1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dalvyx [7]
1 year ago
11

What is the difference between personalization and customization, as applied to e-commerce technologies

Business
1 answer:
baherus [9]1 year ago
8 0

There is no difference. Both terms refer to changing a product or communication for the consumer. Personalization refers to adjusting marketing messages for a specific consumer; customization refers to adjusting a product or service based on a user's preferences.

<h3>What is Personalization?</h3>

Personalization is the process of tailoring a service or product to specific individuals, which is sometimes linked to groups or segments of individuals.

According to McKinsey, personalization can deliver 5-8x the ROI on marketing spend and increase sales by 10% or more.

Personalization is the act of tailoring a service or product to a specific person or group. Personalization, as the name implies, is centered on the individual, meeting a specific customer's needs and reflecting them in the product or service.

Personalization is especially effective at fostering long-term engagement and loyalty. Recurring interactions generate more data for brands to use to create ever-more relevant experiences, resulting in a flywheel effect that generates strong, long-term customer lifetime value and loyalty.

To know more about Personalization follow the link:

brainly.com/question/3520848

#SPJ4

You might be interested in
. Seven cards each have a positive integer printed
Amiraneli [1.4K]
This is a probability question
4 0
3 years ago
If a worker can produce 20 units of output which can be sold for $4 per unit, what is the maximum wage that firm should pay to h
Scrat [10]

Answer:

$80

Explanation:

Maximum wage is the maximum amount of money that a firm can pay its worker based on what the worker can produce and generate as revenue to the firm.

Given that the worker can produce 20 units of output which can be sold for $4 per unit, The maximum wage that the firm can pay the worker = output × price per unit output.

Maximum wage the firm can pay the worker = 20 units × $4 per unit = $80

7 0
3 years ago
Consider the following scenario and identify which formal research method would be appropriate.
xeze [42]

Answer:

Option C                  

Explanation:

The subject company should conduct a primary research, that is, a firsthand research by itself . In the given case the company is willing to introduce a whole new product to the market, thus they do not have any information regarding the preferences or behavior of their customer.

Scientific experiment would not be feasible as any input data could not be stated as accurate and due to the whole new segment traditional sources of information are of no use also.

6 0
3 years ago
Question 2 of 20
Vinil7 [7]

Answer:

dnddjffktkkyktykykprαnαч gαnjαrє

ok

4 0
3 years ago
Read 2 more answers
Much of the supply of ________________ is from china and india where chemical manufacturers have less government oversight.
Eva8 [605]
The answer in the space provided is 'coming from'. It is because the countries like China and India has government which has less over sight which enables them to transport goods from chemical manufacturers because of their government that are not that strict in terms of transporting goods to other countries compared to others countries that have more over sight and are more strict.
7 0
3 years ago
Other questions:
  • Compared to the accrual basis of accounting, the cash basis of accounting produces a higher amount of income by the net decrease
    10·1 answer
  • Who determines who is authorized for access to areas containing sensitive devices/data/system
    13·2 answers
  • Using an example, explain the relationship between human resources and business objectives.
    9·1 answer
  • Common Stock is 2.5 million shares with a current price of $42 per share; the beta of the stock is 1.34; the standard deviation
    14·2 answers
  • Consider a scenario where a claim of harassment surfaces, employers should only be concerned about their liability if they pursu
    12·1 answer
  • Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was
    7·1 answer
  • Last year, BruceCo sold 1000 coffee cups for $10 each. This year, the company is plannin on selling 1500 coffee cups. In order t
    9·1 answer
  • Como se origino el hombre​
    6·1 answer
  • What is the meaning of market testing?
    13·2 answers
  • Due to labor-market regulations that make it difficult for young workers to break into the labor force, Spain has the highest le
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!