alexsusanu@docs:Marketing & Sales Vocabulary Guide $
alexsusanu@docs
:~$ cat Marketing & Sales Vocabulary Guide.md

HomeNOTES → Marketing & Sales Vocabulary Guide

Marketing & Sales Vocabulary Guide

category: Marketing & Sales
tags: marketing, sales, digital-marketing, customer-acquisition, branding

Digital Marketing & Online Presence

Modern marketing approaches leveraging digital channels and data.

Digital Marketing Channels

  • SEO (Search Engine Optimization) - Improving website visibility in search results
  • SEM (Search Engine Marketing) - Paid advertising on search engines
  • PPC (Pay-Per-Click) - Advertising model where you pay for each click
  • Display advertising - Visual ads on websites and apps
  • Social media marketing - Promoting through social platforms
  • Content marketing - Creating valuable content to attract customers
  • Email marketing - Direct communication through email campaigns
  • Influencer marketing - Partnering with influential individuals
  • Affiliate marketing - Performance-based marketing through partners
  • Native advertising - Ads that match the platform's content format
  • Programmatic advertising - Automated buying and selling of ad space
  • Retargeting - Showing ads to people who previously visited your site
  • Remarketing - Re-engaging with past customers through targeted campaigns
  • Video marketing - Using video content for promotional purposes
  • Podcast advertising - Advertising through podcast sponsorships
  • Mobile marketing - Marketing specifically designed for mobile devices
  • Geofencing - Location-based mobile marketing
  • Push notifications - Messages sent directly to mobile devices
  • In-app advertising - Ads displayed within mobile applications
  • Voice search optimization - Optimizing for voice-activated searches

Digital Analytics & Metrics

  • CTR (Click-Through Rate) - Percentage of people who click on link
  • CPC (Cost Per Click) - Amount paid for each click on ad
  • CPM (Cost Per Mille) - Cost per thousand impressions
  • CPA (Cost Per Acquisition) - Cost to acquire one customer
  • ROAS (Return on Ad Spend) - Revenue generated per dollar spent on advertising
  • ROI (Return on Investment) - Overall return from marketing investment
  • LTV (Lifetime Value) - Total value customer provides over relationship
  • CAC (Customer Acquisition Cost) - Total cost to acquire new customer
  • Conversion rate - Percentage of visitors who complete desired action
  • Bounce rate - Percentage of visitors who leave after viewing one page
  • Engagement rate - Level of interaction with content
  • Impression share - Percentage of available impressions your ads received
  • Quality score - Platform's rating of ad relevance and quality
  • Attribution modeling - Assigning credit to different marketing touchpoints
  • Funnel analysis - Tracking customer journey through conversion process
  • Cohort analysis - Analyzing groups of customers over time
  • A/B testing - Comparing two versions to see which performs better
  • Multivariate testing - Testing multiple variables simultaneously
  • Heat mapping - Visual representation of user behavior on website
  • Session duration - Average time users spend on website

Customer Acquisition & Conversion

Strategies and processes for attracting and converting prospects into customers.

Sales Funnel & Customer Journey

  • Awareness stage - Prospect becomes aware of problem/need
  • Interest stage - Prospect shows interest in solutions
  • Consideration stage - Prospect evaluates different options
  • Intent stage - Prospect shows buying intent
  • Purchase stage - Prospect becomes customer
  • Retention stage - Keeping customers engaged and satisfied
  • Advocacy stage - Customers recommend to others
  • Customer journey mapping - Visualizing customer's path to purchase
  • Touchpoint - Any interaction between customer and brand
  • Moment of truth - Critical interaction that shapes customer perception
  • Pain point - Problem or frustration in customer experience
  • Customer experience (CX) - Overall experience customer has with brand
  • User experience (UX) - Experience user has with product/website
  • Omnichannel - Providing seamless experience across all channels
  • Multi-channel - Using multiple channels to reach customers
  • Cross-channel - Coordinating messaging across different channels

