WHAT’S IN AND WHAT’S NOT
WHAT’S IN
Account based marketing: see Account management
AAR model
Account management
Advertising
AIDA
Ansoff and his matrix
Audit (The market audit)
B-to-B: see Business-to-business marketing
Behavioural insights for marketing
Bellwether markets: see Diffusion of innovation
Blueprinting
Boston Matrix
Brands
Business-to-business marketing
Brand valuation: see Brand
Buyer behaviour: see Consumer behaviour or Organizational buying behaviour
Buzz: see Viral marketing
Campaign: see Marketing communication
Category management
Celebrity endorsement
Customer experience management: see Service quality
Channels of distribution
Channel strategy: see Channels of distribution
Closing techniques
Cognitive dissonance: see Behavioural aspects of marketing
Collateral; see Packaging
Co-creation of products and services: see Innovation management
Conjoint research: see Research
Communication: see Marketing communication
Competitive strategy
Concept testing: see Research
Conjoint research: see Research
Consumer behaviour
Contact audit
CRM: see Loyalty
CSR, Corporate social responsibility
Customer experience management: see Service quality
Customer journey: see Blueprinting and Service quality
Customer Value: see Value propositions
Cultural variations
Decision-making unit (DMU)
Differentiation
Diffusion of innovations
Digital marketing
Direct marketing
Directional policy matrix
Entertaining customers: see Hospitality
Event marketing: see Sponsorship
Experience curves: see Boston Matrix
Features analysis
Four Ps: see Marketing mix
Gap Model
GE/McKinsey matrix: see Directional policy matrix
Globalization of markets
Growth/share matrix: see Boston Matrix
Hospitality and customer entertainment
IMC: see Marketing communication
Innovation management
Intangibility: see Services marketing
Integrated marketing communication: see Marketing communication
Internal marketing
International Marketing
Latent markets: see Market maturity
Lifetime value: see Relationship marketing, Loyalty, and Service quality
Loyalty
Market audit: see Audit
Market definition
Market maturity
Market myopia: see Market definition
Market share
Marketing communication
Marketing concept
Marketing management
Marketing measurement
Marketing mix
Marketing plans and planning
Marketing strategy
Mass customization: see Relationship marketing
Mavens: see Diffusion of innovations, Viral marketing.
Maslow’s hierarchy of needs: see Behavioural aspects of marketing
Media: see Marketing communication
Micro marketing: see Category management
Molecular modelling
Network marketing: see Relationship marketing, Viral marketing
NPD/NSD (New product design/New service design)
Organizational buying behaviour
Organizational competence in marketing
Packaging
Perceptual maps: see Positioning
PEST: see Market audit
Pestel: see Market audit
Pipeline management
PLC: see Product life cycle
Porter’s competitive forces
Portfolio analysis and managment
Positioning
Post purchase distress
Pricing
Prospects: see Pipeline management
Product life cycle (PLC)
Public Relations (PR)
Relationship marketing (RM)
Repositioning
Research
Sales and selling
Scenario planning
Sector marketing
Segmentation
Service quality
Services marketing
Seven Ps: see Marketing mix and Services marketing
Solutions marketing
Sponsorship
STP: see Positioning
Thought leadership
Value propositions
Viral marketing
WHAT’S NOT
Beak even analysis: a financial method of estimating when a business initiative might return more to the company than its costs.
Belbin’s team roles: (but see Marketing management). A method of identifying the way individuals behave in teams.
Brand valuation techniques: (but see Brand).
Business process re-engineering: (but see Thought leadership). A rather faddish idea which argued for the re-configuration of operational processes.
Business vision: a method of setting the strategic intent of a company.
Core competence: a corporate strategy and operational concept which encourages executives to focus on what their organization excels at.
Corporate strategy: Method of setting direction for the entire firm. Needs to inter-relate with market analysis and marketing strategy.
Customer journey: (but see Service quality). A service quality concept, popular in financial services companies, which focuses attention on customers’ experiences.
Critical success factors: (but see Competitive strategy). A method of identifying important competitive issues that executives should focus on.
Discounted cash flow analysis (DCF): an accounting technique to determine payback on an investment and to decide between alternative uses of capital.
Economies of scale (but see Boston Matrix).
Learning curves (but see Boston Matrix).
Mission statement: A method of setting strategic intent of a company.
Myers Briggs: (but see Marketing management). A respected method of identifying personality traits.
Net promoter: (but see loyalty and service quality). A new approach to the measurement of reputation and service quality, relatively unsubstantiated at the time of writing.
O&M: a rather outdated process design approach (but see blueprinting).
Pareto (but see Account management).
Project management: (but see Marketing management) a well developed method of organizing activities in a one-off management task.
Proprietary tools: there are many good methods and techniques which have been developed by agencies and suppliers and are sold to marketers. This book has omitted the more modern of them because it is difficult to assess how far they are generically applicable.
Return on investment: an accounting term used to understand the returns a business might get from an investment, and used very sloppily by marketers to chat about the value of their activities to their boss.
Shareholder value: a slightly faddish concept pushed by some accountants and economists which is supposed to link the managerial levers of a business to the return to investors. Very suspect because there are so many different variables which affect the value of shares.
Six sigma: (but see Service quality) A newish framework for managing improvements in quality.
Strategic business units (SBUs)
SWOT: a generic, well known management concept to summarize competitive issues.
Total Quality Management (TQM): (but see Service quality). A specific approach to quality management. Some marketing specialists tried to ride the publicity wave associated with this by trying to introduce improvements to marketing management under the term “Total Quality Marketing”. The latter had some merit but appears a little faddish at the time of writing.
Value-based marketing: a rather dubious attempt to attract the attention of senior executives to marketing by connecting the function with the shareholder value fad; unsubstantiated at the time of writing.
Value chain analysis: (but see Competitive strategy). A corporate strategy technique identifying important and unimportant activities in a firm’s processes.