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Jlenok [28]
4 years ago
14

A company’s website has seen 50% more traffic since its new product was positioned. There is also social media traffic buzz abou

t the product. The marketing team is thrilled with the numbers of site visits and buzz. After speaking with the customer service team, they discovered most of the web traffic is to get the customer service number to complain about the new product’s small size. Most of the buzz is also negative about the size too. Knowing this more specific customer feedback will allow the marketing team to do which of the following to make their messaging more effective?
Business
1 answer:
skelet666 [1.2K]4 years ago
6 0

The correct answer is A) Reevaluate the positioning campaign to see where there is misalignment between message and product.

A company’s website has seen 50% more traffic since its new product was positioned. There is also social media traffic buzz about the product. The marketing team is thrilled with the number of site visits and buzz. After speaking with the customer service team, they discovered most of the web traffic is to get the customer service number to complain about the new product’s small size. Most of the buzz is also negative about the size too. Knowing this more specific customer feedback will allow the marketing team to do the following to make their messaging more effective: "Reevaluate the positioning campaign to see where there is misalignment between message and product.

That is why it is very important to maintain permanent communication channels between departments. So information can be transmitted swiftly to take immediate decisions.

Once they knew the reason for the amount of traffic to the website, the Marketing department should focus on communicating other and better attributes of the product, as well as the company's answer and resolution of the customers' complains.

The other options of the question were B) ignore the customers complains and present the website traffic numbers to management. C) tell the customer service team to deal with the customers and that there is no need to change the marketing.

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A disadvantage of using social media for marketing research is
Elis [28]

Answer:

the sample of individuals from whom content is gleaned may not be statistically representative of the marketplace.

Explanation:

The product that is promoted by Marketing team tend to be suitable only for costumers with specific set of characteristics. (Could be depended on their age, income, gender, etc)

The data that is gained from internet more often than not will come from anonymous Account. You can never be sure about the account's owner identity and characteristic.

Which mean that the person from which the data is taken  do not necessarily represent the market demographic that the marketing team want to target.

6 0
4 years ago
A store that sells books and a store that sells tools are what type of competitors?
Elza [17]
A. they are non competitors because they sell two different things.
8 0
4 years ago
The following statements describe a certain country's economy. What type of economy does this country have? I. Most citizens far
AleksandrR [38]

Answer: B. a traditional economy

Explanation:A traditional economy is one which doesn't operate under a profit motive.

Instead, it emphasizes the trading and bartering of products and services that enable participants to subsist in a specific region, community and/or culture. Largely, traditional economies are a way of life in underdeveloped countries that rely more on old-fashioned economic models like farming or hunting than on newer-age modes like industry and technology.

4 0
4 years ago
Read 2 more answers
Miller Fruit wants to expand its citrus grove operations. The firm estimates that it needs $8.6 million to buy land and establis
Strike441 [17]

Answer: 2.51

Explanation:

First, we calculate the number of shares that will be issued in order to raise $8.6 million at $40 a share. This will be:

= $8.6 million / $40

= 215,000

Since the firm currently has 540,000 shares of stock outstanding, the number of rights that a shareholder will need to purchase one new share of stock in this offering will be:

= 540,000 / 215,000

= 2.51

7 0
3 years ago
Exhibit 12-1 Balance Sheet BANK ABC ($ millions) Assets Liabilities Required Reserves $20 Checkable Deposits $ 100 Excess Reserv
Alborosie

Answer: e. 0.20

Explanation:

The Reserve Requirement is a reserve that the central bank of a country requires that Banks hold in case people started making sudden withdrawals. This way the bank is not in danger of being unable to meet those demands.

The Reserve Requirement is a ratio to the Deposits in the bank by the public.

From the above, the deposits to the bank total $100 million.

The Required Reserves totals $20 million.

This means that the Required Reserves are,

= 20 million / 100 million

= 0.20

5 0
3 years ago
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