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Exam (elaborations)

MGT 6311 Digital Marketing Midterm Questions With Complete Solutions

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MGT 6311 Digital Marketing Midterm Questions With Complete Solutions

Institution
MGT 6311
Course
MGT 6311










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Institution
MGT 6311
Course
MGT 6311

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Uploaded on
August 6, 2024
Number of pages
24
Written in
2024/2025
Type
Exam (elaborations)
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MGT 6311 Digital Marketing Midterm Questions With
Complete Solutions

Marketing Correct Answers The creation and satisfaction of
hh hh



demand for a product or service.

Digital Marketing Correct Answers Utilizing the internet and
hh hh



other digital channels to drive demand for products and services.

Strategy Correct Answers A set of ideas that outline how a
hh hh



product line or brand will achieve its objectives.

Tactic Correct Answers A specific action or method that
hh hh



contributes to achieving a goal.

5 C's Correct Answers Customers, Company, Competitors,
hh hh



Collaborators, Context

Customer Marketing Mode Correct Answers 1)Awareness 2)
hh hh



Interest and Engagement 3) Acquisition 4) Customer
Segmentation 5) Customer Retention 6) Support and Advocacy

Customer Profile / Personas Attributes Correct Answers hh



Demographic Profiling, Geographic Variables, Psychographic
hh



Profiling, Behavioral Variables, RFM

Demographic Profiling Correct Answers Age, gender, marital
hh hh



status, education

Geographic Variables Correct Answers climate, terrain, city
hh hh



size, population density, and urban/rural areas

,Psychographic profiling Correct Answers Lifestyle, values,
hh hh



attitudes, personality

Behavioral Variables Correct Answers Usage rate, brand
hh hh



loyalty, benefit sought

RFM analysis Correct Answers a way of analyzing and ranking
hh hh



customers according to their purchasing patterns: recency,
frequency, monetary

Buyer Journey Correct Answers Discovery
hh hh



Consideration
Decision

Discovery Correct Answers Loosening of the status quo and
hh hh



committing to change

Consideration Correct Answers Exploring possible solutions
hh hh



and committing to a solution

Decision Correct Answers Justifying the decision and making
hh hh



the selection

Marketing Mix- The Five P's Correct Answers Product, Place,
hh hh



Price, Promotions, People

Porter's Five Forces Correct Answers threat of entry, threat of
hh hh



substitute, supplier power, buyer power, and competitive rivalry

, Digital Marketing Strategy Framework Correct Answers 1-
hh hh



Define Digital's Mission
2-Derive the Digital Strategy
3-Derive the Interaction Strategy Across the Customer -
Lifecycle
4- Measure and Improve ROI

Define Digital's Mission Correct Answers Create customers
hh hh



Make more term-18money
Save more money
Satisfy Customers
Grow Customer lifetime value
Increase brand equity

Derive the Digital Strategy Correct Answers -Which presence
hh hh



have priority?(website, mobile, social)
-Which of the five site types apply? (ecommerce, lead gen,
service, content, brand)
-What are your top KPI's and your targets?
-Which channels have priority? (Email, SEM)

Derive the Interaction Strategy Across the Customer -Lifecycle
Correct Answers Promote
hh hh



Persuade
Nurture with Permission and Personalization
Convert to New Customers
Service
Grow Lifetime value
Grow Net Promoters

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