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market share
The proportion of total sales in a market that is held by a company.
e.g. Samsung holds a global smartphone ____________ ____________ of over 18%.
market leader
The company that sells the highest volume of a particular product or service in its market.
e.g. Canon is currently the ____________ ____________ in digital cameras.
to launch
To introduce a new product or service to the market for the first time.
e.g It takes careful planning to successfully ____________ a new product.
unique selling point (USP)
The feature or benefit that makes a product or service stand out from competitors.
e.g. Disney’s ____________ ____________ ____________ is the magical experience it creates in all its films.
customer base
The group of regular customers who purchase a company’s products or services.
e.g. Our ____________ ____________ primarily consists of young professionals interested in technology.
endorsement
A statement or promotion by a celebrity or public figure supporting a product, service, or brand.
e.g. Many retired athletes earn income through product ____________.
product placement
A marketing technique in which brands pay to have their products featured in films, TV shows, or online content.
e.g. Audi frequently uses ____________ ____________ in movies, such as in the "Iron Man" series.
testimonial
A personal statement from a customer endorsing a product or service based on their experience.
e.g. The website features ____________ from satisfied users describing how much they like the product.
target customers / audience
The specific group of consumers a company aims to reach with its products or marketing efforts.
e.g. Our ____________ ____________ are adults aged 25+, with disposable income and an interest in outdoor activities..
marketing mix
The combination of strategies a company uses to promote its product, typically summarized as the 4Ps: product, price, place, and promotion.
e.g. A successful ____________ ____________ balances product quality, competitive pricing, effective distribution, and compelling promotion.
functional value
The practical usefulness or utility a product or service provides.
e.g. My car has huge ____________ ____________ because it reliably gets me where I need to go.
profit
The financial gain a company makes after deducting all expenses from revenue.
e.g. The company reported a ____________ of $2 million last quarter.
revenue
The total income generated from selling goods or services before deducting expenses.
e.g. The online store’s annual ____________ reached $10 million.
budget
A financial plan detailing expected revenue and expenses over a period.
e.g. We set a marketing ____________ of $50,000 for the new campaign.
competitor
A company offering similar products or services in the same market.
e.g. Nike’s main ____________ in sportswear is Adidas
consumer behaviour
The study of how people choose, buy, use, and dispose of products and services.
e.g. Understanding ____________ ____________ helps companies design better products and marketing strategies.
emerging trend
A new pattern or tendency in consumer preferences or the market that is gaining popularity.
e.g. Eco-friendly packaging is an ____________ ____________in the food industry.
media monitoring
The process of tracking news, social media, or other media channels to observe public perception, market trends, and competitor activity.
e.g. Companies use ____________ ____________ to adjust marketing strategies in real time.
campaign
a planned set of advertisements over time.
e.g. The company ran a six-week advertising ____________, showing the same message on TV, radio, and social media to increase sales.
demographic
a specific group of people (by age, gender, etc.)
e.g. the new smartphone is aimed at an older ____________, especially people over 50 who want simple technology.
advertising slots
paid space/time for ads
e.g. During popular TV shows, ____________ ____________ — the short times when commercials can be shown — are very expensive.
marketing strategy
a long-term plan to achieve marketing goals
e.g. Our marketing ________________________ focuses on young online users.
brand image
the impression people have of a company or product
product range
all the different products a company offers
social media marketing
promoting products using platforms like Instagram or Facebook
Search Engine Optimization (SEO)
improving a website so it appears higher in search results
Pay Per Click (PPC)
model where companies pay when users click on an ad