Lead Management & Qualification

  • Lead generation - Process of attracting potential customers
  • Lead capture - Collecting contact information from prospects
  • Lead magnet - Valuable content offered in exchange for contact information
  • Landing page - Dedicated page designed for specific campaign
  • Squeeze page - Simple page focused on capturing email addresses
  • Thank you page - Page visitors see after completing action
  • Lead qualification - Determining if lead is worth pursuing
  • Lead scoring - Ranking leads based on likelihood to buy
  • Lead nurturing - Building relationships with prospects over time
  • Drip campaign - Automated series of emails sent over time
  • Marketing qualified lead (MQL) - Lead deemed ready for marketing attention
  • Sales qualified lead (SQL) - Lead deemed ready for sales attention
  • Sales accepted lead (SAL) - Lead that sales team agrees to pursue
  • Opportunity - Qualified prospect with defined need and budget
  • Warm lead - Prospect who has shown interest
  • Cold lead - Prospect with no prior engagement
  • Hot lead - Prospect ready to buy soon
  • Lead routing - Assigning leads to appropriate sales people
  • Lead distribution - Systematic allocation of leads among sales team
  • Follow-up sequence - Planned series of communications with prospects

Conversion Optimization

  • Conversion rate optimization (CRO) - Improving percentage of visitors who convert
  • Call-to-action (CTA) - Prompt encouraging user to take action
  • Above the fold - Content visible without scrolling
  • Below the fold - Content that requires scrolling to see
  • Form optimization - Improving forms to increase completion rates
  • Checkout optimization - Streamlining purchase process
  • Cart abandonment - When customers leave without completing purchase
  • Exit intent - Technology detecting when user is about to leave
  • Social proof - Using testimonials and reviews to build trust
  • Urgency - Creating sense of time pressure to encourage action
  • Scarcity - Highlighting limited availability to motivate purchase
  • Personalization - Customizing experience based on user data
  • Dynamic content - Content that changes based on user behavior
  • Progressive profiling - Gradually collecting information about prospects
  • Friction - Obstacles that prevent customers from completing actions
  • Conversion barrier - Specific obstacle preventing conversion
  • Micro-conversion - Small action that leads toward main conversion
  • Macro-conversion - Primary goal like purchase or signup

Brand Management & Positioning

Building and maintaining strong brand identity and market position.

Brand Strategy & Identity

  • Brand identity - Visual and verbal elements representing brand
  • Brand positioning - How brand is perceived relative to competitors
  • Brand equity - Value of brand name and reputation
  • Brand awareness - Extent to which consumers recognize brand
  • Brand recognition - Ability to identify brand from visual cues
  • Brand recall - Ability to remember brand when thinking of category
  • Top-of-mind awareness - First brand that comes to mind in category
  • Brand loyalty - Customer commitment to repeatedly purchase brand
  • Brand advocacy - Customers actively promoting brand to others
  • Brand differentiation - What makes brand unique from competitors
  • Brand promise - Value and experience brand commits to deliver
  • Brand personality - Human characteristics associated with brand
  • Brand archetype - Universal character type representing brand
  • Brand values - Core beliefs and principles of brand
  • Brand mission - Purpose and reason for brand's existence
  • Brand vision - Aspirational future state for brand
  • Brand essence - Core meaning and spirit of brand
  • Brand DNA - Fundamental characteristics that define brand
  • Brand heritage - History and tradition associated with brand
  • Brand story - Narrative explaining brand's origin and purpose

Brand Communication & Messaging

  • Brand voice - Consistent tone and style in communications
  • Brand tone - Emotional quality of brand communications
  • Brand messaging - Key messages communicated about brand
  • Value proposition - Unique value brand offers to customers
  • Unique selling proposition (USP) - What makes brand different and better
  • Elevator pitch - Brief compelling description of brand/product
  • Tagline - Memorable phrase associated with brand
  • Slogan - Catchy phrase used in advertising
  • Brand guidelines - Rules for using brand elements consistently
  • Style guide - Specifications for visual brand elements
  • Brand book - Comprehensive guide to brand identity and usage
  • Messaging framework - Structure for organizing brand messages
  • Key messages - Primary points brand wants to communicate
  • Supporting messages - Secondary points that reinforce key messages
  • Proof points - Evidence supporting brand claims
  • Storytelling - Using narrative to connect with audience
  • Content strategy - Plan for creating and distributing content
  • Editorial calendar - Schedule for content creation and publication
  • Brand journalism - Creating news-style content about brand
  • Thought leadership - Establishing expertise and authority in field

Sales Process & Methodology

Structured approaches to selling products and services.

