UCD Micheal Smurfit Business School Omnichannel Marketing Quiz

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Questions and Answers

According to Jessica Malamud, why does it sometimes require bigger investments to plan ahead?

  • To attract more investors
  • To decrease competition in the market
  • To translate the company's vision effectively (correct)
  • To increase employee salaries

Why does name recognition matter in categories like payroll providers?

  • To stand out in a crowded market (correct)
  • To lower employee wages
  • To reduce the need for investments
  • To attract more competitors

According to Bernd Schmitt, why do many B2B companies not advertise at the Super Bowl?

  • Because they prefer online marketing channels
  • Because the Super Bowl audience is too small
  • Because it is not effective due to its broad audience (correct)
  • Because they lack the budget for advertising

What does advertising at the Super Bowl indicate about a company, according to Bernd Schmitt?

<p>It demonstrates prowess and financial strength (B)</p> Signup and view all the answers

How has the employee payments space changed since the company originally launched, as mentioned in the text?

<p>More startups have gained ground in the industry (B)</p> Signup and view all the answers

In a crowded market environment, what does Jessica Malamud suggest companies need to do now?

<p>Fight harder and plan strategically (C)</p> Signup and view all the answers

Why is it important for companies to flex their prowess, according to Bernd Schmitt?

<p>To show they are a major player and stand out in a crowded category (B)</p> Signup and view all the answers

'Now I can say, ‘Oh we had an ad on the Super Bowl.’' This statement is most likely to be associated with which concept?

<p><strong>Integrated marketing</strong> (B)</p> Signup and view all the answers

'We grew and became a hyper-growth company and had so much success but it was all green. Now we have to fight harder.' Which concept is highlighted in this statement?

<p><strong>Strategic planning</strong> (B)</p> Signup and view all the answers

What additional benefit does Bernd Schmitt mention about advertising at the Super Bowl?

<p>It gives companies bragging rights and makes them appear as major players (C)</p> Signup and view all the answers

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