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New Marketing Buzzwords of 2021 Every Marketer and Business Owner Should Know

For most business owners and marketers, the year 2020 was a year filled with surprises. The impact of the COVID-19 pandemic has affected consumer behaviors, forcing retail brands and other businesses to modify their marketing campaigns. But as we enter 2021, entrepreneurs and marketers need to stay relevant to drive more customers and increase sales.

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What is marketing?

Traditional Marketing: The Timeless Strategies

In today’s digital age, numerous enterprises utilize Internet-based solutions for almost every marketing need. But, while it’s true that the new media is indeed highly effective in boosting business communication strategies, traditional means of advertising also yield promising results.

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What does FBIQ mean?

FBIQ means Facebook IQ

FBIQ is a useful resource with information for brands, organizations and marketers in general. FBIQ should help in understanding people better by means of insights and data analysis. The information is therefore divided into categories. For example, you can see how people celebrate a particular holiday, or how a season is experienced. But one also gives numbers that show how Facebook does it. It thus provides information about Facebook, but also about the users of Facebook, and that is weather information that can be used for marketing purposes. View and read more at FBIQ.

What does SMP mean?

SMP means Social Marketing Platform

The SMP will inspire marketers within the DDMA to use social media optimally. Knowledge and cases will be distributed within the SMP, and a code of conduct will be established. The social media Professionals Association originated in 2008 and wanted to become a point of contact for social media & marketing. This is possible with the integration within the DDMA and the development of the SMP.

What does LBS mean

LBS means Location Based Services

With LBS, it is about services that provide information about a user's current location. Often it is a smartphone with GPS that transmits its location (whether or not at the user's request), but often it also goes through the position of the GSM Zend Master. The idea is that a user himself indicates where he is (see also Foursquare) and thus gets information that is of interest to him at that time. Especially marketing people see a lot of added value here because they can try to get customers into the store.