Money & Work
Marketing
Make people want things, ethically
Novice
Money & Work
Make people want things, ethically
Novice
Subdomain
The basic building blocks: product, price, place, promotion, and the customer at the centre. Strip the jargon and marketing is just matching what you sell to who wants it.
The 4 Ps
A four part checklist for any marketing decision: what you make, what you charge, where you sell it, and how you tell people.
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Conversion funnels
A conversion funnel is the count of people at each stage of a buying journey, from first visit to paid customer, so you can see exactly where they drop off.
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AIDA model
A classic four-stage model of how a buyer moves from first noticing a product to acting on it: Attention, Interest, Desire, Action.
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Funnel vs flywheel
Two contrasting growth models: the funnel pushes prospects one-way from awareness to purchase, the flywheel reinvests each customer's success into new prospect acquisition.
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Positioning
Owning one clear idea in the customer's mind.
CAC
Customer Acquisition Cost, total cost to land one paying customer.
LTV
Lifetime Value, total gross profit a customer brings over their lifetime with you.
Jobs-to-be-Done (JTBD)
The frame that buyers hire products to do a job in their life.
Mental availability
How easily the brand comes to mind in a buying moment.
Physical availability
How easily the brand can be bought, distribution, shelf, search results.
Distinctive asset
A logo, colour, sound, character that's owned and recognisable in 200ms.
Funnel
A model of prospect drop-off from awareness to purchase (e.g. AIDA).