Glossary
Customer relationship
Internal marketing
E-commerce
Push pull marketing
Paid, owned and earned media
Marketing mix
Traditional marketing
Digital marketing
Big data
Diagnostic analytics
Descriptive analytics
Online market research
Marketing funnel
Buying online decisions
Channel switch
Digital lifestyles
8C model
,Week 1 Chapter 1 in book
What is marketing?
To know and understand the customer so well that the product or service fits
him and sells itself.
The process by which companies create value for customers and build strong
customer relationships in order to capture value from customers in return.
What is digital marketing?
A process in which organisations and existing or potential customers use the
internet to create value and products as well as interchange them, regardless
of the mode of access to the internet (via phone, watch, etc.)
5S model - Cheffey (2015)
1. Sell
2. Speak
3. Serve
4. Save
5. Sizzle
Marketing mix
The mixture of marketing tactics that
helps the organisation in achieving its goal(s).
Marketing mix 4P to 4C:
, Digital marketing in relation to business processes
1. Market sensing
2. Product realisation
3. Customer acquisition
4. Order processing
5. Customer relationship management
The development of digital marketing
Three phases:
- Mass media
- Internet
- Social media
Different collective concepts of media
- Paid of bought media
- Types of media a marketer can buy to create brand awareness
(e.g. online advertising, radio, tv, print).
- Owned media
- Types of media that are available to marketers in which they
autonomously can decide on content (e.g. Website, app, e0mail
newsletters)
- Earned media
- Types of media that a brand ‘earns’ thanks to customers,
journalists, or bloggers or references.
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 aurorevanreeth. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $6.96. You're not tied to anything after your purchase.