Terms

Brand Awareness

What is Brand Awareness?

Brand awareness is a marketing term that refers to the degree to which consumers recognize and remember a product or service by its name, as well as the positive perceptions that distinguish it from competitors. It plays a vital role in promoting new products or reviving older brands, ultimately leading to increased sales as consumers are more likely to choose familiar brands over unfamiliar ones.

Understanding Its Importance

Understanding the importance of brand awareness can help businesses create effective marketing strategies, leading to increased sales and customer loyalty. It fosters trust among consumers, creates associations between actions, products, and brands, and builds brand equity, which can lead to higher prices, stock prices, and business expansion.

  • Create shareable content to improve brand awareness
  • Tell an authentic brand story to resonate with the audience
  • Be consistent in messaging across all marketing channels and touchpoints
  • Produce visually appealing, short, and concise content to capture attention quickly
  • Share timely and up-to-date content that is relevant to current events or trends

Building an Effective Strategy

Building an effective brand awareness strategy involves a combination of components, such as utilizing social media platforms, advertising in print media and physical locations, and sponsoring events. It's essential to have clear goals for your campaign, which will help target the right audience and differentiate your product from competitors. Additionally, adapting to changes in the marketing landscape, such as the increasing importance of social media, is crucial for success.

Choose the right format for your content, using a mix of quantitative and qualitative metrics to measure brand awareness. Engage readers by being authentic and personable, and avoid lengthy text by structuring content with headings, subheadings, and bullet points. Consistency in brand messaging and storytelling across all marketing channels is vital, as is captivating the reader with visually appealing, concise, and timely content.

Key Metrics to Track

Monitoring key metrics is an important aspect of evaluating the success of your brand awareness efforts. Some essential metrics to track include:

  • Brand recall: Consumers' ability to remember a brand when prompted.
  • Brand recognition: Consumers' ability to identify a brand based on visual or auditory cues.
  • Brand preference: The degree to which consumers prefer a particular brand over its competitors.
  • Brand loyalty: The likelihood that consumers will continue to purchase from a specific brand over time.

Examples in Real World

  • Coca-Cola vs. Pepsi Rivalry: Both companies employ extensive advertising and marketing strategies to ensure their brands are top-of-mind for consumers, leading to higher sales and maintaining their dominance in the market. This high level of brand awareness acts as an economic moat, preventing competitors from easily gaining market share.
  • Coca-Cola's "Share a Coke" Campaign: This campaign leverages personalization by allowing customers to find Coke bottles with their names or customize a bottle with a phrase. It capitalizes on the trend of personalization, making Coca-Cola even more recognizable and iconic.
  • Schroders Asset Management: Schroders demonstrates the power of content experiences at scale to increase brand awareness. By improving workflows and utilizing digital asset management, Schroders created scalable content experiences that led to increased brand awareness and revenue.

Other terms

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Simple Object Access Protocol Application Programming Interface

Learn about SOAP API, including benefits of SOAP API, how SOAP API works, SOAP API vs. REST API, and common use cases for SOAP API.

Simple Object Access Protocol Application Programming Interface

Lead Qualification Process

Learn about lead qualification process, including identifying key lead qualification criteria, & steps in a successful qualification process.

Lead Qualification Process

Buying Intent

Buying intent is the collection of online cues and behaviors that signal a prospect is actively researching and moving toward a purchase decision.

Buying Intent

Customer Engagement

Customer engagement is the ongoing, value-driven relationship a business builds with its customers to foster brand loyalty and awareness.

Customer Engagement

Consumer Buying Behavior

Consumer buying behavior is the study of how individuals select, buy, and use products and services to satisfy their needs and desires.

Consumer Buying Behavior

B2B Leads

Learn about B2B leads, including identifying quality B2B leads, generating B2B leads effectively, & B2B leads vs. B2C leads: understanding the differences.

B2B Leads

Sales Training

Learn about sales training, including benefits of sales training, essential components of effective sales training, & sales training vs. sales coaching.

Sales Training

Scrum

Learn about scrum, including advantages of scrum, implementing scrum in sales, scrum roles explained, & common scrum mistakes.

Scrum

Deal Closing

Deal closing is the final step in a sales cycle. It's when a prospect signs a contract and officially converts into a paying customer.

Deal Closing

Purchase Buying Stage

Learn about purchase buying stage, including understanding the buyer's journey, & key strategies to influence purchase decision.

Purchase Buying Stage

Sender Policy Framework

Learn about sender policy framework, including understanding SPF records, implementing SPF for email security, SPF vs. DKIM and DMARC, & benefits of using SPF.

