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Questions and Answers

What is the primary factor determining the effectiveness of a marketing strategy?

  • The creativity of the marketing team
  • The number of platforms used for promotions
  • The target audience's preferences (correct)
  • The budget allocated for advertisements

    • Which of the following strategies is essential for improving customer retention?

  • Minimizing customer service interactions
  • Regularly updating the product features (correct)
  • Only interacting with customers through social media
  • Offering discounts to new customers only

    • What is a common misconception about social media marketing?

  • It requires a significant time investment
  • It only targets younger demographics
  • Engagement metrics are the only measures of success
  • It is a cost-free advertising channel (correct)

    • Which aspect is critical in measuring the success of a promotional campaign?

    <p>The ratio of return on investment (ROI)</p> Signup and view all the answers

    What might be a negative consequence of neglecting brand reputation?

    <p>Long-term damage to customer trust</p> Signup and view all the answers

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