100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CM1 Assessment Questions with Correct Answers. $15.99   Add to cart

Exam (elaborations)

CM1 Assessment Questions with Correct Answers.

 6 views  0 purchase
  • Course
  • RCTX
  • Institution
  • RCTX

CM1 Assessment Questions with Correct Answers.

Preview 2 out of 9  pages

  • October 9, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • RCTX
  • RCTX
avatar-seller
cracker
CM1 Assessment Questions with Correct Answers
Consumer/Customer Insights Correct Answer-At the heart of marketing.


Conversion Funnel Correct Answer-A framework that helps marketers
understand the customer's journey or experience with their brand. There
are six stages of a conversion funnel are: Awareness, Consideration,
Comparison, Conversion, Retention, Referral/Advocacy


Lead Correct Answer-A prospective customer. A qualified lead is a
prospective customer who has shown intent to purchase or has requested
additional information.


Awareness Correct Answer-A potential customer is just learning about
your brand/company and you need to actively engage them.


Consideration Correct Answer-The potential customer is willing to
consider your product/service


Comparison Correct Answer-The potential customer is evaluating your
brand/company against competitors


Conversion Correct Answer-The potential customer makes a purchase
and becomes an actual customer


Retention Correct Answer-Your customer has repurchased your
product/service

, Referral/Advocacy Correct Answer-Your customer becomes an
advocate for your brand


Persona Correct Answer-A written description of a brand's ideal
customer, informed by quantitative and qualitative data. A persona
typically includes details like demographic information, behavioral
information, and motivations/goals.


Audience Segmentation Correct Answer-The process of dividing groups
according to shared characteristics. Some examples of audience
segmentation include: Behavioral, Attitudinal, Geographic, and
Demographic


Positioning Correct Answer-A way to distinguish a product or
organization in the minds of their ideal customers. "What a product
does, and who it is for"


Unique Selling Proposition Correct Answer-A type of positioning that
focuses on a specific factor or consideration that differentiates a product
or organization.


Market Research Correct Answer-Valuable information that marketers
collect and analyze to better understand their customers and how their
product or organization fits their needs. Market research can include:
primary research data and secondary research data.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller cracker. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81989 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.99
  • (0)
  Add to cart