Mobile Commerce Chapter 7

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39 Terms

1
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types of social media

  • forums and message boards - reddit

  • blogs

  • wikis

  • social networking - facebook

  • microblogging - twitter

  • social sharing - youtube/insta

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traditional online marketing goals

deliver business message to the most consumers

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social marketing goals

encourage consumers to become fans and engage and enter conversations and strengthen brand by increasing share of online conversation

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grewal et al 2019

is a study that explores the impact of social media on consumer behavior and marketing strategies.

results: type of product and visibility of posts matter

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downside of social marketing

loss of control where ads appear in terms of other content, while in comparison tv ads maintain near complete control, user generated content

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user generated content

original, brand specific content created by customers and published on social media or other channels, includes images, videos, reviews etc

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benefits of user generated content

  • free content from users

  • leverage trust among users

  • brand loyalty among users

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risks of ugcs

  • negative voices

  • information distortion from facts to fakes

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share of americans confident in ability to recognize fake news

26 percent

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americans who believe fake news causes a great deal of confusion

67 percent

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americans who accidentally shared fake news

38.2 percent

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social marketing process

  • fan acquisition

  • engagement

  • amplification

  • community

  • brand strength (sales)

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fan acquisition

The strategy of attracting new followers or supporters to a brand or product through various marketing tactics and channels.

social ads, interact, conversation, contest, rewards

social media ads are more effective that organic social media

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engagement

The interaction between a brand and its audience, often measured by likes, shares, comments, and overall participation in content.

photos, customer videos, visitor comments

can be emotional or informational

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positive event

emotional marketer generated content

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negative event

informational marketer generated content

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amplification

The increase in reach or visibility of marketing content, often driven by user engagement, shares, and recommendations.

likes, posts, videos

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community

A group of individuals who interact and engage with one another around common interests. Communities play a vital role in enhancing customer relationships and brand loyalty. newletters, emails, discounts, gifts

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brand strength

The overall value and perception of a brand in the marketplace, influenced by customer loyalty, recognition, and reputation. sales and analytics

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social media ads

  • increase brand awareness, exposure, and image

  • increase traffic, leads sales and conversion

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organic social media

  • improve customer service

  • increase engagement

  • establish expertise

  • increase community and build long lasting relationships

  • increase retention and loyalty

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effectiveness of social media ads

  • facebook ads have 8-9 times higher CTR compared to display ads

  • promoted tweets deliver engagement rates of 1-3 percent, wich is substantially higher than an average display ads

  • social media ads are generally more effective in the early stages of the AIDA model but less effective in the final stages

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AIDA model

A marketing model that describes the stages a consumer goes through when interacting with a product, including Awareness, Interest, Desire, and Action.

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precise targeting of social media ads

facebook: allows advertisers to target consumers based on thier specific interests

linkedin: supports advertisers to target people based on their professional experiences and job titles. most effective for B2B business

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facebook target audience

35 - 44 year old, mostly male

  • facebook live

  • facebook stories

  • facebook reels

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instagram target audience

under 34 years old

  • might benefit from having a themse that can enhance engagement and garner interest

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pinterest target audience

18-49 year old females

users gravitate towards visuals

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x target audience 

38 percent are 23-34 year old active posters

  • conducive to multiple daily posts with video, texts and photos

  • tracked using hashtags

posts can include

  • new product launches

  • new initiatives

  • testimonials

  • content not directly related to products or services

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linkedin target market

25-34 year old B2B

  • career oppertunities, sponsered events, philanthropy, employee sucesss

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snap chat target market

millennial and gen z

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tiktok target market

teens, millennials, baby boomers

  • deceptively simple, quirky or bizarre

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youtube target market

37 percent 25 - 44 year old males

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percentage of online marketing dominated by meta and google

66 percent

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mobile device features

  • personal communicator and organizer

  • screen size and resolution high enough to support graphics and video

  • self locating GPS capability

  • app

  • web browser

  • ultraportable

  • multimedia capable

  • touch/haptic technology

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mobile marketing formats

  • search ads

  • display ads

  • video

  • text/video messaging

  • email, classified, lead generation

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location based marketing

  • moile users are more active and ready to purchase than desktop users

  • more than 80% if US consumers use mobile devices to search for local products

    • 50 percent visit a store within 1 day of local search 

    • 18 percent make a purchase

  • google, meta, twitter

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location based services

  • provide services to users based on location

  • personal navigation

  • point of interest

  • reviews

  • friend finders, family trackers

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geo aware techniques

identify location of users device and target ads, recommending actions within reach

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proximity marketing

identify a perimeter around a location and target ads and recommendations within that perimeter