CH3 Flashcards

1
Q

What is the 4E framework for digital marketing?

A

The 4E framework for digital marketing consists of four key strategies: Excite customers with relevant offers, Educate them about the offering, Help them experience products, and Engage with them through digital marketing activities.

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2
Q

What is the first “E” of the 4E framework and what does it entail?

A

The first “E” is “Excite.” Marketers use digital offers, such as mobile apps or social media campaigns, to excite customers about products, brands, or services. Offers must be relevant to the target audience, often personalized using customer data.

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3
Q

What is the second “E” of the 4E framework and what does it entail?

A

The second “E” is “Educate.” Digital marketing offers should educate customers about the product’s benefits, features, and value proposition. This may involve reminding customers of what they know or providing new, valuable information.

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4
Q

What is the third “E” of the 4E framework and what does it entail?

A

The third “E” is “Experience.” Digital marketing allows customers to experience products or services before purchase. This can be through online demos, reviews, tutorials, or tools that simulate real-life experiences.

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5
Q

How does digital marketing allow customers to experience products?

A

Customers can experience products through platforms like YouTube tutorials, product trials, or apps that let them visualize products in their space. For example, Sephora offers tutorials and customer testimonials online to help customers experience their beauty products.

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6
Q

What is the fourth “E” of the 4E framework and what does it entail?

A

The fourth “E” is “Engage.” Engagement occurs when customers interact with the brand’s digital marketing activities, such as social media posts, blogs, or interactive apps. Engagement can lead to stronger customer relationships and even loyalty.

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7
Q

Why is customer engagement important in digital marketing?

A

Customer engagement is crucial because it can lead to deeper relationships, brand loyalty, and potentially increased sales. Engaged customers are more likely to take action, share content, and become loyal advocates of the brand.

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8
Q

What is the first element of the 7C framework for online marketing?

A

Core Goals
Core goals define the primary purpose of a website, such as engaging customers, educating them, or facilitating commerce.

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9
Q

How do contextual elements impact website design?

A

Contextual Elements
Contextual elements, such as design, color, and navigation, must align with the target market to create a user-friendly experience. For example, LEGO’s site differentiates paths for kids and adults with distinct designs.

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10
Q

What role does content play in online marketing?

A

Content, including text, graphics, video, and audio, must be relevant, engaging, and aligned with the target market’s interests to create excitement and encourage interaction.

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11
Q

How do blogs contribute to building a community in online marketing?

A

Blogs, including corporate, professional, and personal blogs, allow customers to interact, share information, and create a sense of community, fostering engagement and brand loyalty.

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12
Q

What is the significance of communication in online marketing?

A

Communication
Effective communication tools on websites, such as live chats and email, facilitate two-way interactions, helping firms educate, engage, and address customer concerns.

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13
Q

What is the purpose of connection-related strategies in online marketing?

A

Connection strategies engage customers through calls to action like “Buy Now” or “Learn More,” encouraging them to interact more deeply with the website and fostering long-term engagement and loyalty.

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14
Q

What is the “Wheel of Social Media Engagement”?

A

The Wheel of Social Media Engagement is a framework that identifies the five key effects that drive social media engagement: Information Effect, Connected Effect, Network Effect, Dynamic Effect, and Timeliness Effect.

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15
Q

What is the “Information Effect” in the Wheel of Social Media Engagement?

A

The Information Effect is the outcome of social media where relevant information is spread by individuals or firms to others in their social network, typically through posts, reviews, and shares.

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16
Q

How does the “Connected Effect” drive social media engagement?

A

The Connected Effect satisfies humans’ innate need to connect with others, enabling users to share personal information, interact with friends, and connect with brands, fostering a sense of community.

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17
Q

What is the “Network Effect” in social media?

A

The Network Effect describes how information shared by one individual or company on social media is transferred across their network, spreading instantaneously to a large audience.

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18
Q

How does influencer marketing utilize the Network Effect?

A

Influencer marketing leverages the Network Effect by having influencers with large followings share branded content, which quickly spreads to their audience, expanding the reach of the message.

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19
Q

What is the “Dynamic Effect” of social media engagement?

A

The Dynamic Effect describes the back-and-forth exchange of information on social media, where users actively engage, ask questions, provide feedback, and interact in real-time, enhancing the impact of the Network Effect.

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20
Q

How does the “Dynamic Effect” affect customer behavior?

A

The Dynamic Effect encourages deeper engagement, as customers exchange insights, resolve issues, and engage in ongoing communication, making them more likely to make purchases or recommend products.

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21
Q

What is the “Timeliness Effect” in social media engagement?

A

The Timeliness Effect refers to the importance of firms engaging with customers at the right time and place, responding quickly to inquiries or complaints, which can significantly impact customers’ purchasing decisions.

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22
Q

How does the Timeliness Effect influence consumer behavior?

A

Timely responses to social media interactions can increase customer satisfaction, as 80% of people expect a response within 24 hours, and prompt engagement can influence purchasing intentions and brand loyalty.

23
Q

Why is social media engagement so important for marketers?

