Logo
Pattern

Discover published sets by community

Explore tens of thousands of sets crafted by our community.

Marketing Terminology

48

Flashcards

0/48

Still learning
StarStarStarStar

Marketing Mix

StarStarStarStar

A combination of factors that can be controlled by a company to influence consumers to purchase its products.

StarStarStarStar

Brand Equity

StarStarStarStar

The value premium that a company generates from a product with a recognizable name when compared to a generic equivalent.

StarStarStarStar

SWOT Analysis

StarStarStarStar

A strategic planning technique used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

StarStarStarStar

B2B Marketing

StarStarStarStar

Stands for Business-to-Business marketing; involves the sale of one company’s product or service to another company.

StarStarStarStar

B2C Marketing

StarStarStarStar

Stands for Business-to-Consumer marketing; involves the sales of goods and services directly to consumers.

StarStarStarStar

Unique Selling Proposition (USP)

StarStarStarStar

A factor that differentiates a product from its competitors, such as the lowest cost, the highest quality, or the first-ever product of its kind.

StarStarStarStar

Target Market

StarStarStarStar

A specific group of consumers at which a company aims its products and services.

StarStarStarStar

Market Penetration

StarStarStarStar

The action or process of a company moving into a new market or increasing their share in an existing market.

StarStarStarStar

Market Segmentation

StarStarStarStar

The process of dividing a market of potential customers into groups or segments, based on different characteristics.

StarStarStarStar

Cost Per Acquisition (CPA)

StarStarStarStar

A marketing metric that measures the aggregate cost to acquire one paying customer on a campaign or channel level.

StarStarStarStar

Click-Through Rate (CTR)

StarStarStarStar

A ratio showing how often people who see your ad or free product listing end up clicking it.

StarStarStarStar

Conversion Rate

StarStarStarStar

The percentage of visitors to a website that complete a desired goal (a conversion) out of the total number of visitors.

StarStarStarStar

Search Engine Optimization (SEO)

StarStarStarStar

The practice of optimizing a website to improve its position in the search engine results pages for certain queries.

StarStarStarStar

Pay-Per-Click (PPC)

StarStarStarStar

An online advertising model in which advertisers are charged a fee each time one of their ads is clicked.

StarStarStarStar

Content Marketing

StarStarStarStar

A marketing strategy used to attract, engage, and retain an audience by creating and sharing relevant articles, videos, podcasts, and other media.

StarStarStarStar

Customer Relationship Management (CRM)

StarStarStarStar

A technology for managing all your company’s relationships and interactions with current and potential customers.

StarStarStarStar

Inbound Marketing

StarStarStarStar

A business methodology that attracts customers by creating valuable content and tailored experiences.

StarStarStarStar

Outbound Marketing

StarStarStarStar

A traditional form of marketing where a company initiates the conversation and sends its message out to an audience.

StarStarStarStar

Return on Investment (ROI)

StarStarStarStar

A measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments.

StarStarStarStar

Key Performance Indicator (KPI)

StarStarStarStar

A type of performance measurement that helps you understand how your organization or department is performing.

StarStarStarStar

Brand Awareness

StarStarStarStar

The extent to which consumers are familiar with the qualities or image of a particular brand of goods or services.

StarStarStarStar

Product Life Cycle

StarStarStarStar

The course of a product’s sales and profits over its lifetime, including the stages of introduction, growth, maturity, and decline.

StarStarStarStar

Market Share

StarStarStarStar

The portion of a market controlled by a particular company or product.

StarStarStarStar

Public Relations (PR)

StarStarStarStar

The practice of managing the spread of information between an individual or an organization and the public.

StarStarStarStar

Sales Funnel

StarStarStarStar

The process that companies use to guide consumers from their initial awareness of a product to the final sale.

StarStarStarStar

Native Advertising

StarStarStarStar

A type of advertising that matches the form and function of the platform upon which it appears.

StarStarStarStar

Affiliate Marketing

StarStarStarStar

An online sales tactic that lets a product owner increase sales by allowing others targeting the same audience—'affiliates'—to earn a commission by recommending the product to others.

StarStarStarStar

Guerilla Marketing

StarStarStarStar

An advertising strategy that focuses on low-cost unconventional marketing tactics that yield maximum results.

StarStarStarStar

Customer Lifetime Value (CLV)

StarStarStarStar

The prediction of the net profit attributed to the entire future relationship with a customer.

StarStarStarStar

Demographics

StarStarStarStar

Statistical data relating to the population and particular groups within it, used often to identify target markets.

StarStarStarStar

Psychographics

StarStarStarStar

The study of consumers based on psychological characteristics and traits such as values, desires, goals, interests, and lifestyle choices.

StarStarStarStar

Influencer Marketing

StarStarStarStar

A form of social media marketing involving endorsements and product placement from influencers, people and organizations who have a purported expert level of knowledge or social influence in their field.

StarStarStarStar

Positioning

StarStarStarStar

The process of establishing the image or identity of a brand or product so that consumers perceive it in a certain way.

StarStarStarStar

Permission Marketing

StarStarStarStar

A non-intrusive marketing approach in which businesses request permission before sending advertisements to prospective customers.

StarStarStarStar

Engagement Rate

StarStarStarStar

A metric that measures the level of engagement that a piece of created content is receiving from an audience. It shows how much people interact with the content.

StarStarStarStar

Viral Marketing

StarStarStarStar

A business strategy that uses existing social networks to promote a product, usually by creating content that encourages people to share it with their friends.

StarStarStarStar

Lead Generation

StarStarStarStar

The initiation of consumer interest or inquiry into products or services of a business.

StarStarStarStar

Churn Rate

StarStarStarStar

The percentage rate at which customers stop subscribing to a service or employees leave a job within a certain time frame.

StarStarStarStar

Brand Loyalty

StarStarStarStar

The tendency of some consumers to continue buying the same brand of goods rather than competing brands.

StarStarStarStar

Above the Line (ATL) Advertising

StarStarStarStar

Advertising that is mass media oriented, and which includes traditional media such as television, radio, newspaper, and billboards.

StarStarStarStar

Below the Line (BTL) Advertising

StarStarStarStar

An advertising strategy in which products are promoted in media other than mainstream radio or television.

StarStarStarStar

Content Curation

StarStarStarStar

The process of gathering information relevant to a particular topic or area of interest, usually to add value to a content marketing strategy.

StarStarStarStar

Direct Marketing

StarStarStarStar

A type of advertising campaign that attempts to initiate a personal relationship with a customer directly or in an interactive manner.

StarStarStarStar

Ambush Marketing

StarStarStarStar

A marketing strategy in which an advertiser 'ambushes' an event to compete for exposure against competing advertisers.

StarStarStarStar

Green Marketing

StarStarStarStar

Promotional activities aimed at taking advantage of the changing consumer attitudes toward a brand that are more ecologically responsible.

StarStarStarStar

Brand Ambassadors

StarStarStarStar

Individuals, often celebrities, who are paid to endorse and promote a product or brand.

StarStarStarStar

Social Proof

StarStarStarStar

A psychological phenomenon where people assume the actions of others in an attempt to reflect correct behavior for a given situation.

StarStarStarStar

Marketing Automation

StarStarStarStar

The technology that manages marketing processes and multifunctional campaigns, across multiple channels, automatically.

Know
0
Still learning
Click to flip
Know
0
Logo

© Hypatia.Tech. 2024 All rights reserved.