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KEY MARKETING TERMS

UNDERSTANDING MARKETING

Term
Definition
Click-Through:
The action of a user clicking on a digital advert or link to reach a specific destination.
Cohort:
A group of users who share a common characteristic, such as signing up in the same week, often used for analysis.
Competitive Analysis:
The process of identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to your own.
Content Marketing:
Creating and sharing valuable, relevant online material (such as videos, blogs, and social media posts) that does not explicitly promote a brand but is intended to stimulate interest in its products or services.
Conversion:
The point at which a recipient of a marketing message performs a desired action, such as making a purchase or filling out a form.
Copywriting:
The art and science of writing text (copy) for the purpose of advertising or other forms of marketing.
Cross-sell:
A sales technique used to encourage a customer to buy a related or complementary product. For example, selling a phone case to someone buying a new phone.
Customer Journey:
The complete sum of experiences that customers go through when interacting with your company and brand.
Dashboard:
A tool used to visualise important marketing data and track performance metrics in one easy-to-read place.
Demo:
A demonstration of a product or service to a prospective customer to show how it works and what it can do for them.
Drip Campaign:
A series of automated emails sent to a specific group of people over time, designed to nurture them towards a specific action.
Ebook:
A digital book (longer than a blog post) that is used as a marketing tool to provide in-depth information on a topic and generate leads.
Email Marketing:
The use of email to promote products or services while developing relationships with potential customers or clients.
Engagement Rate:
A metric that measures the amount of interaction (likes, comments, shares) that a piece of content receives relative to its reach or audience size.
Event Marketing:
The process of developing a themed exhibit, display, or presentation to promote a product, service, cause, or organisation.
Freemium:
A pricing strategy where a company offers a basic version of its product or service for free, with charges for advanced or premium features.
Funnel (Marketing Funnel):
A model illustrating the theoretical customer journey from the moment of first awareness through to purchase and advocacy.
Go-to-Market (GTM) Strategy:
An action plan that specifies how a company will reach target customers and achieve competitive advantage when launching a new product or entering a new market.
Hashtag:
A word or phrase preceded by a hash sign (#), used on social media to identify messages on a specific topic.
Heatmap:
A graphical representation of data where values are depicted by colour, often used on websites to show where users click and scroll the most.
Homepage:
The main or introductory page of a website.
Impressions:
The total number of times a piece of content, like an advert or a social media post, is displayed on a screen.
Influencer Marketing:
A type of social media marketing that uses endorsements and product mentions from individuals who have a dedicated social following and are viewed as experts within their niche.
KPI (Key Performance Indicator):
A measurable value that demonstrates how effectively a company is achieving key business objectives.
Keywords:
The words and phrases that people type into search engines to find information, which SEO and SEM campaigns target.

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