Glossary
Operational Efficiency
Optimising processes to maximise productivity and minimise waste.
Defination
Operational Efficiency involves streamlining workflows, reducing redundancies, and leveraging technology to achieve better results with fewer resources. By analysing and refining processes, businesses can enhance productivity, cut costs, and improve overall performance. This focus on efficiency not only boosts profitability but also supports sustainability, as organisations deliver higher value to customers while minimising environmental and financial waste.
Hyperlocal Targeting
Marketing strategies aimed at a very specific geographic area.
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Engagement Funnels
A series of steps designed to turn website visitors into loyal customers.
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Gamification
Incorporating game-like elements into non-game contexts to engage users.
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