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23 Terms
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Purpose
Here you define goals, write a marketing plan, and a strengths, weakness, opportunities, and threats (SWOT) analysis
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Research
Its lengthy but shouldnt be skipped
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Analyze
It includes analysis of the distribution channels, pricing, data on the competition, market trends, and insights from the customers themselves, all for new opportunities for growth of the business
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Implement
This is about the application of processes and the methodology for better execution, return on investment (ROI), and sales
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Strategize
the positioning statement that makes the business unique, the development of a marketing objective, a sales plan, and an overall strategy that covers customers, target market, competition, product, price, promotion, distribution, growth, and innovation
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Execute and Evaluate
The evaluation is where you identify metrics that you can record, and, thus measure the success of your marketing
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Analysts and Analytics
There are services online that do research and surveys and publish the results online
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Brand awareness
marketing that allows levels and trends in consumer knowledge and awareness of a brands existence to be quantified
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Customer Engagement
engagement of customers with a company or a brand
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News Aggregator
website that collects syndicated news on the Internet
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User Friendliness
It must load quickly with all pages opening easily without any problems
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Content Updates
Fresh content also gives visitors a reason to browse around and see if theyve missed anything since the last time they dropped by
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Retention
The things that will make them loyal include a great experience, excellent customer service (which includes delivery), quality products, and competitive prices
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Backlink
incoming link to a website or web page from another website
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Conversion Rate
the number of potential customers that convert or make a purchase
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Internet Traffic
the flow of data or information over the Internet
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Organic Traffic
unpaid for or free traffic
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Keywords
words typed into search engines to get to bring up websites that contain such words
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Search Engine Optimization
configuring a website to rank in search results of search engines
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Targeted audience
people who are already interested in a product or service offered
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Web traffic
the amount of data sent and received by visitors to a website
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Brick and mortar
describes the physical existence of a building such as a store