Paid Marketing Session 6 Quiz
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Questions and Answers

What type of data is collected by third party entities that have no direct relationship with the advertisers?

  • 3rd party data (correct)
  • Consumer data
  • 1st party data
  • 2nd party data
  • Which data type is described as coming from consumer sources like web analytics, campaign data, and CRM?

  • 2nd party data
  • Zero PD data
  • 1st party data (correct)
  • 3rd party data
  • What is a characteristic of 2nd party data?

  • Has strategic value and is expensive
  • Collected by specific companies for direct partnerships only (correct)
  • Obtained from third-party providers like Google and Amazon
  • Comes from consumer sources like web analytics and CRM
  • Which type of data has a risk for privacy due to its collection by entities without a direct relationship with advertisers?

    <p>3rd party data</p> Signup and view all the answers

    In the main steps for data planning provided, what is the first step mentioned?

    <p>Collect/select data related to objectives (KPIs)</p> Signup and view all the answers

    Which type of data is described as having high value but lower volume to build scale?

    <p>1st party data</p> Signup and view all the answers

    What should be collected and selected related to objectives in audience planning?

    <p>Google Clusters</p> Signup and view all the answers

    Where should more focus be placed in the upper funnel according to the text?

    <p>Fashion Trend</p> Signup and view all the answers

    What is the main purpose of leveraging 1st party data within the low funnel?

    <p>Achieve Conversions</p> Signup and view all the answers

    Which group should more 2nd and 3rd party data be used on according to the text?

    <p>Concert &amp; Music Festival Fans</p> Signup and view all the answers

    What is expected for the different audiences to achieve in audience planning?

    <p>Achieve Different Objectives</p> Signup and view all the answers

    What is an important step in the audience strategy framework mentioned in the text?

    <p>Considering both the stage of the funnel and different objectives</p> Signup and view all the answers

    What type of data does the EU consider a third party as?

    <p>Personal data</p> Signup and view all the answers

    What is required for using personal data under GDPR?

    <p>Clear, transparent, explicit consent</p> Signup and view all the answers

    In the context of 3rd party cookieless updates, who are considered winners?

    <p>Marketers investing in first-party data solutions</p> Signup and view all the answers

    Which approach is mentioned in the text as a replacement for third-party cookies?

    <p>Development of proprietary identifiers</p> Signup and view all the answers

    What does the Google Chrome Privacy Sandbox focus on?

    <p>Protecting user privacy while maintaining advertising relevance</p> Signup and view all the answers

    What is one of the main benefits of using machine learning in associating users with audiences?

    <p>Enhanced predictiveness in targeting the right audience</p> Signup and view all the answers

    What is the main objective of creating an index combining weather forecast, search trends, and regional population volume?

    <p>To impact audience in the most relevant regions to the business</p> Signup and view all the answers

    What is the purpose of the dynamic digital campaign focusing on regions with a higher probability to convert?

    <p>To increase effectiveness between potential buyers</p> Signup and view all the answers

    What platforms were mentioned for the targeted YouTube campaign based on the dynamic Index?

    <p>YouTube &amp; Open Exchange</p> Signup and view all the answers

    How is the digital campaign strategically timed in relation to the seasons?

    <p>Active only during colder months</p> Signup and view all the answers

    What represents the two assets (6”) mentioned for the YouTube campaign?

    <p>Mild Pathology (Strepsils) &amp; Severe Pathology (Strefen)</p> Signup and view all the answers

    Why is the campaign segmented by 25-55 years audience?

    <p>To increase effectiveness between potential buyers</p> Signup and view all the answers

    What is the key focus of maximizing reach according to the text?

    <p>Increasing brand awareness</p> Signup and view all the answers

    In the context of purchase conversion, what strategy is suggested to ease users' conversion path?

    <p>Retargeting store locator visitors</p> Signup and view all the answers

    What is the primary aim of incentivizing purchase intention according to the text?

    <p>Growing brand's 1st party data based on onsite visits &amp; media data</p> Signup and view all the answers

    Which strategy is NOT recommended for optimizing budget in reaching engaged users?

    <p>Focusing on increasing 2nd &amp; 3rd party data</p> Signup and view all the answers

    What is the purpose of using clear messaging and redirection landing page in purchase conversion?

    <p>To ease users' conversion path</p> Signup and view all the answers

    Which approach is suggested in the text to target converters in the context of remarketing?

    <p>Engaging users through lookalike strategies</p> Signup and view all the answers

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