Sales Methodologies

  • SPIN Selling - Situation, Problem, Implication, Need-payoff questions
  • Challenger Sale - Teaching customers new perspectives
  • Solution selling - Focusing on customer problems and solutions
  • Consultative selling - Acting as advisor rather than salesperson
  • Value-based selling - Focusing on value delivered rather than price
  • Relationship selling - Building long-term relationships with customers
  • Inside sales - Selling remotely via phone, email, and video
  • Outside sales - Face-to-face selling in customer locations
  • Inbound sales - Responding to customer inquiries and leads
  • Outbound sales - Proactively reaching out to potential customers
  • Social selling - Using social media to build relationships and sell
  • Account-based selling - Targeting specific high-value accounts
  • Team selling - Multiple people working together to win deals
  • Cross-selling - Selling additional products to existing customers
  • Upselling - Selling higher-value products to existing customers

Sales Process Stages

  • Prospecting - Identifying potential customers
  • Qualifying - Determining if prospect is good fit
  • Needs assessment - Understanding customer requirements
  • Presentation - Demonstrating product or service
  • Handling objections - Addressing customer concerns
  • Closing - Asking for commitment to purchase
  • Follow-up - Maintaining relationship after sale
  • Discovery call - Initial conversation to understand needs
  • Demo - Demonstration of product capabilities
  • Proposal - Formal offer to provide solution
  • Negotiation - Discussing terms and conditions
  • Contract - Legal agreement for sale
  • Onboarding - Getting new customer started
  • Account management - Ongoing relationship management
  • Renewal - Extending or continuing service agreement

Sales Metrics & Performance

  • Sales pipeline - Visual representation of deals in progress
  • Pipeline velocity - Speed at which deals move through pipeline
  • Win rate - Percentage of deals that result in sales
  • Average deal size - Typical value of closed deals
  • Sales cycle length - Time from first contact to closed deal
  • Quota - Sales target assigned to individual or team
  • Quota attainment - Percentage of quota achieved
  • Sales productivity - Measure of sales output relative to input
  • Activity metrics - Measures of sales activities (calls, emails, meetings)
  • Revenue per rep - Average revenue generated by each salesperson
  • Customer lifetime value (CLV) - Total value of customer relationship
  • Churn rate - Rate at which customers stop buying
  • Retention rate - Percentage of customers who continue buying
  • Forecast accuracy - How well sales predictions match actual results
  • Sales velocity - Rate at which revenue is generated

Customer Relationship Management

Strategies and systems for managing customer interactions and relationships.

CRM Concepts

  • Customer relationship management (CRM) - Strategy for managing customer interactions
  • CRM system - Software platform for managing customer data and interactions
  • Contact management - Organizing and tracking customer contact information
  • Account management - Managing relationships with key customers
  • Opportunity management - Tracking potential sales deals
  • Sales automation - Using technology to automate sales processes
  • Marketing automation - Automated marketing campaigns and workflows
  • Lead management - Systematic approach to handling prospects
  • Customer segmentation - Dividing customers into distinct groups
  • Customer profiling - Creating detailed descriptions of ideal customers
  • Customer journey - Complete experience customer has with brand
  • Customer lifecycle - Stages customer goes through with brand
  • Touchpoint management - Coordinating all customer interactions
  • Customer data platform (CDP) - Unified customer data from all sources
  • Single customer view - Comprehensive view of individual customer

