Question

__________ marketing involves developing a unique mix of goods and services for each individual customer.

Answer 1

One-to-one marketing involves developing a unique mix of goods and services for each individual customer.

What is One-to-one marketing?

• Personalized marketing, also referred to as one-to-one marketing or individual marketing, may be a marketing strategy by which companies leverage digital technology and data analysis to deliver individualized messages and product offerings to current or prospective customers.
• Advancements in data collection methods, analytics, digital electronics, and digital economics, have enabled marketers to deploy simpler real-time and prolonged customer experience personalization tactics.
• Personalized marketing depends on many different types of technology for data collection, data classification, data analysis, data transfer, and data scalability.
• Technology enables marketing professionals to gather first-party data such as gender, age group, location, and income and connect them with third-party data like click-through rates of online banner ads and social media participation

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