Complete Solutions
marketing Correct Answers The creation and satisfaction of
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demand for a product or service
digital marketing Correct Answers utilizing the internet and
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other digital channels to drive demand for products and services
strategy Correct Answers A set of ideas that outline how a
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product line or brand will achieve its objectives
tactic Correct Answers A specific action or method that
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contributes to achieving a goal
company, collaborators, competitors, customers, context
Correct Answers 5Cs
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customers Correct Answers potential buyers with wants and
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needs that the company aims to fulfill with its offerings
company Correct Answers the organization or business unit
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providing certain goods and services, often referred to as the
offering
competitors Correct Answers organizations that offer products
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and services that aim to fulfill the same wants and needs, and the
same customers as the company's offering
collaborators Correct Answers external business entities that
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work with the company to create value for customers; examples
, include Raw Materials Suppliers, Distributors, Marketing
agencies, and 3rd Party Retailers.
context Correct Answers the environment in which the
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company operates, and its associated elements such as
regulations or laws, economic conditions, cultural norms, and
technological factors
political, economic, social, technological, environmental, legal
Correct Answers PESTEL stands for
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price, product, place, promotion, people Correct Answers The
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Five P's
status quo, change, exploring, committing, justifying, selection
Correct Answers Buyer Journey:
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Loosening of the _____________________________
Committing to ____________________
______________________ possible solutions
____________________ to a solution
______________________ the decision
Making the _________________________
discovery, consideration, decision Correct Answers 3 primary
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stages of The Buyer Journey
customers, suppliers, new entrants, substitute products,
competitive rivalry Correct Answers Porter's Five Forces:
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Power of __________________
Power of __________________
Threat of ____________________