Chapter 3 & 4 : Digital Marketing: Online, Social, and Mobile & Conscious Marketing, CSR, and Ethics

Flashcards 3 โ€“ Digital Marketing: Online, Social, and Mobile

The 4E Framework for Digital Marketing

๐Ÿ”น Front: What are the 4Es of digital marketing?
๐Ÿ”น Back: Excite, Educate, Experience, Engage.

๐Ÿ”น Front: How can companies excite customers?
๐Ÿ”น Back: Offer relevant and personalized content.

๐Ÿ”น Front: What is the goal of the educate step?
๐Ÿ”น Back: Teach customers about product value and benefits.

๐Ÿ”น Front: How do brands help customers experience their products?
๐Ÿ”น Back: Provide vivid information and virtual experiences.

๐Ÿ”น Front: Why is engagement important in digital marketing?
๐Ÿ”น Back: Engaged customers are more loyal and profitable.


The 7C Online Marketing Framework

๐Ÿ”น Front: What is the first step in the 7C framework?
๐Ÿ”น Back: Define Core Goalsโ€”align with target audience.

๐Ÿ”น Front: What is the role of Context Elements?
๐Ÿ”น Back: Ensure good design and easy navigation.

๐Ÿ”น Front: How does Content impact online marketing?
๐Ÿ”น Back: Uses SEO, SEM, and keywords to attract visitors.

๐Ÿ”น Front: Why is Community important in online marketing?
๐Ÿ”น Back: Encourages customer interaction through blogs and forums.

๐Ÿ”น Front: What is Commerce in online marketing?
๐Ÿ”น Back: Offering multiple purchasing options for customers.

๐Ÿ”น Front: How does Connection drive customer engagement?
๐Ÿ”น Back: Encourages interaction and repeat visits.


The Wheel of Social Media Engagement

๐Ÿ”น Front: What are the five drivers of social media engagement?
๐Ÿ”น Back: Information, Connected, Network, Dynamic, Timeliness effects.

๐Ÿ”น Front: What is the Information Effect in social media?
๐Ÿ”น Back: Sharing relevant content with the audience.

๐Ÿ”น Front: How does the Connected Effect work?
๐Ÿ”น Back: People use social media to stay connected.

๐Ÿ”น Front: What is the Network Effect?
๐Ÿ”น Back: A single post can reach thousands instantly.

๐Ÿ”น Front: What is the Timeliness Effect?
๐Ÿ”น Back: Engaging customers at the right place and time.


Mobile App Usage & Pricing

๐Ÿ”น Front: What are the seven reasons people use mobile apps?
๐Ÿ”น Back: Me Time, Socializing, Shopping, Accomplishing, Preparation, Discovery, Self-Expression.

๐Ÿ”น Front: What are the four pricing models for mobile apps?
๐Ÿ”น Back: Paid apps, freemium, ad-supported, in-app purchases.


Digital Marketing Strategy & Analytics

๐Ÿ”น Front: What are the three steps of customer engagement in digital marketing?
๐Ÿ”น Back: Listen, Analyze, Do.

๐Ÿ”น Front: Why is Listening important in digital marketing?
๐Ÿ”น Back: Helps companies understand customer sentiment.

๐Ÿ”น Front: What are key performance metrics in digital marketing?
๐Ÿ”น Back: Hits, page views, bounce rate, conversion rate, click paths, keyword analysis.

๐Ÿ”น Front: What are the five steps to launching a digital marketing campaign?
๐Ÿ”น Back: Identify strategy, target audience, budget, develop campaign, monitor & adjust.


Key Terms

๐Ÿ”น Front: What is a bounce rate?
๐Ÿ”น Back: Percentage of visitors who leave a site quickly.

๐Ÿ”น Front: What is a conversion rate?
๐Ÿ”น Back: Percentage of visitors who take the desired action.

๐Ÿ”น Front: What is sentiment analysis?
๐Ÿ”น Back: Analyzing social media to gauge customer opinions.


Flashcards Chapter 4 โ€“ Conscious Marketing, CSR, and Ethics

1. Conscious Marketing Basics

๐Ÿ”น Front: What is Conscious Marketing?
๐Ÿ”น Back: A business approach that considers ethical, social, and environmental responsibility while maintaining profitability.

๐Ÿ”น Front: What are the key areas of Conscious Marketing?
๐Ÿ”น Back: Ethical, social, and environmental responsibility.

๐Ÿ”น Front: How is Conscious Marketing different from traditional marketing?
๐Ÿ”น Back: It prioritizes ethical decision-making and stakeholder impact over just profits.


