percent-of-sales method

Method of determining the advertising budget based on an analysis of past sales, as well as a forecast for future sales.

Personal selling

Sales made through a medium of face-to-face communication, personal correspondence, or personal telephone conversation, etc.

Personalize

To add a name or other personal information about the recipient on direct mail advertising.

Persons using television (PUT)

A percentage of all persons in a certain viewing area that are viewing television during a specific amount of time.