Digital Marketing Strategy Flashcards

1
Q

What is a Digital Marketing Strategy?

A

A long-term plan outlining how digital channels will be used to meet marketing goals.

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2
Q

What does a Mission Statement summarize?

A

A business’s purpose and what makes it unique in its industry.

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3
Q

What does SMART stand for in goal setting?

A
  • Specific
  • Measurable
  • Attainable
  • Relevant
  • Time-bound
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4
Q

Define Unique Selling Point (USP).

A

A clear explanation of what makes a product or service better than the competition.

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5
Q

What is a Key Performance Indicator (KPI)?

A

A specific metric used to measure how effectively a business is reaching its marketing or business goals.

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6
Q

What does SWOT Analysis assess?

A
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats
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7
Q

What is Search Engine Optimization (SEO)?

A

Improving a website’s visibility on search engines to attract more organic traffic.

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8
Q

What is the purpose of Google Alerts?

A

A tool for monitoring brand mentions, competitor activity, or industry trends in real time.

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9
Q

What is CRM (Customer Relationship Management)?

A

Tools and strategies used to manage and analyze customer interactions to improve relationships.

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10
Q

What is Q1 focused on in business time frames?

A

New goals, projects, and post-holiday recovery.

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11
Q

What is the focus of Q2 in business?

A

Evaluate performance and make strategic adjustments.

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12
Q

What is the primary focus of Q3?

A

Maintain momentum; prep for the holiday season.

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13
Q

What happens in Q4 for many businesses?

A

Peak season for holiday sales and year-end goals.

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14
Q

What are Short-Term Goals?

A

Quick wins that offer fast feedback and help maintain momentum.

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15
Q

What characterizes Long-Term Goals?

A

Broader focus aiming for sustained growth.

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16
Q

Define Soft Goals.

A

Qualitative goals focusing on perception, engagement, and satisfaction.

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17
Q

Define Hard Goals.

A

Quantitative goals that are measurable outcomes driving growth.

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18
Q

What are Brand Perception Goals?

A

Goals focused on how the brand is seen regarding trust, awareness, and reliability.

19
Q

What are Customer Acquisition Goals?

A

Goals focused on conversions and gaining new customers.

20
Q

What does the SMART framework ensure?

A

Goals are clear and actionable.

21
Q

What does KPI stand for?

A

Key Performance Indicators.

22
Q

What is the purpose of KPIs?

A

To track progress, spot opportunities, and stay accountable.

23
Q

What is a Digital Marketing Strategy?

A

A structured plan that outlines how a business will use digital channels to reach its marketing goals.

24
Q

Why does strategy matter in digital marketing?

A

It enhances clarity, aligns goals, and supports informed decision-making.

25
What is a common digital marketing goal to enhance?
Brand Awareness.
26
What is one strategy to increase online sales?
Use targeted paid advertising.
27
What is one strategy to grow your email marketing list?
Offer exclusive content or special offers to new sign-ups.
28
What should you define first when building an effective strategy?
Your goals.
29
What does a Digital Presence Audit evaluate?
How a business appears and performs online.
30
What can a digital audit uncover?
* Gaps * Findability * Conversion points * Consistency
31
What is the first step in conducting a digital audit?
Define audit objectives.
32
Why is competitor research important?
It shapes your brand’s unique identity.
33
What is one area to research for competitor positioning?
Unique selling points (USPs).
34
What are the main takeaways and key themes you can obtain from the research on a competitor?
Key themes may include market positioning, customer demographics, and product offerings ## Footnote Summarizing research helps identify trends and insights that can inform business strategies.
35
What is a Unique Selling Point (USP)?
business benefits that shows how you solve customer problems ## Footnote Examples include faster delivery or eco-friendly products.
36
What components contribute to differentiating a business?
* Branding * Messaging * Audience connection ## Footnote Competitor positioning encompasses more than just products.
37
What is included in a SWOT analysis?
* Strengths * Weaknesses * Opportunities * Threats ## Footnote SWOT analysis is a strategic tool to assess internal and external factors affecting a business.
38
What is the purpose of defining a mission statement?
To articulate your business's purpose and what it stands for ## Footnote Aligning the mission with customer needs enhances loyalty.
39
What are the steps to conduct a SWOT analysis?
* Brainstorm * Prioritize * Analyze relationships * Develop SMART strategies * Use AI for support ## Footnote Each step is crucial for an effective SWOT analysis.
40
Fill in the blank: A _______ is a strategic tool to assess strengths, weaknesses, opportunities, and threats.
[SWOT analysis]
41
What are the four key questions to define your USP?
* Who is my target audience? * Who are my competitors? * What problems does my audience have? * How can I solve them? ## Footnote These questions guide the development of a strong USP.
42
What does it mean to tailor your USP to your ideal customer?
Focusing on a specific niche rather than trying to appeal to everyone ## Footnote This approach increases the effectiveness of the USP.
43
What should you do after brainstorming in a SWOT analysis?
Prioritize the most impactful strengths, weaknesses, opportunities, and threats ## Footnote Prioritization helps focus on the most critical factors.
44
What is the significance of developing SMART strategies into a SWOT analysis?
SMART criteria helps in creating effective and actionable plans. By translating the SWOT analysis into SMART goals, you create clear, measurable, achievable, relevant, and time-bound objectives, enabling effective implementation and tracking of progress.