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		<title>YOUR MARKETING GLOSSARY</title>
		<link>http://nationalmarketingdirectory.com/your-marketing-glossary/</link>
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		<pubDate>Thu, 18 Nov 2010 00:06:56 +0000</pubDate>
		<dc:creator><![CDATA[admin]]></dc:creator>
				<category><![CDATA[Marketing Tips]]></category>
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		<category><![CDATA[Marketing Definitions]]></category>
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		<description><![CDATA[Complete Marketing Glossary and Marketing Definitions For Your Marketing Planning]]></description>
				<content:encoded><![CDATA[<h1><span style="font-size: medium;"><strong>Complete Marketing Glossary and Marketing Definitions</strong></span></h1>
<dt><strong>Account Manager</strong></dt>
<dd>Vendor representative in charge of specific customers or partners.</dd>
<dt><strong>Affiliate</strong></dt>
<dd>A website that will drive traffic to another site for a percentage of sales.</dd>
<dt><strong>Affinity Marketing</strong></dt>
<dd>Marketing targeted at individuals sharing common interests related to a product. Also, a campaign jointly sponsored different organisations.</dd>
<dt><strong>Attribute</strong></dt>
<dd>Characteristic, peculiarity, or distinctive feature of a product.</dd>
<dt><strong>Banner</strong></dt>
<dd>An ad on a Web page that is usually linked to the advertiser&#8217;s site.</dd>
<dt><strong>B2B</strong></dt>
<dd>B2B is an acronym for &#8220;business-to-business&#8221; referring to commerce between businesses. Most commonly used in connection with e-commerce and advertising, when you are targeting businesses as opposed to consumers.</dd>
<dt><strong>Brand</strong></dt>
<dd>A name, term, sign or symbol used for identification and recognition purposes of products or services. Both a physical and emotional trigger to create a relationship between consumers and the product or service.</dd>
<dt><strong>Brand Attributes</strong></dt>
<dd>Functional or emotional associations that are assigned to a brand by its customers and prospects. Brand attributes can be either negative or positive and can have varying degrees of relevance and importance to different customer segments.</dd>
<dt><strong>Brand Equity</strong></dt>
<dd>The value &#8211; both tangible and intangible that a brand adds to a product/service.</dd>
<dt><strong>Brand Extension</strong></dt>
<dd>Using an existing brand for new products or services.</dd>
<dt><strong>Brand Loyalty</strong></dt>
<dd>The strength of preference for a brand compared to other similar available options. Often measured in terms of purchase behavior or price sensitivity.</dd>
<dt><strong>Brand Management</strong></dt>
<dd>The process of managing an organisationA533;s brands in order to increase long-term brand equity.</dd>
<dt><strong>Brand Positioning</strong></dt>
<dd>The space a brand is perceived to occupy; the part of the brand identity that is to be actively communicated in a way that meaningfully sets it apart from the competition.</dd>
<dt><strong>Brand Repositioning</strong></dt>
<dd>Effort to change common perception of a brand.</dd>
<dt><strong>Broadcasting</strong></dt>
<dd>Delivering content through radio or television to a &#8220;broad&#8221; audience&#8221; over the airwaves. See &#8220;Narrowcasting&#8221;.</dd>
<dt><strong>Business to Business (B2B)</strong></dt>
<dd>Sales focused on business customers, either for internal use or resale.</dd>
<dt><strong>Business to Consumer (B2C)</strong></dt>
<dd>Sales focused on consumers, typically for personal consumption.</dd>
<dt><strong>Buzz</strong></dt>
<dd>&#8220;Word-of-mouth&#8221; marketing, where product information is communicated by consumers.</dd>
<dt><strong>Call Center</strong></dt>
<dd>The word for an inbound telephone division in a company. The operators are called Agents. The call center uses an ACD (automatic call distributor) to manage the calls efficiently.</dd>
<dt><strong>Call to Action</strong></dt>
<dd>Whatever you want your customer to do through a given marketing effort. Some examples would include purchasing a product, signing up for your service, filling out a form, etc.</dd>
<dt><strong>Churning</strong></dt>
<dd>The practice of customers switching to another supplier based on special discount offers.</dd>
<dt><strong>Click-through</strong></dt>
<dd>The percentage of ad views on a Web page that resulted in an ad click.</dd>
<dt><strong>Competitive Advantage</strong></dt>
<dd>The product, proposition or benefit that puts a company ahead of its competitors.</dd>
<dt><strong>Cost Per Thousand (CPM)</strong></dt>
<dd>Standard measurement for determining the cost effectiveness for advertising, by comparing the cost to impressions for a target audience.</dd>
