1.
Target Market – The specific group of
people or businesses that a company aims to reach with its products or
services.
Sentence: The company conducted extensive research to identify its target
market for the new product.
2.
Lead – A potential customer who has
shown interest in a product or service.
Sentence: The sales team followed up with the lead after they
signed up for the newsletter.
3.
Conversion – The process of turning a
potential lead into a paying customer.
Sentence: The marketing campaign led to a high conversion
rate, with many visitors becoming customers.
4.
Branding – The process of creating a
unique name, symbol, or design that identifies and differentiates a product
from other products.
Sentence: The branding of their new product was so strong that
it quickly gained recognition in the market.
5.
Pitch – A presentation or argument
made to persuade someone to buy a product or service.
Sentence: The sales representative gave an excellent pitch
that convinced the client to sign the contract.
6.
B2B (Business to Business) – Sales and
marketing activities between two businesses, rather than between a business and
a consumer.
Sentence: The company specializes in B2B services, offering
solutions to other businesses rather than individual consumers.
7.
B2C (Business to Consumer) – Sales and
marketing activities aimed directly at consumers.
Sentence: Their marketing strategy focuses primarily on B2C,
targeting individual shoppers through online ads.
8.
Market Research – The process of
gathering, analyzing, and interpreting information about a market, including
information about the target market, competitors, and industry trends.
Sentence: The company invested in market research to
understand customer preferences and improve product development.
9.
SEO (Search Engine Optimization) – The
practice of optimizing a website to rank higher in search engine results and
increase organic traffic.
Sentence: The business hired an SEO expert to improve their
website’s visibility and attract more visitors.
10. Advertising
– The practice of promoting products or services through various media channels
(TV, online, print, etc.).
Sentence: The company launched a TV advertising campaign to
reach a larger audience.
11. Customer
Retention – The strategies and actions a company uses to keep its
existing customers loyal and engaged.
Sentence: The brand's focus on customer retention helped
maintain a strong base of repeat customers.
12. Sales
Funnel – The stages a potential customer goes through, from awareness
of a product or service to the final purchase decision.
Sentence: By mapping out the sales funnel, the team was able
to optimize the customer journey and increase sales.
13. CTA
(Call to Action) – A prompt on a website or advertisement that
encourages the user to take a specific action, such as "Buy Now" or
"Learn More."
Sentence: The ad included a clear CTA that encouraged viewers
to sign up for a free trial.
14. Influencer
Marketing – Partnering with individuals who have a large following on
social media or other platforms to promote products or services.
Sentence: The company used influencer marketing to reach a
younger audience on Instagram.
15. Content
Marketing – A strategy that involves creating and sharing valuable
content (such as blogs, videos, or social media posts) to attract and engage
customers.
Sentence: The blog posts they published helped boost engagement, driving more
traffic to their website through content marketing.
16. Lead
Generation – The process of attracting and identifying potential
customers for a business’s products or services.
Sentence: They used social media ads to boost lead generation
and grow their email list.
17. Customer
Acquisition – The process of gaining new customers.
Sentence: The marketing team focused on customer acquisition
by offering special discounts to new buyers.
18. Upselling
– The practice of encouraging customers to purchase a more expensive item or
add-ons to increase the value of the sale.
Sentence: The salesperson was skilled at upselling, offering a
premium version of the product that included additional features.
19. Market
Share – The portion of a market controlled by a particular company or
product.
Sentence: The company is aiming to increase its market share
by expanding into new regions.
20. Segmentation
– The process of dividing a market into distinct groups of potential customers
with similar needs or characteristics.
Sentence: By using market segmentation, the company was able
to tailor its marketing messages to different customer groups.
Sales & Marketing Vocabulary Test.
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