2. Corporate Social Responsibility (CSR)

๐Ÿ”น Front: What is Corporate Social Responsibility (CSR)?
๐Ÿ”น Back: Voluntary business actions that address ethical, social, and environmental concerns.

๐Ÿ”น Front: How does CSR relate to Conscious Marketing?
๐Ÿ”น Back: CSR is part of Conscious Marketing but does not always integrate ethical decision-making into core business strategy.

๐Ÿ”น Front: Give an example of a company practicing CSR.
๐Ÿ”น Back: Walmart (sustainability initiatives but not fully conscious marketing).


3. Conscious Marketing vs. CSR

๐Ÿ”น Front: How does Conscious Marketing differ from CSR?
๐Ÿ”น Back: Conscious Marketing integrates ethics at all levels, while CSR focuses on specific social responsibility programs.

๐Ÿ”น Front: Can a company practice CSR but not be a Conscious Marketer?
๐Ÿ”น Back: Yes, a company can have CSR programs but still make unethical business decisions.


4. Stakeholders in Conscious Marketing

๐Ÿ”น Front: Who are the five main stakeholders in Conscious Marketing?
๐Ÿ”น Back: Employees, Customers, Marketplace, Society, Environment.

๐Ÿ”น Front: How does Conscious Marketing benefit employees?
๐Ÿ”น Back: Ensures safe working conditions and ethical treatment.

๐Ÿ”น Front: How does Conscious Marketing benefit customers?
๐Ÿ”น Back: Increases awareness, builds trust, and improves brand equity.

๐Ÿ”น Front: How does the marketplace respond to Conscious Marketing?
๐Ÿ”น Back: Companies that lead in ethical marketing influence competitors to follow.

๐Ÿ”น Front: How does Conscious Marketing benefit society?
๐Ÿ”น Back: Companies that act responsibly improve communities and avoid harm.

๐Ÿ”น Front: Why is the environment an important stakeholder?
๐Ÿ”น Back: Sustainable practices ensure long-term success and public trust.


5. Leadership & Corporate Culture

๐Ÿ”น Front: What is the role of Conscious Leadership?
๐Ÿ”น Back: Leaders set ethical standards and build a responsible corporate culture.

๐Ÿ”น Front: How did Newmanโ€™s Own show Conscious Leadership?
๐Ÿ”น Back: Donated over $400 million to charities since 1982.

๐Ÿ”น Front: What are the three phases of implementing Conscious Marketing?
๐Ÿ”น Back: Planning Phase (set mission), Implementation Phase (apply ethics), Control Phase (monitor & adjust).


6. Ethics in Marketing

๐Ÿ”น Front: What is the role of ethics in Conscious Marketing?
๐Ÿ”น Back: Ensures fair treatment of stakeholders and builds long-term trust.

๐Ÿ”น Front: Why is balancing stakeholder interests challenging?
๐Ÿ”น Back: Different groups have conflicting needs (e.g., profit vs. sustainability).

๐Ÿ”น Front: What is an example of an ethical dilemma in marketing?
๐Ÿ”น Back: A company using misleading advertising while donating to charity.


7. The 4 Steps of Ethical Decision-Making

๐Ÿ”น Front: What are the four steps in ethical decision-making?
๐Ÿ”น Back: Identify Issues โ†’ Gather Info โ†’ Brainstorm Solutions โ†’ Choose Action.

๐Ÿ”น Front: What happens in Step 1: Identify Issues?
๐Ÿ”น Back: Recognizing potential ethical concerns in business decisions.

๐Ÿ”น Front: What happens in Step 2: Gather Information & Identify Stakeholders?
๐Ÿ”น Back: Understanding who will be affected by the decision.

๐Ÿ”น Front: What happens in Step 3: Brainstorm & Evaluate Alternatives?
๐Ÿ”น Back: Exploring different solutions to the ethical problem.

๐Ÿ”น Front: What happens in Step 4: Choose a Course of Action?
๐Ÿ”น Back: Implementing the best ethical solution.


8. Key Terms & Concepts

๐Ÿ”น Front: Define Corporate Social Responsibility (CSR).
๐Ÿ”น Back: Voluntary actions to improve social, ethical, and environmental impact.

๐Ÿ”น Front: Define Conscious Marketing.
๐Ÿ”น Back: A marketing approach that integrates ethics, responsibility, and stakeholder well-being.

๐Ÿ”น Front: What is an ethical dilemma?
๐Ÿ”น Back: A situation where there is no clear right or wrong decision.

๐Ÿ”น Front: What is an example of unethical but socially responsible behavior?
๐Ÿ”น Back: A company that underpays workers but donates to charity.