Tools

Product Marketing Glossary

Your reference guide to product marketing terminology. From battle cards to win/loss analysis, find clear definitions for the terms that matter most in product marketing.

A

A/B Testing

A method of comparing two versions of a webpage, app, or marketing material to determine which one performs better based on user behavior and statistical significance.

Related: Conversion Rate, Hypothesis Testing

Acquisition

The process of obtaining new customers through marketing and sales strategies. Often measured by Customer Acquisition Cost (CAC).

Related: Customer Acquisition Cost, Lead Generation

Advocacy Program

A marketing strategy where satisfied customers are encouraged to become spokespeople for your product or brand and recommend them to other prospective customers.

Related: Net Promoter Score, Customer Marketing

Analyst Relations

A strategy where product marketers work alongside external or internal analyst teams (like Gartner or Forrester) to gain insights and influence industry perception.

Related: Thought Leadership, Market Research

Annual Recurring Revenue (ARR)

A metric showing the amount of predictable revenue that comes in each year from subscriptions, memberships, contracts, and other recurring purchases.

Related: Monthly Recurring Revenue, Churn Rate

B

Battle Card

A concise, internal sales document that provides competitive intelligence, objection handling, and key differentiators to help sales reps win deals against specific competitors.

Related: Competitive Intelligence, Sales Enablement

Benchmarking

The practice of comparing your company's performance, processes, or products against competitors or industry standards to identify gaps and opportunities.

Related: Competitive Analysis, Market Research

Beta Program

A pre-release testing phase where select customers use new features and provide feedback before general availability, validating product-market fit.

Related: Product Launch, Early Adopter

Bottom of Funnel (BoFU)

The final stage of the customer journey funnel focused on converting qualified leads into customers through demos, trials, and purchase decisions.

Related: Sales Funnel, Middle of Funnel, Top of Funnel

Brand Identity

The visible elements of a brand including design, logo, color palette, tone of voice, and messaging that distinguish it in consumers' minds.

Related: Brand Positioning, Messaging Framework

Brand Positioning

The process of defining how a brand is perceived in the minds of customers relative to its competitors, establishing a unique place in the market.

Related: Positioning, Value Proposition

Business to Business (B2B)

A business model and marketing strategy focused on selling products or services to other businesses rather than individual consumers.

Related: Business to Consumer, Enterprise Sales

Business to Consumer (B2C)

A business model and marketing strategy focused on selling products or services directly to individual end consumers.

Related: Business to Business, Consumer Psychology

Buyer Persona

A semi-fictional representation of an ideal customer based on market research and data, including demographics, goals, challenges, and buying behaviors.

Related: Ideal Customer Profile, Customer Journey

C

Case Study

A detailed account of how a customer used a product to solve a problem and achieve measurable results, used as social proof in marketing and sales.

Related: Customer Story, Social Proof

Churn Rate

A metric measuring the percentage of customers who stop using your product or cancel their subscription over a specific time period.

Related: Customer Retention, Customer Lifetime Value

Competitive Analysis

The process of identifying and evaluating competitors to understand their strengths, weaknesses, products, and market strategies.

Related: Competitive Intelligence, SWOT Analysis

Competitive Intelligence

The systematic collection and analysis of information about competitors, including their products, pricing, positioning, and go-to-market strategies.

Related: Battle Card, Win/Loss Analysis

Content Marketing

A strategic approach focused on creating and distributing valuable, relevant content to attract and retain a defined audience and drive profitable customer action.

Related: Demand Generation, Thought Leadership

Conversion Rate

The percentage of users who take a desired action, such as signing up, making a purchase, or completing a form, out of total visitors.

Related: A/B Testing, Sales Funnel

Customer Acquisition Cost (CAC)

The total cost associated with acquiring a new customer, including marketing, sales expenses, and overhead divided by number of new customers.

Related: Customer Lifetime Value, ROI

Customer Journey

The complete experience a customer has with a company, from initial awareness through purchase and ongoing relationship, often mapped to identify touchpoints.

Related: Journey Mapping, Customer Touchpoint

Customer Lifetime Value (CLV/LTV)

A metric that predicts the total revenue a business can expect from a single customer account throughout their entire relationship.

Related: Customer Acquisition Cost, Churn Rate

Customer Marketing

Marketing activities and campaigns aimed at existing customers to increase retention, upsells, cross-sells, and advocacy.

