Podcast
Questions and Answers
What is E-Marketing and how does it differ from traditional marketing?
What is E-Marketing and how does it differ from traditional marketing?
E-Marketing involves using digital platforms to market products, while traditional marketing uses offline methods like TV and print ads.
List two advantages of E-Marketing over traditional marketing.
List two advantages of E-Marketing over traditional marketing.
E-Marketing is cost-effective and allows for 24/7 ad availability.
What limitations does E-Marketing face compared to traditional marketing?
What limitations does E-Marketing face compared to traditional marketing?
E-Marketing lacks physical interaction with products and is prone to online scams.
Explain the significance of consumer behavior in E-Marketing.
Explain the significance of consumer behavior in E-Marketing.
How does Big Data improve marketing strategies?
How does Big Data improve marketing strategies?
What does it mean for E-Marketing to be measurable?
What does it mean for E-Marketing to be measurable?
Identify the primary benefit of global reach in E-Marketing.
Identify the primary benefit of global reach in E-Marketing.
What technology issues can impact E-Marketing effectiveness?
What technology issues can impact E-Marketing effectiveness?
What are the four key elements of the Marketing Mix?
What are the four key elements of the Marketing Mix?
What does the 'Control' element in the SOSTAC model entail?
What does the 'Control' element in the SOSTAC model entail?
Why is it important to perform strategic analysis when creating a marketing plan?
Why is it important to perform strategic analysis when creating a marketing plan?
What role do tactics play in executing a marketing plan?
What role do tactics play in executing a marketing plan?
In the SOSTAC model, what is meant by 'Strategy'?
In the SOSTAC model, what is meant by 'Strategy'?
How can a company like Nike utilize the SOSTAC model in its marketing campaigns?
How can a company like Nike utilize the SOSTAC model in its marketing campaigns?
What defines a digital consumer?
What defines a digital consumer?
What distinguishes basic digital consumers from more advanced digital consumers?
What distinguishes basic digital consumers from more advanced digital consumers?
What are the four stages of the customer funnel according to the AIDA model?
What are the four stages of the customer funnel according to the AIDA model?
Why is Customer Relationship Management (CRM) considered important for businesses?
Why is Customer Relationship Management (CRM) considered important for businesses?
Describe the concept of the 'Zero Moment of Truth' introduced by Google.
Describe the concept of the 'Zero Moment of Truth' introduced by Google.
What does the Accelerated Loyalty Journey emphasize?
What does the Accelerated Loyalty Journey emphasize?
How does Amazon utilize the Customer Decision Journey to enhance customer loyalty?
How does Amazon utilize the Customer Decision Journey to enhance customer loyalty?
What are the three parts of the conversion funnel?
What are the three parts of the conversion funnel?
What is the significance of retaining existing customers compared to acquiring new ones?
What is the significance of retaining existing customers compared to acquiring new ones?
In what year was the First Moment of Truth introduced, and what did it focus on?
In what year was the First Moment of Truth introduced, and what did it focus on?
What distinguishes Retail Scouts from Brand Scouts in their shopping behavior?
What distinguishes Retail Scouts from Brand Scouts in their shopping behavior?
How do Calculated Shoppers typically respond to discounts?
How do Calculated Shoppers typically respond to discounts?
In what way does faster internet access impact consumer behavior?
In what way does faster internet access impact consumer behavior?
What role do mobile devices play in consumer purchasing decisions?
What role do mobile devices play in consumer purchasing decisions?
What are the four stages of the AIDA model?
What are the four stages of the AIDA model?
How did the Coca-Cola Zero campaign exemplify the AIDA model?
How did the Coca-Cola Zero campaign exemplify the AIDA model?
How do Eternal Shoppers differ in their decision-making process compared to other shopper types?
How do Eternal Shoppers differ in their decision-making process compared to other shopper types?
What influence does on-demand media and wearable technology have on digital consumers?
What influence does on-demand media and wearable technology have on digital consumers?
What is the purpose of the awareness stage in the conversion funnel?
What is the purpose of the awareness stage in the conversion funnel?
How do businesses collect leads during the interest stage?
How do businesses collect leads during the interest stage?
