2. Digital Consumer Flashcards

1
Q

What are the values of Gen X or when were they born?

A

1970 to 1979 focus on work, life balance, true, friendship, and happiness, reluctant towards regulations

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

What are the values of Millennials and when were they born?

A

1980 to 2000 the self-confident, financially successful, independent, reluctant towards regulation, want freedom, and a comfortable life

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

What are the values of gen Z and when were they born?

A

2000 to 2010, the rely on the potential of new technologies and participate in several products at the same time .digital natives

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

What are the values of baby boomers and When were they born?

A

1946 to 1969 focus on success, achievements, ambition, the loyal to their careers

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

When are generation alpha born

A

The 21st-century

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

What is a digital customer?

A

Digital customers use digital channels web, mobile on social to consume content, engagement brands and complete a transaction

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

Who created the definition of digital customer

A

Gartner

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

What are some features of Web 1.0

A

Read only
Content is owned by the creator only
Earning is through page views
Advertising is banner based
Nonfocused user data
Mostly static web with no user to server communication

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

What are some features of Web 2.0?

A

Read and write options
Content is shared by creators and users
Earning is through cost per click
Advertising is interactive
Use the data is controlled by central authorities
Improved user interaction

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

What? Awesome predictions for Web 3.0 

A

Users can read and write the content
Focus on individuals rather than community
Earnings or obtained through user engagement
Advertising is behavioural
Use the data is personalised and decentralised without the use of the central authority
Linked data web with intelligent, web-based functionalities applications
Examples, live streams, waves and smart applications

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

What is kotlers definition of marketing?

A

The science and art of exploring, creating , and delivering value to satisfy need to a target market at a profit

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

What do the marketing 4PS stand for?

A

Product price promotion place

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

What is functional/utilitarian value when considering marketing?

A

The practical benefits and functionality is a product or service provides to meet specific needs or solve problems

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What is hedonic value one considering marketing?

A

The pleasure enjoyment of emotional satisfaction of product or service offers often associated with experiences of luxury or leisure

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What is monetary value considering marketing?

A

The financial benefits or cost savings as a product or service provides to the customer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is social/linking value considering marketing?

A

The benefit derived from a product or services ability to facilitate social connections, relationships or networking opportunities

17
Q

What is psychological volume when considering marketing?

A

The emotional or mental, well-being, satisfaction or personal development gained from using a product or service

18
Q

What do you have the two main transformations for marketing been from the past to present day

A

Shift from finding customers to be found by customers
Representing the company vcompared representing the customer
Shift to the outside in model

19
Q

What is market segmentation?

A

The process of dividing a broadcast, consumer or business market, normally consisting of existing and potential customers into sub groups of consumers based on shared characteristics

20
Q

Why is market segmentation important?

A

More effectively engage people
Can target your content to the right people in the right way

21
Q

How could you segment your market?

A

Geographics, demographics, psychographics,behaviour

22
Q

What is a persona?

A

A fictional character that communicates the primary characteristics of a group of users identified and selected as a key target through use of segmentation data

23
Q

What is the AIDA model of a consumer journey?

A

Attention, interest, desire, action

24
Q

What is the STDC model of the consumer German?

A

See think do care

25
Q

Describe the consumer journey in a funnel

A

Awareness, interest, consideration, intent, evaluation, buy

26
Q

Describe the consumer journey in a circular model

A

Initial consideration set
Active evaluation
Moment of purchase
Post purchase experience
Loyalty loop

27
Q

Which company created the zero moments of truth

A

Google

28
Q

Describe the three consumer moments of truth

A

Zero moment of truth- searching for information about a brand or product
First moment of truth -choosing a product at the store shelf
Second moment of truth -using a product and deciding whether to buy it again

29
Q

What is a digital touch point

A

Instances when a customer comes in contact with your brand,directly or indirectly through and online channels