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GLOSSARY


0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



Name Brand
A product, service, or organization that is widely recognized.


Neologism
A word coined, or a phrase created, that can serve as a brand name.


Net Cost
The price of placing an ad that an advertisement agency pays.


Network Effect
A trend where a service becomes more attractive to a customer based on the amount of customers using it.


New Luxury
Goods and services that deliver higher quality and/or superior performance at a premium price.


Niche Marketing
A marketing approach that emphasizes high prices rather than high sales by advertising to specific subgroups. Niche marketing targets specific demographics who are more likely to purchase a product or service and focuses its efforts on those populations.