Sender Policy Framework

Sales Pipeline Velocity

Learn about sales pipeline velocity, including maximizing sales pipeline velocity, key metrics to monitor, & improving velocity with automation.

Sales Pipeline Velocity

Customer Relationship Marketing

Customer relationship marketing is a strategy for building lasting connections with customers to foster long-term loyalty and engagement.

Customer Relationship Marketing

Business-to-Business (B2B)

Learn about B2B, including what is it, its key elements, the benefits of B2B partnerships, the differences between B2B and B2C, and strategies for effective marketing.

Business-to-Business (B2B)

Data Mining

Data mining is the process of discovering patterns, trends, and useful information from large datasets to make better business decisions.

Data Mining

Analytics Platforms

Analytics platforms are tools that collect and analyze data from various sources, helping businesses track key metrics and make informed decisions.

Analytics Platforms

Sales Rep Training

Learn about sales rep training, including benefits of sales rep training, & essential components of effective sales training.

Sales Rep Training

LPI

Learn about LPI, including understanding LPI in sales context, implementing LPI strategies effectively, & comparing LPI with traditional sales metrics.

LPI

Trigger Marketing

Learn about trigger marketing, including implementing trigger marketing strategies, benefits of trigger marketing, trigger marketing vs. traditional marketing.

Trigger Marketing

Multi-Channel Marketing

Learn about multi-channel marketing, including benefits of multi-channel marketing, & strategies for successful implementation.

Multi-Channel Marketing

Data Security

Data security protects digital information from unauthorized access, corruption, or theft throughout its entire lifecycle.

Data Security

Cross-Selling

Cross-selling is a sales tactic of encouraging customers to purchase products or services that are related to what they're already buying.

Cross-Selling

Demand

Demand is the economic principle describing a consumer's desire and willingness to purchase a specific good or service at a particular price.

Demand

Complex Sale

A complex sale features a long sales cycle, multiple stakeholders, and a high-value transaction, demanding a strategic, consultative approach.

Complex Sale

Lead Routing

Learn about lead routing, including benefits of effective lead routing, key steps in implementing lead routing, lead routing vs. lead scoring: understanding the differences.

Lead Routing

Sales Champion

Learn about sales champion, including identifying your sales champion, qualities of an effective sales champion, sales champion vs. sales representative.

Sales Champion

WordPress

Learn about WordPress, including understanding WordPress features, benefits of using WordPress, comparing WordPress and other CMS, and essential WordPress plugins.

WordPress

Closed Lost

Closed Lost is a sales term for a deal that didn't go through. The prospect decided not to buy, or the sales team disqualified them.

Closed Lost

Sales Process

Learn about sales process, including designing your sales process, key components of effective sales processes, sales process vs. sales methodology.

Sales Process

Renewal Rate

Learn about renewal rate, including how to calculate it, why it matters, factors impacting renewal rate, & tips for improving renewal rate.

Renewal Rate

Sales Pipeline

Learn about sales pipeline, including building a robust sales pipeline, key stages of a sales pipeline, sales pipeline vs. sales funnel.

Sales Pipeline

InMail Messages

Learn about InMail messages, including crafting effective InMail messages, benefits of utilizing InMail for outreach, InMail vs. traditional email: key differences.

InMail Messages

Workflow Automation

Learn about workflow automation, including benefits of workflow automation, implementing workflow automation, & common workflow automation tools.

Workflow Automation

Landing Pages

Learn about landing pages, including creating effective landing pages, key elements, examples of successful landing pages, & landing pages vs. home pages.

Landing Pages

Sales Key Performance Indicators

Learn about sales key performance indicators, including identifying crucial sales KPIs, & establishing effective sales KPI goals.

Sales Key Performance Indicators

Custom API integration

A custom API integration is a bespoke connection between software, enabling them to communicate and share data to meet unique business requirements.

Custom API integration

Positioning Statement

Learn about positioning statement, including crafting your positioning statement, & key elements of a strong positioning.

Positioning Statement

Churn

Churn, also known as customer attrition, is the rate at which customers stop doing business with a company over a given period.

Churn

Enrichment

Enrichment is the process of adding third-party data to your existing customer profiles to get a more complete picture of your leads.

Enrichment

Revenue Intelligence

Learn about revenue intelligence, including benefits of implementing revenue intelligence, & key components of revenue intelligence.

Revenue Intelligence

Regression Analysis

Learn about regression analysis, including understanding its purpose and importance, applications in outbound sales, & common techniques explained.

