Select all that applyMarketing analytics makes it possible for marketers to analyze large amounts of collected data concerning customer information and purchase histories to accomplish which of the following? (Choose every correct answer.)Multiple select question.Reduce specialized marketing for different market segments Make appropriate customer-related decisionsOptimize marketing returnsImprove marketing decision making
Question
Select all that applyMarketing analytics makes it possible for marketers to analyze large amounts of collected data concerning customer information and purchase histories to accomplish which of the following? (Choose every correct answer.)Multiple select question.Reduce specialized marketing for different market segments Make appropriate customer-related decisionsOptimize marketing returnsImprove marketing decision making
Solution
The correct answers are:
- Make appropriate customer-related decisions
- Optimize marketing returns
- Improve marketing decision making
Marketing analytics does not typically aim to reduce specialized marketing for different market segments. In fact, it often does the opposite by providing insights that allow for more targeted and effective marketing strategies for each segment.
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Select all that applyMarketing analytics of big data from website traffic is useful for which of the following? (Choose every correct answer.)Multiple select question.Gaining insight into which online content and products most engage website visitorsIdentifying the most relevant keywords to use for the websiteImproving methods of converting shoppers into buyersTreating customer segments as homogenous, or similar to each other
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