What key actions occur during the evaluation stage of the conversion funnel?
What key actions occur during the evaluation stage of the conversion funnel?
What does the retention metric assess in digital marketing?
What does the retention metric assess in digital marketing?
In the customer journey hourglass model, what role do referrals play?
In the customer journey hourglass model, what role do referrals play?
Why is it important to track traffic sources in digital marketing metrics?
Why is it important to track traffic sources in digital marketing metrics?
What stage follows the intent stage in the conversion funnel?
What stage follows the intent stage in the conversion funnel?
What is the main focus of the purchase stage in the conversion funnel?
What is the main focus of the purchase stage in the conversion funnel?
What is the significance of the conversion rate as a metric?
What is the significance of the conversion rate as a metric?
How does bounce rate impact a website's performance assessment?
How does bounce rate impact a website's performance assessment?
Explain the difference between unique visitors and page views per visit.
Explain the difference between unique visitors and page views per visit.
What role does SEO play in attracting website visitors?
What role does SEO play in attracting website visitors?
Why are actionable metrics crucial for organizations?
Why are actionable metrics crucial for organizations?
How can social media engagement drive traffic to a website?
How can social media engagement drive traffic to a website?
What is the importance of inbound links in blogging metrics?
What is the importance of inbound links in blogging metrics?
List two attributes effective metrics should have and explain why they are important.
List two attributes effective metrics should have and explain why they are important.
Flashcards
What is e-marketing?
What is e-marketing?
E-marketing, also known as digital marketing, uses websites, social media, and online platforms to promote products and services.
E-marketing vs. Traditional marketing
E-marketing vs. Traditional marketing
E-marketing relies on online channels like social media, websites, and online ads. It's often cheaper and reaches a global audience. Traditional marketing uses offline methods like TV, radio, print ads, and direct mail. It's more expensive and less targeted.
Importance of e-marketing
Importance of e-marketing
E-marketing offers a wider reach, 24/7 availability, and lower costs compared to traditional marketing.
Advantages of e-marketing
Advantages of e-marketing
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Limitations of e-marketing
Limitations of e-marketing
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What is consumer behavior?
What is consumer behavior?
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What is Big Data in marketing?
What is Big Data in marketing?
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Recap: E-marketing advantages and key considerations
Recap: E-marketing advantages and key considerations
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What is the Marketing Mix?
What is the Marketing Mix?
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What is SOSTAC model?
What is SOSTAC model?
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Situation (SOSTAC)
Situation (SOSTAC)
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Objectives (SOSTAC)
Objectives (SOSTAC)
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Strategy (SOSTAC)
Strategy (SOSTAC)
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Tactics (SOSTAC)
Tactics (SOSTAC)
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Action (SOSTAC)
Action (SOSTAC)
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Control (SOSTAC)
Control (SOSTAC)
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Conversion Funnel
Conversion Funnel
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TOFU (Top of Funnel)
TOFU (Top of Funnel)
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MOFU (Middle of Funnel)
MOFU (Middle of Funnel)
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BOFU (Bottom of Funnel)
BOFU (Bottom of Funnel)
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Customer Relationship Management (CRM)
Customer Relationship Management (CRM)
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Evolution of Consumer Behavior
Evolution of Consumer Behavior
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Customer Decision Journey
Customer Decision Journey
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Customer Decision Journey (CDJ)
Customer Decision Journey (CDJ)
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Unique Visitors
Unique Visitors
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Average Visit Duration
Average Visit Duration
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Page Views per Visit
Page Views per Visit
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Bounce Rate
Bounce Rate
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Exit Rate
Exit Rate
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Conversion Rate
Conversion Rate
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Content Publishing
Content Publishing
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SEO (Search Engine Optimization)
SEO (Search Engine Optimization)
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Awareness (TOFU)
Awareness (TOFU)
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Interest (MOFU)
Interest (MOFU)
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Consideration (BOFU)
Consideration (BOFU)
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Digital Marketing Metrics
Digital Marketing Metrics