<dt><strong>CRM</strong></dt>
<dd>Acronym for Customer Relationship Management, which is also applied to Customer Relationship Management software. CRM entails all aspects of interaction a company has with its customer, whether it be sales or service related.</dd>
<dt><strong>Cross-Sell</strong></dt>
<dd>Encouraging customers to buy products from other departments or categories.</dd>
<dt><strong>Customer Lifetime Value (CLV)</strong></dt>
<dd>Profitability of a customer during the lifetime of the relationship, as opposed to profitability of one transaction.</dd>
<dt><strong>Customer Service</strong></dt>
<dd>Process designed for assuring customers a positive buying experience. When executed correctly, it can improve customer loyalty, increase cross-selling, and promote positive word-of-mouth.</dd>
<dt><strong>Data-mining</strong></dt>
<dd>Using technology to break down information, often used to aid forecasting and prediction of marketing data.</dd>
<dt><strong>Decision Makers</strong></dt>
<dd>In business-to-business, executives who have the authority to make or influence a purchase. Also known as Business Decision Maker (BDM).</dd>
<dt><strong>Demographics</strong></dt>
<dd>Statisitcs that describe characteristics of a population (e.g., sex, race, age, geographic location)</dd>
<dt><strong>Differentiation</strong></dt>
<dd>Identification, definition, and communication of a product&#8217;s uniqure selling proposition or USP. See &#8220;Uniqure Selling Proposition&#8221;.</dd>
<dt><strong>Direct Marketing</strong></dt>
<dd>All activities which make it possible to offer goods or services or to transmit other messages to a segment of the population by post, telephone, e-mail or other direct means.</dd>
<dt><strong>E-Commerce/E-Marketing</strong></dt>
<dd>Sales or marketing conducted through the Internet.</dd>
<dt><strong>Frequency</strong></dt>
<dd>Amount of exposure your target market has to your marketing message, or how many times someone buys a product.</dd>
<dt><strong>Focus Group</strong></dt>
<dd>Study of a cross section of people used to predict response to a product or service. Often conducted with group of customers who are assembled together in a conference room to discuss a particular product.</dd>
<dt><strong>Four M&#8217;s</strong></dt>
<dd>Money, Material, Machine and Manpower. Business resources referenced in a marketing plan.</dd>
<dt><strong>Four P&#8217;s</strong></dt>
<dd>Product, Price, Placement and Promotion. The basic foundational elements of traditional marketing.</dd>
<dt><strong>Impressions</strong></dt>
<dd>Every exposure to an advertising message is an &#8220;impression.&#8221;</dd>
<dt><strong>Influentials</strong></dt>
<dd>People who can influence buying habits of others.</dd>
<dt><strong>Integrated Marketing Communications</strong></dt>
<dd>This is a concept of marketing communications that recognizes the added value of assuring that all communication vehicles (including sales force, customer services, and any other employees who have customer contact) portray a clear and consistent message about the company, business, or product that follows and illustrates the company&#8217;s vision and mission.</dd>
<dt><strong>Lead</strong></dt>
<dd>A prospect who has responded is called a Lead.</dd>
<dt><strong>Mailing list</strong></dt>
<dd>A list of customers or prospects used to mail catalogs or sale announcements. It is not a marketing database because it does not provide for a two-way communication with customers.</dd>
<dt><strong>Marketing Communications</strong></dt>
<dd>All methods used by a firm to communicate with its customers and prospective customers.</dd>
<dt><strong>Marketing Metrics</strong></dt>
<dd>Measurements that help with the quantification of marketing performance, such as market share, advertising spend, and response rates elicited by advertising and direct marketing.</dd>
<dt><strong>Marketing Mix</strong></dt>
<dd>Variety of the elements in marketing efforts. Can iclude details such as pricing, product features, packaging, advertising, merchandising, distribution, and budget.</dd>
<dt><strong>Market Penetration</strong></dt>
<dd>The percentage of actual customers as compared with the total number selected as the market.</dd>
<dt><strong>Market position</strong></dt>
<dd>The perception of a product or an organisation from the view of the consumer.</dd>
<dt><strong>Mass Marketing</strong></dt>
<dd>Selling to everyone through mass media such as radio, TV, or a newspaper, as opposed to database marketing which is aimed at a small selected audience.</dd>
<dt><strong>Narrowcasting</strong></dt>
<dd>Delivering targeted content over a broadcasting system, but directed to audiences with special or &#8220;narrow&#8221; interests. See &#8220;Broadcasting&#8221;.</dd>
