Marketing

Terms used to reach customers and communicate products.

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18 terms


A/B testing
Comparing two versions of something with separate groups to measure which better achieves a defined outcome.

B2B
Business-to-business: products, services or transactions aimed at other businesses.

CMS
Content management system: software for creating, organizing and publishing digital content.
Conversion rate
The percentage of a defined audience that completes a desired action, such as store visitors making a purchase.
Customer segmentation
Grouping people by relevant characteristics or behavior to make communication and service more appropriate.

DAM
Digital asset management: organizing, storing and controlling access to files such as product photographs, videos and artwork.

Go-to-market
The plan for introducing a product or service to its intended customers, including channels, pricing and communication.

Omnichannel
Coordinating stores, websites and other sales channels so customers can move between them during a purchase or service request.

Paid media
Advertising space or distribution purchased by a brand, including paid search and social advertising.
PIM
Product information management: maintaining consistent product details for use across sales channels and other systems.
POSM
Point-of-sale materials: displays and promotional materials used where products are sold.
PR
Public relations: managing communication and relationships with the media and other public audiences.

ROI
Return on investment: a measure comparing the return from an investment with its cost.

SEO
Search engine optimization: improving a website so search engines can understand it and people can find it through unpaid results.
Social selling
Using social networks to build customer relationships and support sales conversations.

Trade marketing
Marketing activity with retailers and distributors to support a product's visibility and sales through their channels.

UX
User experience: how people experience using a product or service, including its usefulness and ease of use.

Virtual selling
Advising and selling to customers remotely through video, messaging or other digital contact.

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