Technology and the Marketing Mix Flashcards
Social Media Marketing
Social media marketing is the use of social media platforms to promote products, build brand awareness, and engage with customers.
Viral Marketing
Viral marketing is a strategy where content spreads rapidly through social media, word of mouth, and online sharing, creating massive brand awareness.
E-Commerce
E-commerce (electronic commerce) is the buying and selling of goods and services online through websites, apps, and digital platforms.
Examples of E-Commerce
✔ B2C (Business-to-Consumer) – Businesses sell directly to customers.
📌 Example: Amazon, Shopee, Zalora
✔ B2B (Business-to-Business) – Companies sell to other businesses.
📌 Example: Alibaba, Shopify
✔ C2C (Consumer-to-Consumer) – Individuals sell to each other.
📌 Example: eBay, Facebook Marketplace
✔ C2B (Consumer-to-Business) – Individuals sell products/services to businesses.
📌 Example: Freelancers on Fiverr or Upwork