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Academic IELTS (Band 6-7) - Marketing

Here, you will learn some English words related to Marketing that are necessary for the Academic IELTS exam.

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Vocabulary for Academic IELTS (6-7)
logo

a symbol or design used to represent a company or organization

[noun]
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spam

unwanted or irrelevant online advertisements sent to many people

[noun]
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analytics

the systematic analysis of data or statistics to gain insights or inform decision-making

[noun]
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transaction

the general process of purchasing or selling something

[noun]
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monopoly

a situation in which one organization or entity exclusively controls the production, distribution, or trade of a product or service, making other rivals unable to compete

[noun]
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sponsorship

the act of supporting or financing an individual, group, event, or activity, typically in exchange for advertising, promotion, or recognition

[noun]
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wholesale

the process or activity of selling goods in large quantities to businesses at a lower price

[noun]
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stakeholder

an individual or group with an interest in the success of an organization, project, or initiative

[noun]
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inventory

a detailed list or record of all the items or goods in stock or on hand within a particular location, organization, or system

[noun]
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trade fair

an event where companies showcase their products and services to potential customers, partners, and industry professionals

[noun]
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to launch

to make a new product or provide a new service and introduce it to the public

[Verb]
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franchise

a permission granted to a person or group by a government or company that enables them to sell their services or products in a specific area

[noun]
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to campaign

to promote or advertise something, typically in a sustained and organized way

[Verb]
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