Dictionary of terms in advertising, marketing, and PR. Part 22 / Top SMM Panel US

Dictionary of terms in advertising, marketing, and PR. Part 22

Dictionary of terms in advertising, marketing, and PR. Part 22

 
 

SMM Panel

Dictionary of terms on advertising, marketing, and PR. Part 22. Find out the meanings of the words - Color separation, Target audience, Target market, Price elasticity.


Dictionary of marketing and advertising terms

  • Color separation β€” the process of separating a color image into 4 primary (for full-color printing) colors - Cyan, Magenta, Yellow, Key (Black) - CMYK.
  • Target audience β€” a specific group of people consisting of potential consumers of a product (buyers and clients) to whom an advertising message is directed.
  • Target market β€” the market selected as a result of market research of a particular product or service, characterized by minimal marketing expenses and ensuring the main share of the company's activities results.
  • Price elasticity β€” a measure of the sensitivity of demand to changes in price.

 

About the Author

 

Mark Korelenko - SMM Panel US Author

 

  • Name: Mark Korelenko
  • Position: Copywriter, Publicist
  • Contact: info@smmpanelus.com
  • About Me: Born and residing in Switzerland. I work as a copywriter for SMM Panel SmmPanelUS, and I am a publicist and author of articles with 15 years of experience in copywriting and creating original, unique content. I am passionate about creating interesting and informative articles on the topic of SMM. In my free time, I enjoy playing tennis and reading books on psychology.

 

  
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