President - Peter Tsykov (member of The Canadian Public Relations Society)
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Term + Definition
Term:
Definition:
Marketing is the wide range of activities involved in making sure that you are continuing to meet the needs of your customers and getting value in return. Marketing activities include "inbound marketing," such as market research to find out, for example, what groups of potential customers exist, what their needs are, which of those needs you can meet, how you should meet them, etc. Inbound marketing also includes analyzing the competition, positioning your new product or service (finding your market niche), and pricing your products and services. "Outbound marketing" includes promoting a product through continued advertising, promotions, public relations and sales. Marketing is the overall process of boosting public awareness of a product, person or service, while advertising and PR are promotion methods that fall under the ‘marketing’ umbrella term. The marketing team is responsible for planning the company’s promotion, right through from pinpointing a product’s target customer, researching the market and setting a marketing budget to putting on product launches and evaluating the success of the campaign. If you take up a career in this area, your responsibilities could involve conducting interviews and market research, creating website content, organising conferences or exhibitions, commissioning advertising and coming up with new ideas to market the product.
Existing Terms:
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Advertainment
Advertising
Advertorial
Artificial Intelligence
Buyer Persona
Cognition
Cognitive state
Crowd Manipulation
Cybernetics
Dark Public Relations (DPR)
Emoji
Evolution
Freedom (Свобода)
Fuzzy Set
Hegemony Theory
Information Policy
Marketing
Native Advertising
Neuro-Linguistic Programming (NLP)
Newsmaker
Outcomes
Outputs
Outtakes
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PR Measurement
Predictive Analytics
Press Release
Profile of Preferences
Promo
Promotion
Propaganda
Psychodynamics
Psychographics
Psychometrics
Public Information Officer (PIO)
Public Relations
Publicity
Relationship Management Theory (RMT)
Reputation
ROI
Sales
Smart Cities
Stream of Messages
Theory of Information
Theory of Subjective Probability
Thermodynamics
Tree of Categories
Value
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