Glossary V
Value-based pricing
A pricing strategy that sets prices based on the perceived value of a product or service to the customer.
Value drivers
The factors that influence the perceived value of a product or service to customers.
Value proposition
A statement that communicates the unique value of a product or service to customers.
Value proposition development
The process of creating a clear and compelling statement that communicates the unique value of a product or service to customers.
Version control system (VCS)
A software tool that tracks changes to code and enables collaboration among developers.
Video conferencing
A communication technology that allows people to hold virtual meetings and conferences via video and audio.
Video marketing
The use of video content to promote a product or service, increase brand awareness, and engage with customers.
Viral Marketing
A marketing technique that uses social media and other online platforms to spread information quickly and widely through word-of-mouth.
Virtual assistants
AI-powered software programs that can perform tasks and provide assistance to users.
Virtual Coaching
Online coaching sessions that provide guidance and support for professional development.
Virtual collaboration environment
A digital workspace that facilitates communication and collaboration among remote team members.
Virtual collaboration tools
Software applications that enable remote teams to work together on projects in real-time.
Virtual currency
Virtual currency – Digital currency used in online transactions and gaming.
Virtualization
The process of creating a virtual version of a hardware or software system.
Virtualization technology
The use of software to create virtual versions of hardware or operating systems.
Virtual machines
A software program that emulates a physical computer, allowing multiple operating systems to run on one machine.
Virtual Private Network (VPN)
A secure, encrypted connection between two or more devices over the internet, often used to access a private network from a remote location.
Virtual team communication
The use of technology to facilitate communication and collaboration among remote team members.
Virtual Teams
Teams that work together remotely using technology to communicate and collaborate.
Virtual users
Simulated users used in software testing or performance testing.
Virtual whiteboards- Online collaboration tools where multiple users can draw write type add images videos notes comments etc on one shared digital canvas
Online collaboration tools where multiple users can draw, write, type, add images, videos, notes, comments, etc. on one shared digital canvas.
Visual appeal
The attractiveness of a website’s design and layout.
Visual Design
The use of color, typography, and layout to create an aesthetically pleasing and effective design.
Visual hierarchy
The arrangement of design elements in order of importance to guide the viewer’s attention.
Visualization tools
Software tools used to create visual representations of data or information.
Visual storytelling
The use of visual elements to tell a story or convey information.
Voice assistants
Digital assistants that use voice recognition technology to perform tasks and answer questions.
Voice of customer (VOC)
The process of gathering and analyzing customer feedback to improve products and services.
Voice Recognition
Technology that identifies and interprets spoken words.
Voice-to-text conversion tools
Software that converts spoken words into written text.
Vulnerability assessments
The process of evaluating the security of a system or network by identifying potential vulnerabilities and assessing their severity.
Vulnerability management
The process of identifying, prioritizing, and addressing security vulnerabilities in a system or network.
Vulnerability scanning
The process of identifying and assessing potential security vulnerabilities in a system or network.