<dt><strong>Newsgroup</strong></dt>
<dd>Internet discussion group devoted to talking about a specific topic.</dd>
<dt><strong>Niche Marketing</strong></dt>
<dd>The process of concentrating your resources and efforts on one particular segment.</dd>
<dt><strong>Opt-in</strong></dt>
<dd>Opt-in email lists are lists where Internet users have voluntarily signed up to receive commercial e-mail about topics of interest.</dd>
<dt><strong>Page Views</strong></dt>
<dd>Number of times a user requests a Web page. Indicative of the number of times an ad was potentially seen, or &#8220;gross impressions.&#8221; May overstate ad impressions if users choose to turn off graphics.</dd>
<dt><strong>Packaging</strong></dt>
<dd>Material used to protect goods, and used as an opportunity to present the brand and logo.</dd>
<dt><strong>Peer to Peer (P2P) Marketing</strong></dt>
<dd>Technique of encouraging customers to promote a product person-to-person (peer-to-peer) on the Internet. See also &#8220;Word of Mouth&#8221;.</dd>
<dt><strong>Personalization</strong></dt>
<dd>The process of including personal references in marketing efforts, such as a Web site or a letter.</dd>
<dt><strong>POS</strong></dt>
<dd>Point of Sale. A cash register.</dd>
<dt><strong>Positioning</strong></dt>
<dd>Marketing efforts aimed at defining a product or company in the consumer&#8217;s mind.</dd>
<dt><strong>Product Life Cycle</strong></dt>
<dd>The five stages of a product&#8217;s life include:<br />
1. Introduction, during which costs typically exceed revenue.<br />
2. Growth, during which sales rapidly increase.<br />
3. Maturity, during which there is more competition, pricing tends to decline, and product loyalty is emphasized in advertising.<br />
4. Saturation, during which sales slow and advertising strategy shifts to reinforcement.<br />
5. Decline, at which point the market has shrunk and advertising and distribution costs are cut drastically to reduce losses</dd>
<dt><strong>Product Placement</strong></dt>
<dd>Use of a product or service within a television show or film.</dd>
<dt><strong>Promotional Mix</strong></dt>
<dd>Components of a promotional campaign, including advertising, public relations, direct marketing, packaging, and sales promotion.</dd>
<dt><strong>Prospect</strong></dt>
<dd>A potential customer who you have targeted.</dd>
<dt><strong>Pull Promotion</strong></dt>
<dd>Promotion that addresses the customer directly, intended to get them to demand the product, and &#8220;pull&#8221; through the distribution chain.</dd>
<dt><strong>Push Promotion</strong></dt>
<dd>Promotion relies on the next link in the channel &#8211; e.g. a wholesaler or retailer &#8211; to &#8220;push&#8221; products to the customer.</dd>
<dt><strong>Reach</strong></dt>
<dd>Total number of individual prospects exposed to your message.</dd>
<dt><strong>Relationship Marketing</strong></dt>
<dd>Strategy of establishing a relationship with a customer that lasts beyond the initial purchase.</dd>
<dt><strong>Response Rate</strong></dt>
<dd>The percentage of people who responded to your offer. A typical direct mail response rate to prospects is 2%.</dd>
<dt><strong>Retention</strong></dt>
<dd>The tendency to keep customers buying. Success is measured by retention of customers.</dd>
<dt><strong>Rich Media</strong></dt>
<dd>Rich media is a term for advanced technology used in Internet ads, such as streaming video, applets that allow user interaction, and special effects.</dd>
<dt><strong>SMB</strong></dt>
<dd>Acronym for Small to Medium Business. Also known as SME, for Small to Medium Enterprise.</dd>
<dt><strong>Segmentation</strong></dt>
<dd>The process of dividing a market into groups that display similar behaviour and characteristics.</dd>
<dt><strong>Spin</strong></dt>
<dd>The attempt to manipulate the depiction of news or events in the media through artful public relations &#8211; often used with derogatory connotations.</dd>
<dt><strong>Splash Page</strong></dt>
<dd>Also known as a &#8220;jump page,&#8221; a Web page set up for visitors who clicked on a link in an advertisement. Can be used to promote special offers or to measure the response to an advertisement.</dd>
<dt><strong>SWOT Analysis</strong></dt>
<dd>Analysis method which examines Strengths, Weaknesses, Opportunities and Threats. Often used as part of a marketing plan.</dd>
<dt><strong>Targeting</strong></dt>
<dd>Selection of specific market segments for a campaign.</dd>
<dt><strong>Telemarketing</strong></dt>
<dd>Talking on the telephone to prospects or customers. Inbound telemarketing is usually customers or prospects calling your toll free number. Outbound telemarketing is when you place the call to a prospect or customer. Telemarketing can be done by your in-house staff or by an external telemarketing company.</dd>
