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Tuesday, January 3, 2012

Marketing Glossary


Below the line “Below the line” is a term commonly used to refer to non-media advertising or promotion when no commission has been paid to the advertising agency. This includes direct mail, point of sale displays, and other sales promotions.

Benchmarking: The process of comparing the products and services of a business against those of competitors in a market, or leading businesses in other markets, in order to find ways of improving quality and performance.

Brand building: Developing a brand's image and standing with a view to creating long term benefits for brand awareness and brand value.

Brand loyalty: A strongly motivated and long standing decision to purchase a particular product or service.