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Nwibo Oluchi
18 hours ago

Define marketing terms.

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ChatGPT
18 hours ago
Marketing terms are specific words or phrases used in the field of marketing to describe concepts, strategies, tactics, and activities related to promoting and selling products or services. These terms help marketers communicate effectively with each other and with their target audience. Some common marketing terms include branding, target market, market segmentation, advertising, public relations, and social media marketing.
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Google Gemini AI
18 hours ago
Target Market: A specific group of consumers that a company aims its marketing efforts towards.

Market Segmentation: The process of dividing a broad target market into smaller, more manageable groups based on shared characteristics or needs.

Value Proposition: The unique benefits and value that a product or service offers to customers, differentiating it from competitors.

Brand: A name, term, sign, symbol, or design that identifies a product or service and distinguishes it from competitors.

Branding: The process of creating, developing, and maintaining a brand's image and reputation.

Marketing Mix (4Ps): The four key elements that can be adjusted to influence marketing outcomes: Product, Price, Promotion, and Place.

- Product: The tangible or intangible offering that a company provides to customers.
- Price: The amount charged for a product or service.
- Promotion: Activities designed to communicate the benefits and value of a product or service to customers.
- Place (Distribution): The channels through which products or services reach customers.

Marketing Strategy: A comprehensive plan that outlines a company's overall marketing goals, target audience, and tactics.

Marketing Campaign: A coordinated set of marketing activities designed to achieve a specific marketing objective.

Customer Relationship Management (CRM): A business strategy focused on building and maintaining relationships with customers to increase their satisfaction and loyalty.

Marketing Research: The process of gathering and analyzing data about customers, competitors, and the market to inform marketing decisions.

Search Engine Optimization (SEO): Techniques used to improve a website's ranking in search engine results pages (SERPs).

Content Marketing: Creating and distributing valuable, relevant, and consistent content to attract and retain a clearly defined target audience.

Social Media Marketing: Marketing activities conducted through social media platforms to reach and engage target audiences.

Email Marketing: Sending electronic mail messages to promote products, services, or events to a list of subscribers.

Influencer Marketing: Collaborating with individuals who have a large audience and influence in a specific area to promote a product or service.
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