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Say what? Marketing jargon, illuminated.

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Jeff Exstrum

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Nearly every industry and profession has its own language; a series of abbreviations, acronyms, amalgams and sometimes made-up terms (one of my favorites is 鈥渟trategery鈥) to foster more efficient communication. Communications and marketing professionals are undeniably guilty of this (as is higher education, but that鈥檚 a story for another time). Though we often revel in our own special language, for those of us who aren鈥檛 鈥榠n the know,鈥 these terms can often cause others to feel less important, confused or alienated.

To help remedy this, Jeff Exstrum, MarComm鈥檚 interim senior director for marketing and brand management, compiled a list of common marketing terms that will help you keep pace with even the most fluent jargonistas (Yes, he made up that word).

Analytics

Analytics is the collection of meaningful information and patterns, to determine what鈥檚 working, what isn鈥檛, and how to adjust accordingly. How many people visit your website, comment on your social media post, or complete your request form?听This听information, along with why it is (or isn鈥檛) relevant,听helps us make better decisions.听Which in turn helps us engage more effectively with our customers. Plus, sometimes big numbers are just fun to show-off.

B2B / B2C

B2B stands for business-to-business, used to describe companies and efforts aimed at other companies (not people). Google, IBM and Salesforce are primarily B2B companies.

B2C stands for听business-to-consumer; in other words,听companies听and efforts aimed at an听actual, breathing person. Most retail companies (Amazon, Apple, Nike, etc.) fall into this category, as does higher education.

CTA

An industry favorite, CTA stands for call-to-action. Taking many forms (buttons, links, images, persuasive language, etc.), the call-to-action exists to get the consumer to actually do something. Join, subscribe, attend, RSPV, visit, learn more, apply now鈥攁ll examples of calls-to-action doing what they do best.

Conversion

As a marketer, if you鈥檝e done a good job, sooner or later you鈥檒l turn a passively interested viewer into an active customer. That transition is called conversion, and it鈥檚 one of the core goals behind most marketing efforts. Put another way: when you catch a fish, you鈥檝e successfully converted it from an interested observer into dinner. Not great for ensuring repeat business, if you happen to be the fish.

DMA

DMA stands for Defined Market Area; a term marketers and advertisers love to throw out when they want to sound smart. In reality, all it means is a specific geographic area. For example, the Denver DMA includes the Denver Metro area, as well as the I-25 corridor from Ft. Collins to Colorado Springs.

Drip

Not just a 1950鈥檚 insult鈥攐r 21st century fashion compliment鈥攄rip also refers to a specific type of marketing strategy. Specifically, a campaign or effort that delivers pre-scheduled content to a set of customers over a certain amount of time. Remember that time you shared your email with a company to download a white paper, and then received daily emails from them for the next several weeks (or forever)? That鈥檚 drip marketing at its finest (and most annoying).

Engagement

No, this isn鈥檛 (just) a wedding industry term. Engagement refers to how your customers are responding to your marketing & communications efforts, based on your KPI鈥檚 and goals.听How many people are participating, how often are they participating, and in what forms are they participating? You鈥檒l most often hear this in relation to social media content, but engagement can be measured in virtually any customer interaction. 500 people RSVP鈥檇 yes to your event, but only 19 showed up, you say? We鈥檇 call that 鈥榩oor engagement.鈥

Impressions

Marketers love to hold up giant impressions numbers, to get their clients excited. However鈥攁nd I鈥檓 risking my marketer鈥檚 guild membership for saying this鈥攊mpressions are a bit of a double-edged sword. They refer to the number of times an ad or piece of content has been served鈥攖he number of people who MAY have seen it, not the number of times it was read, remembered or acted upon. Remember those ads bombarding you at the airport? Of course you don鈥檛. They鈥檙e practically everywhere you look, but how many do you actually pay attention to or remember? That鈥檚 the difference between impressions and engagement.

KPI

If you鈥檝e been part of a 快活app marketing effort, campus-wide initiative or (*gasp*) budget planning team, you have most likely run afoul of the dreaded KPI. An imposing placeholder for key performance indicator, KPI鈥檚 are really code for 鈥渉ow you plan to measure success.鈥 Knowing is half the battle.