Related: Customer Retention, Advocacy Program

Customer Onboarding

The process of helping new customers get started with your product, understand its value, and achieve their first success milestone.

Related: Time-to-Value, Customer Success

Customer Retention

Strategies and tactics used to keep existing customers engaged, satisfied, and loyal to the product or brand over time.

Related: Churn Rate, Customer Lifetime Value

Customer Story

A narrative-driven piece of content highlighting a customer's experience and success with a product, often more emotional than a traditional case study.

Related: Case Study, Testimonial

D

Demand Generation

Marketing programs and tactics designed to create awareness and interest in a product, driving qualified leads into the sales funnel.

Related: Lead Generation, Content Marketing

Differentiation

The distinct features, benefits, or characteristics that set a product apart from competitors and provide unique value to customers.

Related: Positioning, Unique Selling Proposition

Discovery Call

An initial sales conversation focused on understanding a prospect's needs, pain points, goals, and buying process to qualify the opportunity.

Related: Sales Enablement, Talk Track

E

Early Adopter

Customers who embrace new products before the majority of the market, often providing valuable feedback and serving as references.

Related: Beta Program, Product-Market Fit

Enterprise Sales

The process of selling products or services to large organizations, typically involving longer sales cycles, multiple stakeholders, and higher contract values.

Related: B2B, Sales Cycle

F

Feature Set

The collection of features and functionalities that make up a product, defining its capabilities and value proposition to customers.

Related: Product Differentiation, Product Roadmap

Feature-Benefit Selling

A sales technique that connects product features to specific customer benefits, showing how capabilities solve problems or create value.

Related: Value Proposition, Sales Enablement

Funnel

A model representing the customer journey stages from awareness to purchase, typically visualized as narrowing at each stage as prospects drop off.

Related: Top of Funnel, Bottom of Funnel, Sales Funnel

G

Go-to-Market Strategy (GTM)

A comprehensive plan for launching a product or entering a market, including target audience, messaging, channels, pricing, and sales strategy.

Related: Product Launch, Market Segmentation

Growth Hacking

Innovative, low-cost marketing strategies aimed at achieving rapid growth, often using creative experimentation and data-driven tactics.

Related: Product-Led Growth, Viral Marketing

H

Hypothesis Testing

A method of testing assumptions about a product's market fit, features, or marketing strategies through controlled experiments and data analysis.

Related: A/B Testing, Market Research

I

Ideal Customer Profile (ICP)

A description of the company or account type that would benefit most from your product, including firmographic attributes like industry, size, and technology stack.

Related: Buyer Persona, Target Market

Influencer Marketing

Leveraging individuals with influence over a target audience (industry experts, social media personalities) to promote a product or service.

Related: Thought Leadership, Brand Awareness

J

Journey Mapping

Creating a visual representation of the customer's experience with a product or service, highlighting key touchpoints, pain points, and opportunities.

Related: Customer Journey, Customer Experience

K

Key Performance Indicators (KPIs)

Specific, measurable metrics used to evaluate the success of a product, campaign, or marketing initiative against defined objectives.

Related: Metrics, ROI

L

Launch Tier

A classification system (typically Tier 1, 2, 3) that determines the level of marketing investment and activities based on the strategic importance of a product release.

Related: Product Launch, Go-to-Market Strategy

Lead Generation

The process of attracting and converting prospects into potential customers through content, advertising, events, or other marketing tactics.

Related: Demand Generation, Marketing Qualified Lead

Lead Nurturing

Building relationships with potential customers by providing relevant information and guiding them through the sales funnel until they're ready to buy.

Related: Lead Generation, Marketing Automation

M

Market Landscape

A comprehensive view of all players in a market segment, including direct competitors, adjacent solutions, and emerging disruptors.

Related: Competitive Intelligence, Market Research

Market Research

The systematic gathering, analysis, and interpretation of data about a market, including customer needs, preferences, and competitor activities.

Related: Customer Research, Competitive Analysis

Market Segmentation

Dividing a broad market into smaller, distinct groups based on shared characteristics like demographics, behaviors, needs, or firmographics.

Related: Target Market, Ideal Customer Profile

Market Share

The percentage of total sales in a market captured by a particular company or product, indicating competitive position.

