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Sometimes marketing lingo can be confusing and hard to understand. Here is a glossary of marketing terms to help you navigate the marketing world.
B2B (Business-to-Business) – used to describe marketing for products and services whose primary customers are other businesses. Example - Home Advisor and Angieslist sell their services directly to businesses, not individuals; Comcast and American Express have products they sell to consumers and ones they sell to businesses, each with different campaigns and messages. B2B marketing may use the same tools and tactics as those directly to individual consumers.
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- B2C (Business to Consumer) - describes marketing campaigns that promote products or services to individual consumers. Your local plumber, Walmart, Adidas, and Burger King are all B2C marketers.
- Backlinks – Backlinks are links from outside domains that point to pages on your domain, essentially linking back from their domain to yours.
- Benchmarking – a point of reference comparison or measurement on some standards or metrics, often used versus similar organizations to yours.
- Blogging - Short for either web log or weblog. A blog for a business is typically helpful information about their industry or field, customer feedback, updates, and product or service information. They can include e-books, diagrams, charts, etc...Blogs are very useful in marketing because they help with material to post for ads, copy on the website rich with keywords, and can help increase your domain authority. It does not, however, do your taxes.
- Body copy – the main text in a piece of content, which provides details, benefits, features, or other necessary information; more detailed and more prolonged than headlines or subheads. Refer to the text in a blog post, a paid ad, a flyer, or any other text-based marketing piece.
- Bounce Rate – percent of visitors to your website who navigate away from that page after viewing only that page.
- Brand - A brand is a name, term, design, symbol, or any other feature that identifies one seller’s product or service as unique as opposed to other sellers.
- Buyer Persona - A buyer persona is a detailed description of someone representing your target audience. This persona is fictional but based on deep research of your existing or desired audience.
- B-Roll – film or video footage that is not part of the original or main script or shooting plan or doesn’t feature whoever is talking on-camera; often used to give context, sense of place or surroundings, actions, crowds, or visual information while a narrator or voice-over gives additional info; b-rolls ‘shows, not tells.’
- Byline – the ‘about the author’ information, often at the end of an article or blog post – especially on sites other than yours. Contains a link back to your website or a call-to-action link for readers.
- SEM (Search Engine Marketing) – paid search result placements or ads; sometimes refers to all search-marketing activities, paid and organic search efforts.
- SEO (Search Engine Optimization) – Simply put, it means improving your site's visibility when people search for products or services related to your business on Google, Bing, and other search engines. The better your pages' visibility in search results, the more likely you are to garner attention and attract prospective and existing customers to your business.
- Segmentation – Dividing an entire geographic, behavior, interest base, or entire market into more specific, distinct subsets of potential customers who are likely to have the same interests, demographics, behaviors, or needs; each segment might get its marketing strategy or different plan and set of tactics or campaigns; segmentation reflects that not all customers are alike and can’t be reached or engaged with same media or message; segmenting makes marketing more efficient and effective.
- Seven Ps – Product/Service, Price, Place, Promotion.
- Product : the service that satisfies customer demand and all its features and benefits
- Price: what a customer exchanges for the product – setting or changing price is part of the overall business and marketing strategy; for nonprofits, this might include a membership fee, prices on items sold for fundraising, the time or resources given up in exchange for a service, the action requested by a cause, the other ‘costs’ for using a service or attending an event.
- Place: how and where the user/customer gets the product; marketing via changes in Place might include adding a new location, increasing hours, adding a kiosk at the seasonal location, taking services to the community, live-streaming an in-person event, or changing your website, adding a donation button online.
- Promotion: the methods of communication to a user about the product and its price and place. Examples- tactics; advertising, public relations, sales, sales promotions, etc.
- Physical evidence: the tangible aspects of a business that customers can see, touch or feel. It includes the store's layout, product displays, packaging, signage, uniforms or dress code of employees, and even the cleanliness of the store or website design. Providing a clean and organized store, an easy-to-navigate website, and aesthetically pleasing product packaging are all examples of how businesses can enhance their physical evidence to create a positive impression on their customers. Offering customer testimonials, awards or certifications, and high-quality product photos can also improve a company's physical evidence and build trust with potential customers.
- People: the staff members who interact with customers and represent the business. Well-trained and friendly employees can significantly impact a customer's experience and perception of a company. Their behavior, attitude, and communication skills can directly impact customer satisfaction and loyalty. Businesses that invest in their employees' training and development are more likely to have satisfied customers.
- Process: systems or repetitive steps used to complete a service that affects delivering service.
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- Social Media Management - Social media management is the process of analyzing social media audiences and developing a strategy that’s tailored to them, creating and distributing content for social media profiles, monitoring online conversations, collaborating with influencers, providing community service, and monitoring, measuring, and reporting on social media performance and ROI.
- Social Proof – refers to the psychological phenomenon that people will take recommendations and advice from others on how to act or think in a situation or what to do or buy. We are even likely to let the recommendations of strangers influence decisions over no bids. People tend to think, ‘If others are sharing something, it must be good,’ or ‘If others are buying this item, it has to check out this podcast with the definition and description.
- SMM (Social Media Marketing) – tactics as part of an overall marketing strategy or plan that uses social media platforms to build interest and awareness of an organization or brand and to increase web traffic to the org’s site.
- Split Testing (A/B Testing) – a method of using online tools or platforms to conduct a controlled test over marketing variables – such as email subject lines, website headers, opt-in offers, landing pages, variations in copy, the color +/or text on a Call to Action button, ads, etc. Any time you pit two variations against each other, measure for clicks, completions, opt-ins, purchases, or other desired actions. Your base/original is the Control (A), and the version with slight variation is the Test (B). Don’t change too much between A and B, or you won’t know what caused a difference in action.
- Strategy – the statement, plan, or essential structure for how your organization aims to meet its marketing goals; strategy gives direction and purpose and helps make decisions on what tactics to use or not; strategy identifies the market, target audience, any subsegments, your brand positioning, your unique value statement, the specific goals and milestones to measure by, the particular marketing mix tactics you will use and your budget, time and resources as well as money.
- Style Guide – a resource to document and standardize aspects of branding, communication, design, and marketing by an org; style guides help when an org has multiple members involved in graphic design, content creation, or creation of marketing materials to keep things consistent; it might include preferred abbreviations, spelling (is it ebook or e-book, “white paper” or “white-paper” or “whitepaper’), punctuation, or other grammar rules as well as how to use the logo, brand colors, brand fonts, image preferences, the corporate or organizational ‘vernacular’ or tone of voice; give visual examples of what to do, or not do.
- Sub-head, sub-headline – the smaller headlines through your content, dividing it into easier-to-read chunks or sections. On a web page, these are often ‘header 2’ or ‘header 3’ or higher: smaller font sizes, less emphasis than a headline, and more than body text.