L3 Flashcards
(10 cards)
In order to define an organization’s CRM strategy it is LIST OF 5
- The markets it operates in (regulatory environment, vertical, maturity…)
- The products it sells (virtual vs physical)
- The channels by which it reaches its customers
- Its organizational characteristics in terms size, structure geography and politics
- The customers it has relationships with
Branding vs Customer Marketing (match properly) Part 1 of 2 Branding:
Branding:
-comes first
-get’s a customer’s attention
-drives recognition
-branding long term
Branding vs Customer Marketing (match properly) Part 2 of 2 Customer:
Customer Marketing:
-comes second
-keep their attention
-drives sales
-marketing short-medium-long term
Framework: classifying digital marketing channels (match
properly) List of 3
Earned Media - Sharing
Paid Media - Advertising
Owned Media - Web Properties
Display & Remarketing. What’s the difference? Part 1 of 2 Display Adv
1- Marketer selects a target audience by filtering database with several KPIs and «buying» lookalike audiences on specic marketplace
2- Selected User are then target with an ad relevant to their interest
Display & Remarketing. What’s the difference? Part 2 of 2 Remarketing
1- User visited a specific product page
2- User is then targeted with
a Display ad with the product he saw
Closed Loop Marketing Overview (sort properly)
1- Create Campaings
2- Execute campaign
3- Collect response data
4- Analyse results
5- Generate insights
Campaign Management steps (match left with right column) Part 1 of 3
Identify Target Audience: Who do we want to communicate with? where are they?
Create offerings: It includes selection of media, def of timing, preparation of materials
Prepare to handle responses: Produce enough “response packs” to satisfy demand, Avoid people waiting.
Campaign Management steps (match left with right column) Part 2 of 3
Deliver the Message: Run the Advertising or send the mailing.
Capture responses: Future campaigns will be easier to plan and more likely to succeed if they are based on previous experience
Campaign Management steps (match left with right column) Part 3 of 3
Specify Stages: Objectives have to be specific, measurable, achievable, realistic and timed.
Define Stages: With existing customers sale or commitment may be achieved with one stage.