EXAM ONE (Topic One) Flashcards
Topic One
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Digital touchpoints
Any online or mobile app interaction a customer has with a business
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Controllable Channels
Channels you can control very well over the content, timing, target audience, and overall execution
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Controllable Channels Examples:
- Paid Advertising
- Owned media
- Content Marketing
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Non-Controllable Channels
Channels you have limited to no control over
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Non-Controllable Channels Examples:
- Publicity
- User generated content
- Third party content
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What is outbound marketing
Refers to the ways that firms reach out to target customers
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Outbound Marketing Examples
Search ads, display ads, social media ads, video ads
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What is inbound marketing
The ways companies ensure they can be found when consumers search for a product (without paying)
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Inbound Marketing Examples
SEO & Content Marketing
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The Decision-Making Process
Recognition of Need -> Information Search -> Evaluation of Alternatives -> Purchase Decision -> Post-Purchase Evaluation
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Inbound Strengths:
Efficiency, Costs less to attract a customer, converting existing demand
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Inbound Weaknesses
Not good for generating new demand
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Outbound Strengths
Better at building awareness, reach new customers
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Outbound Weaknesses
Costs significantly more than inbound, easy to ignore
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AIDA Model
Attention -> Interest -> Desire -> Action