Glossary Terms from week 1 Flashcards
An outside partner that fulfills a company’s digital marketing and advertising needs
Agency
Refers to when businesses sell products or services to other businesses (when businesses purchase from each other)
Business-to-business (B2B)
Refers to when businesses sell products or services to consumers (when consumers purchase from businesses)
Business-to-consumer (B2C)
Refers to when individuals (consumers) sell products or services to businesses (when businesses purchase from consumers)
Consumer-to-business (C2B)
Refers to when individuals (consumers) sell products or services to other consumers (when consumers purchase from each other)
Consumer-to-consumer (C2C)
Any communication method or platform a business can use to reach their target audience online
Digital channel
The practice of reaching consumers online through digital channels with the aim of turning them into customers
Digital marketing
The buying and selling of goods or services using the internet
E-commerce
Engagement marketing
(refer to experiential marketing)
The process of encouraging consumers to not only purchase a brand or product, but to experience it
Experiential marketing
The process of enlisting influential people to endorse or mention a brand or product to their followers on social media
Influencer marketing
Within a single company
In-house
The process of creating content for different social media platforms to drive engagement and promote a business or product
Social media marketing
Skills from other areas that can help someone progress a career in marketing
Transferable skills