ch.1 Flashcards

1
Q

what is digital marketing?

A

interactive exchange of value, create meaningful benefits for consumers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

business strategy challenges?

A

1- environment (PESTLE)
2- business (what the brand stands for, ideas, what does it mean)
3- customers (clear picture of your customers based on market research)
4- competitors ( innovations, potential replacement)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

what are the marketing strategy building blocks?

A

1- Porter’s five forces
2- 4 P’s
3- SWOT analysis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

what are Porter five forces?

A

1- power of supplier
2- power of customers
3- threat of new entrants
4- threat of substitutes
5- competitive rivaley

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

how to craft a digital marketing strategy?

A

1- context
2- value exchange
3- objectives
4- tactics
5- ongoing optimization

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

what are the characteristics of context?

A

1- PESTLE
2- who is your brand and why does it matter
3- who are your customers and what are their needs
4- competitors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

characteristics of value exchange?

A

content marketing, valuable information and Entertaiment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

characteristics of objectives?

A

objectives must be SMART
S for specific
M for measurable
A for attainable
R for realistic
T for time bound

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

what are tactics?

A

tools to meet objectives

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

what are the KPI’s?

A

metrics to measure whether tactics are meeting objectives

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

what is the target?

A

values set for the KPI’s

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

types of tactics?

A

1- SEO, customer retention & Acquistion
2- search advertisements
3- online ads
4- affiliate marketing
5- video marketing
6- social media
7- emails

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly