D373 wgu - Study guides, Class notes & Summaries

WGU D373 Objective Assessment (Latest 2024/ 2025 Update) Marketing in the Digital Era Exam Prep | Questions and Verified Answers|100% Correct| Grade A Q: Who is responsible for ROI? (return on investments) Answer: Chief marketing officer Q: What is the traditional marketing mix? Answer: Product, price, place, promotion Q: What is the expanded marketing mix? Answer: Product, price, place, promotion people,process, physical evidence Q: Strategy Answer...

WGU D373 Objective Assessment V2 (Latest 2024/ 2025 Update) Marketing in the Digital Era | Questions and Verified Answers|100% Correct| Grade A Q: A customer who equates price with quality purchases the most expensive cell phone available. Which type of benefit is described in this scenario? Answer: Cost Q: What is the purpose of estimating customer lifetime value (CLV)? Answer: To determine how much should be spent on acquiring new customers Q: True or False: Cust...

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QUESTIONS AND ANSWERS

WGU D373 Final Exam Review (Latest 2024/ 2025 Update) Marketing in the Digital Era | Questions and Verified Answers|100% Correct| Grade A Q: Marketing Mix (4 P's of marketing) Answer: Price, Place (distribution), Promotion, Product. These are parameters the marketer controls to best appeal to the target market. Q: Expanded Marketing Mix (7 P's of marketing) Answer: Product, price, place (distribution), promotion, people, physical evidence, process Q: What is a va...

Target customers - Customers based on a predefined geographic boundary Market segmentation - Dividing a market through variables such as age, gender, education level, family size, occupation, income, and more Psychographic - Focus on the intrinsic traits the target customer has, such as values, personalities, interests, attitudes, conscious and subconscious motivators, lifestyles, and opinions Behavioral - The way customers go through their decision making and buying processes, includ...

WGU D373 Final Exam (Latest 2024/ 2025 Update) Marketing in the Digital Era | Questions and Verified Answers|100% Correct| Graded A Q: Which description accurately represents a subscribed audience? Answer: Someone who gives permission to receive marketing information from a company Q: Which results-based measurement category is often identified as a key performance indicator (KPI)? Answer: Conversions Q: true or false: Conversational marketing leverages chatbots to...

WGU D373 OA MARKETING IN THE DIGITAL ERA 2024 QUESTIONS WITH COMPLETE SOLUTIONS Target customers - CORRECT ANSWER Customers based on a predefined geographic boundary Market segmentation - CORRECT ANSWER Dividing a market through variables such as age, gender, education level, family size, occupation, income, and more Psychographic - CORRECT ANSWER Focus on the intrinsic traits the target customer has, such as values, personalities, interests, attitudes, conscious and subconscious motiv...

What is a new company entering an established industry with groundbreaking ideas or products known as? - Disruption What is a key factor for product success when a company releases a product that creates a new product category? - Consumer education What is the riskiest growth strategy for a company according to the Ansoff Matrix? - Diversification Which growth strategy in the Ansoff Matrix is represented when a company develops a new product for a new market? - Product diversification Wha...