Regression Analysis

Application Programming Interface Security

API security is the practice of protecting application programming interfaces from attacks, preventing data breaches and unauthorized access.

Application Programming Interface Security

Sales Demo

Learn about sales demo, including preparing a winning sales demo, characteristics of successful sales demos, & sales demo versus product demo.

Sales Demo

Inbound leads

Learn about inbound leads, including generating quality inbound leads, strategies for nurturing inbound leads, & comparing inbound and outbound leads.

Inbound leads

Marketing Attribution Model

Learn about marketing attribution model, including types of marketing attribution models, & key benefits of attribution modeling.

Marketing Attribution Model

Low-Hanging Fruit

Learn about low-hanging fruit, including identifying low-hanging fruit, strategies for capturing easy wins, & comparing high and low effort opportunities.

Low-Hanging Fruit

Use Case

Learn about use case, including crafting a compelling use case, essential components of a use case, & comparing use cases and case studies.

Use Case

Email Verification

Email verification is the process of confirming that an email address is valid and deliverable, which helps improve campaign performance.

Email Verification

B2B Contact Base

Learn about B2B contact base, including building an effective B2B contact base, & strategies for expanding your contact base.

B2B Contact Base

Pipeline Coverage

Learn about pipeline coverage, including key components of pipeline coverage, improving pipeline coverage efficiency, pipeline coverage vs. traditional s.

Pipeline Coverage

Sales Cycle

Learn about sales cycle, including key phases of a sales cycle, steps to shorten your sales cycle, & sales cycle vs. sales funnel.

Sales Cycle

No Cold Calls

Learn about no cold calls, including alternatives to cold calling, strategies for warm outreach, & enhancing customer relationships without cold calls.

No Cold Calls

Freemium Models

A freemium model offers a product's basic features for free, enticing users to upgrade to a paid version for more advanced capabilities.

Freemium Models

Latency

Learn about latency, including impact on outbound marketing, key metrics, ways to measure, strategies to reduce latency, & best practices.

Latency

Forecasting

Forecasting uses historical data to make informed predictions about future trends, helping businesses anticipate outcomes and plan accordingly.

Forecasting

Gated Content

Gated content is premium online material, like an ebook or webinar, that users can only access after providing their contact information.

Gated Content

Request for Proposal

Learn about request for proposal, including crafting a winning RFP, key elements of an effective RFP, & RFP vs. RFQ.

Request for Proposal

Marketo

Learn about Marketo, including how Marketo works, benefits of using Marketo, key features of Marketo, & Marketo best practices.

Marketo

Dynamic Territories

Dynamic territories are fluid sales assignments that adjust based on real-time data, ensuring reps can focus on the highest-value accounts.

Dynamic Territories

Total Addressable Market (TAM)

Learn about total addressable market (TAM), including definition, calculation methods, key benefits, how it impacts business strategy, and practical examples.

Total Addressable Market (TAM)

Firewall

A firewall is a digital barrier that protects a network by monitoring and controlling traffic, blocking unauthorized access and malicious content.

Firewall

Warm Calling

Learn about warm calling, including strategies for effective warm calling, benefits of warm calling in sales, & warm calling vs. cold calling: an overview.

Warm Calling

Customer Experience

Customer experience (CX) is a customer's total perception of your business, based on every interaction across the entire customer lifecycle.

Customer Experience

Consumer Relationship Management

Consumer Relationship Management (CRM) is a strategy for managing all of a company's relationships and interactions with its customers.

Consumer Relationship Management

Horizontal Market

A horizontal market is one where a product or service is designed to meet a common need for a wide array of customers, regardless of their industry.

Horizontal Market

Total Audience Measurement

Learn about total audience measurement, including key components of total audience measurement, & benefits of adopting total audience measurement.

Total Audience Measurement

Net 30

Learn about Net 30, including advantages of utilizing Net 30, implementing Net 30 in your business, & Net 30 vs. immediate payment terms.

Net 30

Sales Enablement Content

Learn about sales enablement content, including crafting compelling sales enablement content, & essential components of effective sales content.

Sales Enablement Content

Regression Testing

Learn about regression testing, including benefits of regression testing, how to perform regression testing, & types of regression testing.

Regression Testing

High Availability

High availability (HA) describes a system's capacity to function continuously with minimal downtime, ensuring consistent operational performance.

High Availability

Stakeholder

Learn about stakeholder, including identifying stakeholders, roles & responsibilities of stakeholders, & stakeholder engagement strategies.

