Q: Explain what is meant by Customer Lifetime Value. How does this
Explain what is meant by Customer Lifetime Value. How does this formula benefit the direct marketer?
See AnswerQ: A study by the Harvard Business School has shown that e-
A study by the Harvard Business School has shown that e-mail marketing is much more effective than traditional direct mail in that it provides a much greater return on investment (ROI) Explain some of...
See AnswerQ: Direct marketing has been an effective tool for marketers for a long
Direct marketing has been an effective tool for marketers for a long time. Provide some reasons why direct marketing has been so effective. Do you think this trend will continue?
See AnswerQ: Direct marketers are very good at determining the effectiveness of their programs
Direct marketers are very good at determining the effectiveness of their programs. Many direct marketers now measure the impact of the program on the consumer funnel. Explain how direct marketers meas...
See AnswerQ: Many marketers and policy makers believe the Internet and social media may
Many marketers and policy makers believe the Internet and social media may constitute a “web of deceit”. Explain what they mean by this comment. Provide examples as to why they have this feeling.
See AnswerQ: Some marketers have argued that the strength of the Internet in an
Some marketers have argued that the strength of the Internet in an IMC program is at the mid stage of the consumer funnel (knowledge, consideration, etc.) Discuss whether you agree or disagree with th...
See AnswerQ: Those responsible for most of the advertising and promotion decisions for consumer
Those responsible for most of the advertising and promotion decisions for consumer products are brand managers (client side) and account executives (agency side). These individuals are usually well pa...
See AnswerQ: The drive to go viral has resulted in some major marketing mistakes
The drive to go viral has resulted in some major marketing mistakes. Explain why marketers are seemingly obsessed with going viral. Then explain some of the consequences that might occur should these...
See AnswerQ: The new media discussed in this chapter have some distinct advantages over
The new media discussed in this chapter have some distinct advantages over traditional media, but also have some disadvantages. Discuss some of the advantages and disadvantages of traditional and new...
See AnswerQ: Discuss the role of social media in an IMC program. What
Discuss the role of social media in an IMC program. What can these media contribute in regard to helping marketers achieve communications objectives?
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