Lesson 3 Vocabulary AO Flashcards
Behavioral Segmentation:
Divides consumers according to behavior patterns as they interact with a company.
Benchmarking:
Evaluating or checking along with comparison with a standard.
Brand Butler:
Exaggerated customer service, instead of just rubbing the brand in their face, they go on a more personal level with the customer.
Brandjacking:
An activity whereby someone acquires or assumes the online identity of another entity for the purpose of acquiring that business’ brand equity.
Demographic Segmentation:
A market segmentation method based on variables such as age, gender, income, sex, gender, religion, and educational qualification
Elevator Pitch:
a short description of an idea, product or company that explains the concept in a way such that any listener can understand it in a short period of time.
Geographic Segmentation:
a common strategy when you serve customers in a particular area, or when your broad target audience has different preferences based on where they are located.
Persona:
is a fictional representation of an ideal customer, they are generally based on user research and incorporate the needs, goals, and observed behavior patterns of your target audience
Positioning:
the place that a brand occupies in the minds of the customers and how it is distinguished from the products of the competitors and different from the concept of brand awareness
Profile Placeholder:
icon that marks or temporarily fills a place
Psychographic Segmentation:
is when you break your customer groups down into units as it pertains to their beliefs, values, and reasons for being.
Return on Engagement (ROE):
the overall brand strength gained from a particular action, strategy or product
Share of Conversation:
is the percentage of mentions the particular brand receives in relation to the broader conversation.
Social Media Audit:
the process of reviewing your business’ metrics to assess growth, opportunities and what can be done to improve your social presence.
SWOT Analysis:
a compilation of your company’s strengths, weaknesses, opportunities and threats.