Digital Marketing Decisions Flashcards
Digital Marketing Value Add
Can influence how consumers navigate and make decision, better insight to inform marketing mix
Anticipatory shipping
Analyzing data such as Amazon Prime viewing of cooking shows to then move cookbooks closer to the customer
Decision Making in the Digital World (7)
- Problem identification
- Information Search
- Evaluation of alternatives
- Purchase
- Post-purchase evaluation
- Advocate
- Champion
Define Audience (digital)
Google analytics enable marketers to dynamically change content aimed at different market segments
Digital promotion mix
Owned media (twitter account), paid media (online ad), earned media (customer content)
Owned Media
Company websites, blogs, Email, Profile-based social media marketing
Paid Media
Internet advertising, SEO, SEM, Display Internet (banners), Portal deals
Earned Media
Social media, electronic word of mouth (experiential, consequential, intentional), viral
leaky bucket
The point where customer drop off before making a purchase
Evaluate Results
Counting metrics, foundation metrics, outcome metrics, business value metrics