2. Digital Consumer Flashcards
What are the values of Gen X or when were they born?
1970 to 1979 focus on work, life balance, true, friendship, and happiness, reluctant towards regulations
What are the values of Millennials and when were they born?
1980 to 2000 the self-confident, financially successful, independent, reluctant towards regulation, want freedom, and a comfortable life
What are the values of gen Z and when were they born?
2000 to 2010, the rely on the potential of new technologies and participate in several products at the same time .digital natives
What are the values of baby boomers and When were they born?
1946 to 1969 focus on success, achievements, ambition, the loyal to their careers
When are generation alpha born
The 21st-century
What is a digital customer?
Digital customers use digital channels web, mobile on social to consume content, engagement brands and complete a transaction
Who created the definition of digital customer
Gartner
What are some features of Web 1.0
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
What are some features of Web 2.0?
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
What? Awesome predictions for Web 3.0 
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
What is kotlers definition of marketing?
The science and art of exploring, creating , and delivering value to satisfy need to a target market at a profit
What do the marketing 4PS stand for?
Product price promotion place
What is functional/utilitarian value when considering marketing?
The practical benefits and functionality is a product or service provides to meet specific needs or solve problems
What is hedonic value one considering marketing?
The pleasure enjoyment of emotional satisfaction of product or service offers often associated with experiences of luxury or leisure
What is monetary value considering marketing?
The financial benefits or cost savings as a product or service provides to the customer