Spirits Corporate Dictionary
A
-
Literally Advertising and Promotion Budget, sometimes also referred to as ANP, Advertising ‘n’ Promotion. This is the amount of money a brand will allocate for its advertising and promotions in a year. It is defined at various levels, global brand, per country, per channel, all the way down to how much they will spend in your account.
Example of use: ‘The A&P Budget may increase next year for a brand because there is an opportunity to invest in a new brand innovation.’
Indie Bartender understanding: The pot of money which brands use to pay marketing activities like those we bartenders conduct – financing cocktail lists, brand ambassador fees, perfect serves …
-
A brand financed activity designed to reach defined objectives required by the brand.
Example of use: ‘Activation are the projects that marketing bring to life to support the brand and they may come in many shapes and forms to communicate brand product specifics, brand origin, brand image, or also to push innovation or sales or a brand launch.’
Indie Bartender understanding: ‘An activation is what the brand manager spends part of their money on.’
-
Literally Above-the-Line – The line is the theoretical median above which marketing activities create desire and build on image. An ATL strategy develops brand image which then has an effect on sales because people feel good about it … but it takes a long time.
Example of Use: ‘Advertising on TV is a big part of our ATL strategy. ‘
Indie Bartender understanding: There’s this ficticious line in marketing above which anything brands do is supposed to drive long term brand image development and then growth. No-one’s ever seen the line but marketeers and brands can talk about it all day!
-
A&P
ACTIVATION
ATL -
BENCHMARK
BTL
BRAND
BRAND AMBASSADOR
BRAND BUILDING
BRAND OWNER -
CAAP
CASH & CARRY
CHANNELS
CLIENT
COGS
COMMERCIAL AGREEMENTS
CONSUMER
CONSUMER A&P
CONSUMER RESEARCH
CONTRIBUTION
CUSTOMER -
DEPLETIONS
DISTRIBUTION
DOMESTIC MARKET
DUTY-FREE MARKET -
-
GLOBAL
GROWTH PILLARS -
-
-
LISTING
LISTING FEES
LOCAL
LOYALTY -
MARTKETING MIX
MEANINGFUL
MEDIA SPEND
MULTIPLE PUB OPERATORS
-
NET SALES VALUE
NIELSEN -
OBJECTIVE
OFF-TRADE
ON-TRADE
ON-TRADE SEGMENTATION -
POINT OF SALE
POINTS OF DIFFERENCE
PORTFOLIO
PORTFOLIO STRATEGY
PREMIUM
PRICE
PRICE OFF
PROMOTION STRATEGY -
RETAIL
RRSP -
SALIENCY
SERVE
SHIPMENTS
SWOT -
TASTINGS
TRADE A&P -
VENUES & OUTLETS
VISIBILITY
VOLUME -