Describe how a firm chooses which consumer group(s) to pursue with its marketing efforts.

.1 Define a marketing strategy. .2 Describe the elements of a marketing plan. 3 Analyze a marketing situation using SWOT analyses. 4 Describe how a firm chooses which consumer group(s) to pursue with its marketing efforts. 5 Outline the implementation of the marketing mix as a means to increase customer value. 6 Summarize portfolio analysis […]

Which of the following is not a function of marketing’s value creation process?

Which of the following is not a function of marketing’s value creation process? Capturing value Delivering value Communicating value Exchanging value All of these are part of marketing’s value creation process. Value creation is the central activity of marketing. Which is not a benefit to the firm from engaging in value creation and the ongoing […]

What does he mean by the attention economy and how does the Hype Machine feed off it?

Read the book attached, and then listen to the following podcast: https://podcasts.apple.com/us/podcast/the-digital-insider-with-sinan-aral/id1626677736?i=1000585444737 Answer the questions below: According to the author what is The Hype Machine? The author speaks to the good, the dangers and our role in social media. Summarize what they are. What travels faster fake news or the truth? How does that happen? […]