Related: Total Addressable Market, Competitive Analysis

Marketing Mix (4Ps)

The combination of Product, Price, Place, and Promotion used to market a product effectively and reach target customers.

Related: Go-to-Market Strategy, Pricing Strategy

Marketing Qualified Lead (MQL)

A prospect who has shown interest through marketing interactions and meets criteria indicating they're more likely to become a customer.

Related: Sales Qualified Lead, Lead Generation

Messaging Framework

A structured document defining key messages, value propositions, proof points, and tone for consistent communication across all channels.

Related: Positioning, Value Proposition

Middle of Funnel (MoFU)

The consideration stage where prospects evaluate solutions, compare options, and engage with more detailed content like case studies and demos.

Related: Sales Funnel, Top of Funnel, Bottom of Funnel

Monthly Recurring Revenue (MRR)

The predictable revenue a company expects to receive every month from subscriptions, used to track growth and forecast revenue.

Related: Annual Recurring Revenue, SaaS Metrics

N

Net Promoter Score (NPS)

A metric measuring customer loyalty by asking how likely customers are to recommend a product on a 0-10 scale, categorizing them as promoters, passives, or detractors.

Related: Customer Satisfaction, Voice of Customer

O

Objection Handling

Prepared responses and strategies for addressing common buyer concerns, doubts, or pushback during the sales process.

Related: Battle Card, Sales Enablement

Omnichannel Marketing

Providing a seamless and integrated customer experience across multiple channels, including online, mobile, social, and in-person touchpoints.

Related: Customer Journey, Marketing Mix

P

Positioning

The strategic process of defining how a product or brand occupies a distinct place in the minds of target customers relative to competitors.

Related: Value Proposition, Messaging Framework

Pricing Strategy

The method used to set product prices, considering factors like costs, competition, perceived value, and market positioning.

Related: Value-Based Pricing, Marketing Mix

Product Announcement

Official communication of new products, features, or updates through press releases, blog posts, emails, and social media to generate awareness.

Related: Product Launch, Release Notes

Product Launch

The coordinated effort to introduce a new product or feature to the market, including internal enablement, external communications, and demand generation.

Related: Go-to-Market Strategy, Launch Tier

Product Lifecycle

The stages a product goes through from development to decline: introduction, growth, maturity, and decline, each requiring different marketing strategies.

Related: Product Roadmap, Go-to-Market Strategy

Product Roadmap

A strategic plan outlining the vision, direction, priorities, and timeline of product development, shared with internal teams and stakeholders.

Related: Product Lifecycle, Feature Set

Product-Led Growth (PLG)

A business methodology where the product itself drives customer acquisition, conversion, and expansion through self-service and viral features.

Related: Growth Hacking, Freemium

Product-Market Fit

The degree to which a product satisfies strong market demand, indicated by organic growth, high retention, and enthusiastic customer feedback.

Related: Value Proposition, Customer Research

Q

Qualitative Research

Research methods like interviews and focus groups that provide insights into customer behavior, motivations, attitudes, and the "why" behind decisions.

Related: Quantitative Research, Customer Research

Quantitative Research

Research methods involving numerical data from surveys, analytics, and experiments to measure and quantify customer behavior and preferences.

Related: Qualitative Research, Market Research

R

Release Notes

Documentation communicating new features, improvements, and bug fixes to customers, typically published alongside product updates.

Related: Product Announcement, Changelog

Retention Rate

The percentage of customers who continue using a product or service over a specific period, indicating customer satisfaction and loyalty.

Related: Churn Rate, Customer Lifetime Value

Return on Investment (ROI)

A measure of the profitability of an investment or campaign, calculated as net profit divided by the cost of the investment.

Related: KPIs, Customer Acquisition Cost

S

Sales Cycle

The process and timeline from first contact with a prospect to closing the deal, varying in length based on product complexity and deal size.

Related: Sales Funnel, Enterprise Sales

Sales Deck

A presentation used by sales teams to introduce the company, explain product value, address objections, and guide prospects through the buying journey.

Related: Sales Enablement, Value Proposition

Sales Enablement

The process of providing sales teams with the content, tools, training, and information they need to effectively engage buyers and close deals.

Related: Battle Card, Sales Playbook

Sales Funnel

The journey potential customers go through from initial awareness to making a purchase, with stages like awareness, interest, decision, and action.

