Digital Marketing Strategy

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TolerableFlute
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10 Questions

Consumers cannot spread information about their relationship with an organization or its products and services via digital word-of-mouth marketing.

False

Digital assets are items that have no value for the organization and consumers.

False

It takes only a few days to create content, collect data, and build social following that constitute digital assets.

False

Digital marketers do not need to understand the competitive landscape in which they operate.

False

Conscious efforts cannot manage the customer relationship experience.

False

Organizations cannot build a set of digital assets through digital marketing.

False

Digital word-of-mouth marketing is not a type of online dialogue.

False

The 7A's of Digital Marketing is not a strategy that digital marketers need to know.

False

Competitor analysis is not necessary for digital marketers.

False

Digital assets can be created instantly.

False

Study Notes

Digital Marketing Strategy

  • Fits within overall marketing strategy
  • Involves:
    • Target market
    • Marketing mix
    • Sustainable competitive advantage to meet marketing goals

Digital Marketing Planning Process

  • Stage 1: Organizational and Marketing Overview
    • Documents overall organizational mission and vision
    • Overview of organization and marketing efforts
  • Stage 2: Situation Analysis and Digital Marketing Objectives, Strategies, and Tactics
    • Understand internal and external environments
  • Stage 3: Digital Marketing Analytics and Implementation Plan
    • Identify digital marketing analytics and determine resources and implementation plan

Basic Digital Marketing Strategies and Tactics

  • Website marketing
  • SEO
  • SEM
  • Email marketing
  • Social and community marketing
  • Mobile marketing
  • Smart-environment marketing
  • Digital marketing product strategies
    • Communicate value to digital consumers
    • Enhance brand name through digital channels
  • Digital marketing place strategies
    • Omni-channel strategy
    • Disintermediation strategy
      • Remove or don't include channel members (intermediaries)

Digital Assets and Competitor Analysis

  • Digital assets: digital items of value owned by organization
    • Content
    • Data
    • Websites
    • Accounts
  • Competitor analysis
    • Understand competitive landscape
    • 4P's and 7A's strategies

This quiz covers the importance of digital marketing strategy in overall marketing strategy, including the three stages of digital marketing planning process.

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