Ask Question
BusinessBusiness
23 November, 05:09

1. What does it mean for a company to have a competitive advantage?

2. What power has social media granted companies that they had never had before?

3. What are the advantages of email marketing over traditional print advertisements?

4. What did the Sports England campaign, discussed in this unit, illustrate to marketers about the female demographic?

5. How does pay-per-click advertising work?

+5
Answers (2)
  1. 23 November, 08:53
    0
    1. What does it mean for a company to have a competitive advantage? Competitive advantage is when a company has superiority to another company in terms of business position. With this superiority, they are able to create more profit on their goods.

    2. What power has social media granted companies that they had never had before? Social media has allowed companies to reach their audience at a quicker and easier rate due to the ability to reach them on multiple platforms at the same time. They are also able to track what people like based on their selections on social media and provide advertisements in their feeds. Social media has opened up ways for companies to reach their audience and develop new audiences from their ability to connect in many ways.

    3. What are the advantages of email marketing over traditional print advertisements? Email marketing allows their message to go directly into someones inbox. This saves time and money because they can type one email, hit send and it go to all of their addresses. There is no time spent in labeling print advertisements to send off or the money and time in disbursement it takes.

    4. What did the Sports England campaign, discussed in this unit, illustrate to marketers about the female demographic? (N/A)

    5. How does pay-per-click advertising work? Pay-per-click or cost-per-click is an advertising model used to direct traffic to websites on the internet. If there is a click from a customer or potential customer, then the person wanting the advertisement up pays the person who published their advertisement.
  2. 23 November, 09:05
    0
    A competitive advantage is a market variable that gives a company or product an advantage over competitors in the same market space. Market variables can include product features, brand power or market position. Social media allows companies to communicate directly with customers.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “1. What does it mean for a company to have a competitive advantage? 2. What power has social media granted companies that they had never ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Manufacturing reports the following data for the month: Purchases of raw materials, on account $55,250 Materials requisitions: Direct materials 49,750 Indirect materials 3,700 Labor incurred (not yet paid) : Direct labor 51,000 Indirect labor 2,500
Answers (1)
After the financial crisis that hits the country of Cinfuria in 2012, a total of 4 4 million people are unemployed. If 25 25 million individuals are lucky enough to keep their jobs, what is the unemployment rate
Answers (1)
Singing Fish Fine Foods has a current annual cash dividend policy of $2.502.50. The price of the stock is set to yield a return of 14 %14%. What is the price of this stock if the dividend will be paid a. for 1212 years
Answers (1)
Collection of a $3000 Accounts Receivable decreases a liability $3000; increases owner's equity $3000. decreases an asset $3000; decreases a liability $3000. increases an asset $3000; decreases an asset $3000.
Answers (1)
Diego transfers real estate with an adjusted basis of $648,400 and fair market value of $907,760 to a newly formed corporation in exchange for 100% of the stock.
Answers (1)
New Questions in Business
Assume a nominal interest rate on oneminusyear U. S. Treasury Bills of 3.80% and a real rate of interest of 2.00%. Using the Fisher Effect Equation, what is the exact expected rate of inflation in the U. S. over the next year?
Answers (1)
You are a manager who works directly with employees that are new to the company. Do you want to have a narrow span of control or a wide span of control? Why?
Answers (1)
A primary job of team management is to manage player salaries so that productive players make more than others. This serves the purpose of rewarding players and providing incentives. For defensive backs, bonuses are given for interceptions.
Answers (1)
Approximately what percentage of wealth is owned by the top 20 percent of american households?
Answers (1)
Why do company manager-owners smile when they ring the stock exchange bell at their IPO? A. Manager-owner are freed of burden of managing their company. B. An IPO reveals the value of the manager-owners' value. C.
Answers (1)
Home » Business » 1. What does it mean for a company to have a competitive advantage? 2. What power has social media granted companies that they had never had before? 3. What are the advantages of email marketing over traditional print advertisements? 4.
Sign Up Forgot Password?