Related: Customer Journey, Conversion Rate

Sales Playbook

A comprehensive guide documenting sales processes, best practices, talk tracks, objection handling, and resources to standardize selling motions.

Related: Sales Enablement, Talk Track

Sales Qualified Lead (SQL)

A prospect who has been vetted by both marketing and sales, demonstrating clear intent and readiness to have a sales conversation.

Related: Marketing Qualified Lead, Lead Generation

Segmentation

The process of dividing customers or markets into groups based on shared characteristics for more targeted and effective marketing.

Related: Market Segmentation, Target Audience

Social Proof

Evidence that others have purchased, used, and valued a product, including reviews, testimonials, logos, and user counts that influence buying decisions.

Related: Testimonial, Case Study

Software as a Service (SaaS)

A software distribution model where applications are hosted in the cloud and accessed via subscription, rather than installed locally.

Related: Monthly Recurring Revenue, Annual Recurring Revenue

SWOT Analysis

A strategic planning framework identifying Strengths, Weaknesses, Opportunities, and Threats to evaluate competitive position and inform strategy.

Related: Competitive Analysis, Market Research

T

Talk Track

A scripted or semi-scripted conversation guide helping sales reps communicate value propositions and navigate discovery calls consistently.

Related: Sales Playbook, Objection Handling

Target Audience

The specific group of people a product or marketing campaign is designed to reach and appeal to, defined by demographics, behaviors, and needs.

Related: Buyer Persona, Market Segmentation

Testimonial

A quote or statement from a satisfied customer endorsing a product, used to build trust and credibility with prospects.

Related: Social Proof, Case Study

Thought Leadership

Content and activities that establish a person or company as an authority in their field by sharing unique insights, expertise, and forward-thinking perspectives.

Related: Content Marketing, Brand Positioning

Time-to-Value

A metric measuring how quickly a new customer can realize the benefits and value from a product after purchase or signup.

Related: Customer Onboarding, Product-Led Growth

Top of Funnel (ToFU)

The awareness stage of the customer journey focused on attracting prospects through educational content, brand awareness, and lead generation.

Related: Sales Funnel, Middle of Funnel, Demand Generation

Total Addressable Market (TAM)

The total revenue opportunity available if a product achieved 100% market share, used to assess market size and growth potential.

Related: Serviceable Addressable Market, Market Share

U

Unique Selling Proposition (USP)

The single most compelling reason why a product is different and better than competitors, forming the core of marketing communications.

Related: Value Proposition, Differentiation

User Experience (UX)

How a user experiences and interacts with a product, encompassing usability, accessibility, efficiency, and overall satisfaction.

Related: User Interface, Customer Journey

User Interface (UI)

The visual elements and interactive components through which a user interacts with a product, including screens, buttons, and navigation.

Related: User Experience, Product Design

V

Value Proposition

A clear statement explaining how a product solves customer problems, delivers benefits, and why customers should choose it over alternatives.

Related: Positioning, Unique Selling Proposition

Value-Based Pricing

A pricing strategy that sets prices based on the perceived value to the customer rather than cost or competitor pricing.

Related: Pricing Strategy, Value Proposition

Viral Marketing

Marketing techniques that use social networks and word-of-mouth to increase brand awareness rapidly through shareable, engaging content.

Related: Growth Hacking, Social Proof

Voice of Customer (VoC)

The process of capturing customer feedback, expectations, preferences, and pain points to improve products and customer experience.

Related: Customer Research, Net Promoter Score

W

White Paper

An authoritative report or guide that informs readers about a complex issue, presents research, and helps them understand a problem or make a decision.

Related: Content Marketing, Thought Leadership

Win/Loss Analysis

A systematic review of closed deals (won and lost) to understand factors that influenced buying decisions and improve sales and marketing strategies.

Related: Competitive Intelligence, Sales Enablement

Y

Yield Management

Strategies to maximize revenue by dynamically adjusting pricing and inventory based on demand, commonly used in industries with fixed capacity.

Related: Pricing Strategy, Revenue Optimization

Z

Zero Moment of Truth (ZMOT)

The stage in the buying cycle where customers research products online before making a purchase decision, heavily influencing their final choice.

Related: Customer Journey, Content Marketing