Stakeholder

Discount Strategies

Discount strategies are pricing tactics used to attract customers and boost sales by temporarily reducing the price of products or services.

Discount Strategies

User-generated Content

Learn about user-generated content, including how to leverage user-generated content, & benefits of user-generated content.

User-generated Content

Psychographics

Learn about psychographics in marketing, including understanding it, crafting psychographic profiles, & psychographics vs. demographics.

Psychographics

Lead Scoring

Learn about lead scoring, including importance of lead scoring, lead scoring techniques, & benefits of implementing lead scoring.

Lead Scoring

Programmatic Advertising

Learn about programmatic advertising, including how programmatic advertising works, & key benefits of programmatic advertising.

Programmatic Advertising

Inside Sales Rep

Learn about inside sales rep, including characteristics of effective inside sales reps, & skills required for inside sales success.

Inside Sales Rep

Product Champion

Learn about product champion, including identifying potential product champions, & cultivating a product champion mindset.

Product Champion

Bottom of the Funnel

Learn about bottom of the funnel, including maximizing conversions at the funnel's end, & strategies for nurturing bottom-funnel leads.

Bottom of the Funnel

Video Hosting

Learn about video hosting, including benefits of video hosting, choosing the right video hosting platform, & video hosting vs. traditional web hosting.

Video Hosting

Warm Email

Learn about warm email, including crafting effective warm emails, criteria for selecting recipients, & warm email vs. cold email: key differences.

Warm Email

Draw on Sales Commission

A draw on commission is an advance payment a salesperson receives against future earnings, which is later repaid from earned commissions.

Draw on Sales Commission

Hybrid Sales Model

Learn about hybrid sales model, including benefits of a hybrid sales model, implementing a hybrid sales approach, & hybrid vs. traditional sales models.

Hybrid Sales Model

SDK

Learn about SDK, including how SDKs drive business success, benefits of using SDKs, different types of SDKs, & effective SDK implementation strategies.

SDK

Predictive Customer Lifetime Value

Learn about predictive customer lifetime value, including benefits of predictive CLV, & calculating predictive CLV: a step-by-step guide.

Predictive Customer Lifetime Value

Account-Based Analytics

Account-Based Analytics measures engagement and impact across target accounts, not just individual leads, to guide B2B sales and marketing efforts.

Account-Based Analytics

Average Revenue per User

Average Revenue per User (ARPU) is a key performance indicator that calculates the average revenue generated from each user or subscriber.

Average Revenue per User

Shipping Solutions

Learn about shipping solutions, including how shipping solutions work, benefits of shipping solutions, & shipping solutions best practices.

Shipping Solutions

Account-Based Marketing Benchmarks

Account-Based Marketing (ABM) benchmarks are key metrics used to measure the performance and success of your targeted account strategies.

Account-Based Marketing Benchmarks

Outside Sales

Learn about outside sales, including strategies for successful outside sales, benefits of employing outside sales, & comparing inside and outside sales.

Outside Sales

Dark Social

Dark social is the sharing of content through private channels like messaging apps or email. This traffic is hard to track as it lacks referral data.

Dark Social

Customer Data Platform (CDP)

A Customer Data Platform (CDP) centralizes customer data from all sources to create a complete, unified profile for each individual customer.

Customer Data Platform (CDP)

Version Control Systems

Learn about version control systems, including understanding version control systems, benefits of using version control, & types of version control systems.

Version Control Systems

Sales Strategy

Learn about sales strategy, including developing a successful sales strategy, key components of sales strategy, & sales strategy vs. sales tactics.

Sales Strategy

Buying Criteria

Buying criteria are the specific requirements and standards a customer uses to evaluate products or services before making a decision.

Buying Criteria

Talk Track

Learn about talk track, including crafting an effective talk track, key elements of a talk track, & talk track vs. script: understanding the difference.

Talk Track

Subject Matter Expert

Learn about subject matter expert, including roles and responsibilities of a subject matter expert, & importance of a subject matter expert in business.

Subject Matter Expert

After-Sales Service

After-sales service is the support provided to customers after they've purchased a product. It includes things like warranties, training, or repairs.

After-Sales Service

Sales Quota

Learn about sales quota, including setting sales quotas: best practices, types of sales quotas explained, & achieving your sales quota: strategies.

Sales Quota

Webhooks

Learn about webhooks, including intro to webhooks benefits, setting up webhooks successfully, common webhooks use cases, & webhooks best practices.

Webhooks