A

Social media engagement allows marketers to connect with consumers, gather valuable data, build brand loyalty, and drive sales by leveraging the five effects of the Wheel of Social Media Engagement.

24
Q

What are the seven primary needs that mobile apps meet?

A

The seven primary needs are: to find “me time,” socialize, shop, accomplish, prepare, discover, and self-express.

25
What is the most popular need that people satisfy through mobile apps?
The most popular need is "me time," where people use apps for entertainment and relaxation, such as playing games or watching shows.
26
What are the four basic app pricing models?
The four app pricing models are: ad-supported apps, freemium apps, paid apps, and paid apps with in-app purchases.
27
What is an ad-supported app?
Ad-supported apps are free to download but display ads, generating revenue through user interaction with the ads.
28
What is a freemium app?
A freemium app is free to download but includes in-app purchases that enhance the app's functionality, such as purchasing items or features within the app.
29
What is an in-app purchase?
An in-app purchase is a transaction made within a freemium app that allows the user to unlock or enhance certain features or content.
30
How do paid apps generate revenue?
Paid apps charge a one-time fee to download and provide full functionality once downloaded, offering no additional costs for basic use.
31
What are paid apps with in-app purchases?
Paid apps require an upfront price to download and then offer additional features or functionality for purchase within the app.
32
What are the three stages in the process of engaging customers through digital media?
The three stages are: Listen, Analyze, and Do.
33
What is sentiment analysis?
Sentiment analysis is a technique used to analyze consumer comments on social media sites to assess the favorableness or unfavorableness of sentiments toward a product or brand.
34
How can firms use sentiment analysis data?
Firms can use sentiment analysis data to identify trends, monitor customer attitudes, and track reactions to products or campaigns. This helps in adjusting strategies quickly.
35
What is the difference between "hits" and "page views"?
Hits refer to the total number of requests for a file, while page views count how many times a page is viewed by visitors. Page views are a more useful metric for measuring website engagement.
36
What does the "bounce rate" measure?
The bounce rate measures the percentage of visitors who leave a website after viewing only one page, indicating how engaging or relevant the website content is.
37
What is the significance of conversion rate in digital marketing?
The conversion rate measures the percentage of visitors who take a desired action (e.g., click, buy, or donate), indicating how effective a website or campaign is in achieving its goals.
38
How can analyzing "click paths" help improve a website?
Analyzing click paths shows how users navigate a site, helping marketers optimize the user experience by improving navigation and reducing bounce rates.
39
What is "keyword analysis" in digital marketing?
Keyword analysis evaluates the search terms people use to find a business’s products or services, allowing firms to optimize their website content for better search engine visibility.
40
How do firms measure ROI (Return on Investment) in digital marketing?
Firms measure ROI by comparing the increase in profits or sales resulting from digital marketing activities to the investment made in those activities.
41
How does Google Analytics help firms in their digital marketing strategy?
Google Analytics provides insights into website traffic sources, user behavior, and engagement, helping firms understand which digital channels are most effective and optimize future marketing efforts.
42
How can firms improve the effectiveness of their digital campaigns?
Firms can improve effectiveness by continually monitoring campaign performance, analyzing data, and making necessary changes to increase engagement, conversion rates, and ROI.
42
Why is it important to identify the target audience in a digital marketing campaign?
Identifying the target audience ensures that the marketing messages and digital channels used are relevant and tailored to those most likely to engage with the brand.
43
What is influencer marketing?
Influencer marketing is a strategy that uses popular individuals on social media to promote brand messages to a targeted audience.
44
What are the 4Rs that help determine the effectiveness of an influencer?
The 4Rs are: Relevance, Reach, Response, and Return.
45
What does "relevance" mean in influencer marketing?
Relevance refers to how well an influencer’s audience matches the brand’s target market, and whether the influencer’s expertise aligns with the brand’s message.
46
How is "return" measured in influencer marketing?
Return is often measured through ROI, which is the revenue earned from the influencer’s campaign, minus the cost of paying the influencer, divided by the cost.
47
Why is ROI difficult to determine in influencer marketing?
It is difficult to measure ROI directly, as the relationship between an influencer’s post and a consumer’s purchase is hard to trace unless specific purchase links are included.
48
What are the different types of influencers?
Influencers can be categorized by role (e.g., celebrities, specialized influencers), number of followers (e.g., micro-influencers), or preferred channel (e.g., social media or blogs).
49
Why is it important for influencers to disclose paid endorsements?
Transparency is essential to avoid misleading followers, and it helps maintain ethical standards. The FTC recommends using hashtags like #ad to disclose paid content.
50
What happens if an influencer does not disclose advertising intent?
Failure to disclose paid content can mislead followers into thinking the endorsement is a genuine recommendation, potentially damaging the brand’s trustworthiness.
51
What is the role of sincerity in influencer marketing?
Sincerity ensures that an influencer genuinely uses and values the product they promote, which makes the endorsement more credible and effective. Inauthenticity can harm the campaign.
52
How can an influencer’s "sincerity" impact the effectiveness of their promotion?
If an influencer is insincere, such as falsely claiming to use a product, the promotion may come across as inauthentic, reducing the effectiveness of the campaign.