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Traffic Source
Traffic Source
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Page Views
Page Views
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Visits
Visits
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Retail Scouts
Retail Scouts
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Brand Scouts
Brand Scouts
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Calculated Shoppers
Calculated Shoppers
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Eternal Shoppers
Eternal Shoppers
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AIDA Model
AIDA Model
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Marketing Funnel
Marketing Funnel
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Personalized Experience
Personalized Experience
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Technological Impact on Consumer Behaviour
Technological Impact on Consumer Behaviour
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Study Notes
Introduction to Digital Marketing
- E-marketing, also known as digital marketing, uses internet and digital platforms to market products and services. It is often more interactive and cost-effective than traditional marketing
- E-marketing uses online channels such as social media and websites, whereas traditional marketing uses offline methods like TV, radio, and print ads
- E-marketing offers global reach, around-the-clock availability, and lower costs compared to traditional marketing
- Limitations of e-marketing include the lack of physical interaction, potential scams, and technical issues such as poor internet connection or device limitations
Importance of E-Marketing
- Global reach: Provides access to a worldwide customer base
- 24/7 Availability: Your ads and services operate constantly
- Lower costs: E-marketing often has lower advertising budgets than traditional methods
- Cost-effectiveness: More cost-effective than traditional advertising
- Convenient for customers: Easier to research and purchase products online
- Measurable: Digital marketing allows for instant performance tracking through metrics like pay-per-click (PPC) and analytics.
Digital Marketing Strategy
- The marketing mix combines product, price, place, and promotion to meet customer needs and business objectives
- The SOSTAC model is a framework for planning digital marketing strategies. It incorporates:
- Situation: Current business performance and competitive advantages
- Objectives: Business goals like increasing sales or market share
- Strategy: Targeting customers and positioning the brand
- Tactics: Tools used such as social media, email marketing, and paid ads
- Action: Implementing strategies and defining tasks and who does what and when
- Control: Monitoring progress using key metrics such as sales growth
Digital Customer Behaviour
- Digital consumers interact with brands and make purchases online. They use the internet for various activities like browsing, shopping, streaming, and sharing.
- Different types of digital consumers exist, with varying levels of comfort and engagement with technology and online shopping
- Digital consumers are well-informed, seeking quick, relevant information to simplify their shopping experience. They often share opinions and reviews online
- Technological advancements like internet speed, mobile technology, and on-demand media significantly influence consumer behaviour.
Digital Marketing Funnel
- The AIDA model outlines customer purchasing process stages (Attention, Interest, Desire, and Action)
- The funnel model demonstrates how customers progress from potential leads to loyal customers, often including the stages of awareness, interest, consideration, intent, evaluation, and purchase
- Customer relationship management (CRM) aims to build strong customer relationships leading to loyalty, repeat business and cross-selling opportunities
- Consumer behaviour has evolved, moving from physical-store decisions to online and digital-influenced decisions
Digital Marketing Processes
- The conversion funnel illustrates the customer journey from awareness to purchase (Top-of-Funnel (TOFU), Middle-of-Funnel (MOFU), and Bottom-of-Funnel (BOFU)), with each stage needing a tailored strategy to effectively nurture leads
- Stages include awareness, interest, consideration, intent, evaluation, and purchase
- Funnel interpretation involves analyzing metrics such as acquisition, conversion, and retention to assess the success of the marketing strategy
Digital Marketing Analytics & Metrics
- Digital marketing metrics measure the performance of different marketing efforts and help make data-driven business decisions
- Key metrics include traffic source, page views, visits, unique visitors, average visit duration, bounce rate, exit rate, conversion rate, and relevant, credible, timely, and actionable metrics
- Metrics highlight where visitors are coming from, content consumption, visitor volume, time spent on site, and conversion rates, offering insights to improve marketing efforts
Attract Website Visitors
- Content, search engine optimization (SEO), and social media engagement are essential for attracting website visitors
- Blog metrics like traffic from keywords, subscribers, and comments, provide insights into engagement and content effectiveness
- SEO metrics like organic vs. paid search, on-page optimization, and off-page optimization and social media metrics such as audience growth and engagement indicate the effectiveness of strategies
- Micro-moments are opportunities to provide quick information, capture attention, and convert visitors into customers using digital marketing effectively
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