Lead generation / lead-gen

Remember that cup full of business cards near the register of your favorite coffee shop? That鈥檚 old-school lead generation at its finest. In a nutshell, it is the听process of stimulating and capturing attention鈥攐f getting your customer to share their interests and contact information鈥攆or the purpose of adding them to your marketing pipeline.听

Nurturing

Not the strategy of giving away free milk and cookies (wouldn鈥檛 it be nice if it were?). Nurturing refers to the听action of cultivating customer leads (see 鈥榣ead generation鈥 above) until they鈥檙e ready to take action. Sometimes, this is quick and dirty; in other cases鈥攅specially higher education鈥攊t may span months or even years.

PPC

A stand-in for pay-per-click, this term refers to an advertising model that lets marketers place ads on a 听platform鈥攖hink Google, Facebook, Instagram and LinkedIn鈥攁nd pay the host of that platform every time their ad is clicked. From a marketing perspective, PPC ads are useful in that you only pay when a user clicks on them鈥攎eaning you can get your message in front of a lot of eyeballs (AKA, impressions) without breaking the bank. Those banner ads that seem to follow you around the internet? PPC. Those 鈥渟ponsored results鈥 that come up every time you do a search on Google? You guessed it.

Retargeting / remarketing

If at first you don鈥檛 succeed, try, try again. Retargeting refers to an aspect of marketing campaigns where, should a consumer express interest but not take action, you try and get them to commit by following up. Remember that time you looked at shoes on Zappo鈥檚, and the next time you visited the Denver Post website鈥攕hazam!鈥攁n ad for the exact same shoes appeared on the page? Congratulations, you鈥檝e just been retargeted, my friend.

ROI

ROI stands for return on investment. If key performance indicators and analytics had a baby whose first toy was a calculator, it would be ROI. Incessantly converting your goals and performance into dollar values, reminding you whether you鈥檝e chosen wisely or poorly. And unlike in accounting or analytics, with ROI you always want a positive outcome.

SEO

Short for search engine optimization, it refers to the process of improving your website to increase its visibility in relevant search results. The higher it appears in search results, the more likely you are to get attention and attract customers to your company, product or service. How do you improve your site鈥檚 SEO? Magic. Just kidding; it鈥檚 a combination of having good, fresh content, relevant keywords, a strong user interface and user experience design, and usability across desktop, tablet and mobile devices. Easy, right?

UI / UX / CX

The trifecta of modern marketing acronyms鈥攁nd the most-often confused for one another. UI, or user interface, refers to the specific assets, elements and interactivity of a product, tool or system. Good UI design helps users find their way and complete their journey more quickly and efficiently. Poor UI design may not only contribute to a negative user experience, it may land you in accessibility jail (AKA legal trouble). Don鈥檛 say I didn鈥檛 warn you.

UX, or user experience, are the impressions and feelings a user has with a company, product or service during a single encounter. A visit to your website, attending an event, a call to your help desk, etc. A user experience may involve multiple user interfaces (the design of your website, the speaker at your event, the support options of your help desk, etc.) as part of the overall experience. Is UX important? You bet it is. Studies show that it takes five or more 鈥済ood鈥 experiences to counteract a single 鈥渂ad鈥 experience.

Last, but certainly not least, CX stands for customer experience. It refers to the sum of all touchpoints听a brand has with its customers, across every channel and at any time.听Put bluntly, the brand is the brand, no matter where it is experienced. If you watch a company鈥檚 product overview on YouTube, purchase it via their website, and return it in-person, you may have completely different and seemingly unrelated experiences. But the sum of all those experiences forms your overall impression of the company, and influences whether you鈥檒l interact with them in the future. This is why every single touch point and user experience matters.

There you have it; an assemblance of oft鈥 used marketing terms and definitions to help you make the most of your next team meeting or strategy session. Use them wisely and well; and feel free to dazzle your friends and colleagues with your newfound grasp of marketing jargon.