Customer Experience & Service

  • Customer experience (CX) - Overall experience customer has with brand
  • Customer satisfaction (CSAT) - Measure of how satisfied customers are
  • Net Promoter Score (NPS) - Measure of customer loyalty and advocacy
  • Customer effort score (CES) - Measure of how easy it is to do business with you
  • Customer service - Support provided to customers before, during, and after purchase
  • Customer support - Help provided to customers using products/services
  • Customer success - Ensuring customers achieve desired outcomes
  • Customer onboarding - Process of getting new customers started
  • Customer retention - Keeping existing customers engaged and loyal
  • Customer churn - Loss of customers over time
  • Customer win-back - Efforts to re-engage lost customers
  • Customer advocacy - Customers actively promoting brand to others
  • Voice of customer (VoC) - Feedback and insights from customers
  • Customer feedback loop - System for collecting and acting on customer input
  • Service level agreement (SLA) - Commitment to specific service standards

Key Concepts Summary

  • Target audience - Specific group of people marketing aims to reach
  • Brand positioning - How brand is perceived in market relative to competitors
  • Value proposition - Unique value offered to customers
  • Customer persona - Detailed profile of ideal customer
  • Marketing mix (4Ps) - Product, Price, Place, Promotion
  • Sales funnel - Process prospects go through to become customers
  • Lead generation - Activities to attract potential customers
  • Conversion optimization - Improving percentage of visitors who take desired action
  • Customer lifetime value - Total value customer provides over relationship
  • Customer acquisition cost - Total cost to acquire new customer
  • Return on investment - Measure of marketing/sales effectiveness
  • Market segmentation - Dividing market into distinct groups
  • Competitive advantage - What makes offering superior to alternatives
  • Go-to-market strategy - Plan for launching and promoting products
  • Sales enablement - Providing sales team with tools and resources to succeed

Best Practices / Tips

  1. Know your audience - Understand who you're trying to reach
  2. Focus on value - Emphasize benefits rather than features
  3. Test and optimize - Continuously improve based on data
  4. Align sales and marketing - Ensure teams work together effectively
  5. Measure what matters - Track metrics that align with business goals
  6. Personalize experiences - Tailor messaging to individual customers
  7. Build relationships - Focus on long-term customer relationships
  8. Stay customer-centric - Always consider customer perspective
  9. Embrace digital channels - Use technology to reach and engage customers
  10. Learn from competitors - Study what works for others in your industry

Common Issues / Troubleshooting

Low Conversion Rates

  • Symptom: Many visitors but few taking desired action
  • Cause: Unclear value proposition, poor user experience, or targeting wrong audience
  • Solution: A/B test different approaches, improve messaging, optimize user flow

High Customer Acquisition Costs

  • Symptom: Spending too much to acquire each new customer
  • Cause: Inefficient marketing channels or poor targeting
  • Solution: Analyze channel performance, improve targeting, focus on high-performing channels

Poor Lead Quality

  • Symptom: Many leads but few converting to customers
  • Cause: Attracting wrong audience or inadequate qualification process
  • Solution: Refine targeting, improve lead scoring, enhance qualification criteria

Low Customer Retention

  • Symptom: Customers not staying engaged or making repeat purchases
  • Cause: Poor customer experience or lack of ongoing value
  • Solution: Improve customer onboarding, enhance product/service, implement retention programs

Misaligned Sales and Marketing

  • Symptom: Tension between teams or poor lead handoff
  • Cause: Different goals, metrics, or communication processes
  • Solution: Align on definitions, create shared metrics, improve communication processes

References / Further Reading

  • HubSpot Academy - Inbound marketing and sales courses
  • Google Analytics Academy - Digital marketing analytics
  • Facebook Blueprint - Social media marketing certification
  • Salesforce Trailhead - CRM and sales training
  • Content Marketing Institute - Content marketing resources
  • MarketingProfs - Marketing education and training
  • Sales Hacker - Sales methodology and best practices
  • American Marketing Association - Professional marketing resources
Last updated: 2025-08-26 20:00 UTC