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MGT 4330 - 1 Questions and Graded Answers

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MGT 4330 - 1 Questions and Graded Answers

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Mkt 4440 Exam 1 Gleiberman Questions and Graded
Answers.
Why do we use A/B testing - To statistically see if the changes we make cause a
difference in consumer interaction


Advertising budget - Amount of money for advertising, hubspot free template



Hoot suite - CRM and social media software management company



Weak ties - People you know the least can give more fruitful information, new sources of
info


Brand equity - the added value a brand name gives to a product beyond the functional
benefits provided


USP - unique selling point



4 Principles of Marketing - Price, placement, product, promotion



SWOT - strengths, weaknesses, opportunities, threats



What are the 5 considerations all digital marketing campaigns should have - Context,
value exchange, objectives, tactics and evals, ongoing optimization (CEOTO)


PEST/PESTLE - Political, economic, social, technological, legal, environmental



KPI's - Key performance indicators

, SMART goals - Specific, Measurable, Attainable, Realistic, Timely



Tactics - Based on the resources that your company has



affiliate marketing - an online marketing strategy in which a business rewards individuals
or other businesses for each visitor or customer the affiliate sends to its website
Product endorsement


Optimizing and reassessing - A/B testing



Community Guidelines - The rules and principle that community members must adhere to
when communicating on a brand platform.


community management - Building and monitoring of online communities that involve
the brand


Lead - Someone who shows interest in brand and could be converted into customer



Objective - Desired outcome of campaign



ORM - online reputation management
Understanding and influencing perception online


SEO - Search Engine Optimization



Social Media Dashboard - Service that lets you manage social media platforms



social network - Becoming apart of a larger online community

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