<dt><strong>Unique Selling Propostion (USP)</strong></dt>
<dd>Product features or benefits that cannot be claimed by the competition.</dd>
<dt><strong>Up-Sell</strong></dt>
<dd>Prompting customers to buy upgraded products when they had intended to buy something of lower value.</dd>
<dt><strong>Value Proposition</strong></dt>
<dd>The functional, emotional, and self-expressive benefits delivered by product, service, or brand, that provide value to the customer, and the rationale for making one brand choice over another.</dd>
<dt><strong>Word of Mouth</strong></dt>
<dd>Spread of information through human interaction alone.</dd>
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		<title>The Secrets To Email Marketing Success</title>
		<link>http://nationalmarketingdirectory.com/the-secrets-to-email-marketing-success/</link>
		<comments>http://nationalmarketingdirectory.com/the-secrets-to-email-marketing-success/#comments</comments>
		<pubDate>Wed, 17 Nov 2010 23:29:19 +0000</pubDate>
		<dc:creator><![CDATA[admin]]></dc:creator>
				<category><![CDATA[Marketing Tips]]></category>
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		<guid isPermaLink="false">http://nationalmarketingdirectory.com/2010/11/the-secrets-to-email-marketing-success/</guid>
		<description><![CDATA[Discover nine ways to get your own emails opened and read so that your recipients will be enticed to take action.]]></description>
				<content:encoded><![CDATA[<div class="Content">
<h1><span style="font-size: medium;">Nine Secrets To Email Marketing Success</span></h1>
<p>Admit it.&nbsp; The key you utilize the most when going through your email is the <strong>delete key.</strong> &nbsp;First, you start deleting all of the email from senders you don&rsquo;t recognize.&nbsp; Next, you delete the email you know you&rsquo;ll never read. &nbsp;Finally, you read the emails that grab your attention.</p>
<p>So, is it the <em><strong>sender&rsquo;s name, URL or subject line </strong></em>that grabs your attention? &nbsp;<br />
Often, it&rsquo;s that and more.&nbsp; </p>
<p>Read on to discover nine ways to get <em>your</em> own <strong>emails opened and read </strong>so that your recipients will be enticed to take action.</p>
<ol>
<li>Be consistent with your &ldquo;<strong>From Field</strong>&rdquo; so your recipients see exactly from whom the email is coming. &nbsp;Setup your name, company or brand name in your email management program by referring to your help guide for setup instructions.</li>
<li>Ask your recipients to<strong> white list your email address</strong> to avoid your emails being blocked or routed to their spam folders.</li>
<li><strong>Always stuff your emails with value.</strong> Your recipients will gladly open them because they will expect something interesting.</li>
<li><strong>Be creative with your Subject Lines.</strong> &nbsp;Create curiosity. &nbsp;For example: &nbsp;&ldquo;They don&#8217;t want YOU to know!&rdquo; creates more curiosity than &ldquo;The marketing experts don&rsquo;t want you to know.&rdquo;</li>
<li><strong>Test your subject lines on small segments of your lists. </strong>&nbsp;One subject line will always get a higher open rate than another. &nbsp;Use the best one to email to others on your list.</li>
<li><strong>Be careful to avoid list rot. &nbsp;</strong>People change email addresses, get new spam filters and lose interest because of your lack of contact or old content.</li>
<li><strong>Email once a month at minimum. </strong>&nbsp;Most marketers simply do not email often enough. &nbsp;</li>
<li><strong>Surprise your email readers every so often with something completely new. </strong>&nbsp;Make your emails fun so your recipients will want to open them.</li>
<li><strong>Always ask for some action on the reader&rsquo;s part. </strong>&nbsp;Get your recipients to do something like clicking on a link to your website or blog.</li>
</ol>
<p>If you&rsquo;re not totally convinced that these tips can pay off, let these email marketing stats marinate a bit:</p>
<ul type="disc">
<li>35% of email users open messages because of the subject line content (Juniper Research, 2007)</li>
<li>17% of Americans create a new email address every six months&nbsp; (Juniper Research, 2007)</li>
<li>Those who buy products marketed through email spend 138% more than non-readers of email (Forrester Research, 2008)</li>
</ul>
<p><strong>Email marketing can really pay off by focusing on the right elements.</strong>&nbsp; By <em>always</em> delivering valuable information to your readers, you&rsquo;ll rarely have to worry if you&rsquo;ll get a favorable response.</p>
</div>
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