Brandformance
Merging the words “branding” and “performance”, brandformance is the idea that campaigns can (and should) be designed with the focus of establishing brand identity AND exceeding performance targets — i.e. building campaigns that work smarter across the funnel.
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Branding
What makes a business memorable — its DNA. A combination of design, mission + other elements to showcase what a brand does, who it serves and why it exists. Those with unique branding have an edge over their competitors.
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Budget
You guessed it: a tool to help us plan spending and investment accordingly to ensure a company is not over-spending and making a profit. If you don’t have one, you need one.
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Budget Allocation
The process of distributing hard-earned cash to various projects or activities that will positively impact the business. Effective budget allocation will prioritize certain objectives and ensure that resources are used efficiently.
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Budget Variance
Over or under? The difference between the actual amount spent or earned and its budgeted amount for a time period vs. what was planned. Positive variance means that actual revenue or spending is higher than planned, and vice versa.
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Budgetary Slack
Intentional cushion for expenses or revenues in a budget. It can help in a pinch with unexpected expenses or help achieve targets more easily — but it can also lead to misallocation.
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Buyer Persona
A semi-fictional representation of an ideal customer based on research and data.
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CTV Ads
AKA Connected TV ads — video ads that are delivered via a streaming service while users are watching content. What's the big deal? Most ad platforms weren't built to handle the complexity that effective CTV advertising requires — with advertisers needing the capability to incorporate a combination of contextual placement and audience-based targeting.
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CX
Short for customer experience, CX is the overall experience and impression a customer has of your brand after interacting through the buyer journey.
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Call to Action (CTA)
A prompt encouraging users to take a specific action.
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CapCut
Owned by TikTok’s parent company ByteDance, CapCut is a video editing app with easy-to-use templates. In recent months, CapCut templates have been blowing up on TikTok, and we can’t get enough!
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Challenger Brand
A brand that disrupts an industry — forcing larger players in the space to shift the way they do business.
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Channel Mix
The combination of channels a brand or company uses to communicate their messaging to their audience.
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Churn Rate
The percentage of customers who stop using a product or service.
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Click-through Rate (CTR)
The percentage of people who click on an ad or link.
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Community
Can’t have a brand without it. The goal of building community not only fosters brand loyalty, but gives you the opportunity to tap into the perspective of the people that matter most — your customers! P.S. We LOVE our Breef community!
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Community Management
A full-time job — literally. Building + growing an authentic online community around a brand or a cause. This community usually comprises customers, partners and even employees. TL;DR: Community is crucial when prioritizing brand transparency + authenticity.
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Competitor Analysis
Evaluating competitors’ strategies, strengths, and weaknesses.
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Content Marketing
Creating and sharing valuable content to attract customers.
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Content Shock
The idea that there is more content being created than humans are able to consume, i.e. people simply can't absorb past a certain amount of information. This is where quality vs. quantity comes into play — make sure what you're putting out is memorable!
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Content Strategy
Planning and managing content to achieve business goals.
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Content Studio
Content studios produce promotional and informational material tied to a brand's vision and story. Content might include videos, short films and virtual reality, among other media.
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Conversion
Getting your customer to do something...most of the time a sale (that makes you money). In short, it’s driving consumers to respond to your call-to-action.
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Cookie Deprecation
This year, Google Chrome is phasing out third-party cookies — resulting in marketers scrambling to identify alternative data solutions. The solution rising to the top of discussions? Old-school IP addresses.
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