Course 1 Flashcards
Ad extension
A google ads feature that shows additional info about the business
Agency
An outside partner that fulfills business’s needs in advertising and marketing
Attribution
Determining which content and channels are responsible for generating leads, conversions, or sign-ups
Awareness stage
The first stage of the marketing funnel, when a potential customer first becomes aware of the product or service
Brand
How a business or organization is perceived by the public
Brand equity
The value consumers attribute to one brand’s offerings when compared with similar products from another brand
Brand safety
Keeping a brand’s reputation safe when they advertise online
Business goal
A desired aim, achievement, or outcome for a business
Business-to-business (B2B)
Refers to when businesses sell products or services to other businesses (when businesses purchase from each other)
Business-to-consumer (B2C)
Refers to when businesses sell products or services to consumers (when consumers purchase from businesses)
Change management
Methods, practices, approaches, and processes that organizations take to ensure changes are implemented smoothly
Consideration stage
The second stage of the marketing funnel, when a potential customer’s interest builds for a product or service
Consumer-to-business (C2B)
Refers to when individuals (consumers) sell products or services to businesses (when businesses purchase from consumers)
Consumer-to-consumer (C2C)
Refers to when individuals (consumers) sell products or services to other consumers (when consumers purchase from each other)
Content marketing
A marketing technique that focuses on creating and distributing valuable content to a specific audience
Conversion
The completion of an activity that contributes to the success of a business
Conversion rate
The percentage of users or website visitors who completed a desired action, such as clicking on a link in an email or purchasing a product
Conversion stage
The third stage of the marketing funnel, when marketers capitalize on the interest people have already shown
Cost per click (CPC)
The amount an advertiser pays when someone clicks on a PPC ad
Customer journey
The path customers take from learning about a product, to getting questions answered, to making a purchase
Customer journey map
A visualization of the touchpoints a typical customer encounters along their purchase journey
Customer lifetime value (LTV or CLV)
The average revenue generated per customer over a certain period of time
Customer persona
Represents a group of similar people in a desirable audience
Data
A collection of facts or information
Data analysis
Examining data to draw conclusions, make predictions, and drive informed decision-making
Data analytics
Monitoring and evaluating data to gain actionable insights
Data anonymization
Techniques to mask or remove personal information from data to protect the identities of people
Data bias
Human error that skews data collection or interpretation of data in a certain direction
Data-driven attribution
Measures customer engagement with marketing content across channels to understand what is motivating them to take action
Data ethics
The study and evaluation of moral challenges related to data collection and analysis