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Sunday, April 29, 2012

Marketing Glossary


Brand Architecture :-  Brand architecture is how a company structures and names its brands and how all the brand names relate to each other. Architecture is a critical component for establishing strategic relationships, and there are three types: monolithic, where the corporate name is used on all products and services offered by the company; endorsed, where all sub-brands are linked to the corporate brand by either a verbal or visual endorsement; and freestanding, where the corporate brand operates merely as a holding company, and each product or service is individually branded for its target market. There are multiple variations of these three primary structures. The key requirement is that any architecture be devised with the customer as primary focus, rather than by internal influences such as accounting, people organization, or history.

Cost Per Thousand (CPM):-Standard measurement for determining the cost effectiveness for advertising, by comparing the cost to impressions for a target audience.

Marketing Metrics:- Measurements that help with the quantification of marketing performance, such as market share, advertising spend, and response rates elicited by advertising and direct marketing.

Peer to Peer (P2P) Marketing:-Technique of encouraging customers to promote a product person-to-person (peer-to-peer) on the Internet.