MKTG1203 Study Guide - Final Guide: Google Alerts, Big Data, Customer Engagement

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School
Department
Course
Professor
Digital Marketing
Digital Consumers:
Dominant digital consumers use internet at every opportunity
Hybrid digital use the internet to facilitate better perceived outcomes
for their lives
Reluctant digital reluctant to change to digital solutions unless they
must
IBM consumer segmentation analysis
o Efficiency experts see the adoption of digital deliveries and
services as a way to make life easier
o Content kings includes gamers, newshounds, movie/TV/music
lovers
o Social butterflies cannot imagine not being able to instantly
access their friends
o Connected maestros combines behaviors common to content
kings and social butterflies but with more sophisticated behavior
Distinctly Digital Consumer Elements:
Balance of power has shifted from marketer to consumer
Consumer more empowered due to unprecedented access to
information about products, prices and competition
Transparency of information and ubiquity of access allows the consumer
to have much of the power of the transactions
Companies that embrace the understanding of the individualization effect
benefit from increased performance
Customers want more appropriate, relevant, individualized interaction
more active
Consumer interconnectedness desire to be connected all of the time
plays a significant role in where and how brand interactions occur
Result in a loss of control of brand interaction firms cannot control
consumers say
Trialogue marketer to consumer, consumer to consumer
Internet gives consumers the ability to explore their individuality feel
in control
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