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MKTG 4500 Test 1 Questions and Answers 100% Pass

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MKTG 4500 Test 1 Questions and Answers 100% Pass When was the concept of the internet established? - 1956 Dartmouth Artifical Intelligence conference When did researchers begin earnest work on the internet? - 1960s What year was growth accelerated for the internet? - after 1991 What is the virtuous cycle and the internet boom? - 1. consumer and business internet access 2. web content 3. popular fascination 4. repeat 2 100% Pass Guarantee Katelyn Whitman, All Rights Boom and Busts - - fascination with the web also has led to an infusion of investment capital - aggressive, expensive battle for customers doomed many start-ups - greater discipline and more cost-effective marketing plans allowed the dot-com era to take root Boom and Busts Aftermath - Scale back and smarten up marketing expenditures -- focus on customer acquisition costs (ex. free shipping, free merch) -- renewed emphasis on analytics/ROI and sales funn

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MKTG 4500 Test 1 Questions and
Answers 100% Pass


When was the concept of the internet established? - ✔✔1956 Dartmouth

Artifical Intelligence conference


When did researchers begin earnest work on the internet? - ✔✔1960s


What year was growth accelerated for the internet? - ✔✔after 1991


What is the virtuous cycle and the internet boom? - ✔✔1. consumer and

business internet access


2. web content


3. popular fascination


4. repeat




1
100% Pass Guarantee Katelyn Whitman, All Rights

,Boom and Busts - ✔✔- fascination with the web also has led to an infusion

of investment capital


- aggressive, expensive battle for customers doomed many start-ups


- greater discipline and more cost-effective marketing plans allowed the

dot-com era to take root


Boom and Busts Aftermath - ✔✔Scale back and smarten up marketing

expenditures


-- focus on customer acquisition costs (ex. free shipping, free merch)


-- renewed emphasis on analytics/ROI and sales funnel




acquisition --> conversion --> retention --> value growth


What are two new technologies that will bring forward new opportunities?

- ✔✔1. advanced connection devices - from smart phones to home wi-fi --

increase the potential online consumer audience


2. faster internet connections bringing marketing messages to the audience

more swiftly


2
100% Pass Guarantee Katelyn Whitman, All Rights

, -- don't forget about dial-up! know yuor consumer


What is IoT? - ✔✔Internet of Things (IoT) is the network of physical objects

accessed through the internet.




IoT = rail road line, including the tracks and the connections


How can the Google Nest Thermostat improve your day to day activities? -

✔✔Google Nest Thermostat notices you're away, it can have your dryer

switch to a refresh mode when your cycle ends so your clothes stay fresh

and wrinkle-free


What is IoE? - ✔✔The Internet of Everything means bringing together

people, processes, data, and things to make networked connections and

information more relevant and valuable than ever before.


-- IoE is not just about allowing devices to talk to each other, it's about

applying analytics to the data to impact process and change decision

making




3
100% Pass Guarantee Katelyn Whitman, All Rights

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