SBL-3 DM MIdtermPrepManual
SBL-3 DM MIdtermPrepManual
Important Concepts:
Study Tip:
• Understand how AI and real-time data optimize digital marketing strategies, and be
ready to explain how digital platforms cater to different consumer generations.
Important Concepts:
1. Hyperconnectivity:
o Consumers interact with brands through multiple channels and devices (e.g.,
smartphones, smart speakers), driving the need for real-time marketing and
cross-channel strategies.
2. Multi-screening:
o Multi-screening divides consumer attention across devices (e.g., browsing on a
phone while watching TV), making it essential for brands to create concise,
impactful messages to capture attention quickly.
3. Mobile Devices and IoT:
o Mobile-first strategies and IoT devices (e.g., smartwatches) play a key role in
enhancing consumer engagement, requiring marketers to focus on mobile
optimization and seamless digital experiences.
Study Tip:
Important Concepts:
1. Role of Intermediaries:
o Platforms like Amazon and Google influence consumer purchasing decisions
by offering personalized product recommendations and facilitating product
discovery through advanced search algorithms.
2. The Digital Marketplace:
o Digital marketplaces provide businesses with global exposure, and the data
gathered from these platforms helps brands improve their targeting and
customer segmentation.
Study Tip:
• Review the importance of intermediaries in shaping the consumer journey and how
companies can leverage platforms like Amazon to gain a competitive advantage.
Study Tip:
Important Concepts:
Study Tip:
• Be able to explain how consumers make decisions using cognitive and emotional
processes, and how marketers use behavioral nudges to guide those decisions.
Week 6: Digital Marketing Mix and Channels
• Review the 7Ps of the marketing mix (Product, Price, Place, Promotion, People,
Process, Physical Evidence) in the digital context.
• Explore the roles of SEO, SEM, and other digital marketing channels.
Important Concepts:
Study Tip:
• Understand how the 7Ps apply to digital marketing and how to differentiate between
SEO and SEM strategies.
• Understand the concept of the duopoly between Google and Meta (Facebook) in
digital advertising.
• Learn how the digital advertising landscape is evolving with the rise of new
competitors.
• Explore the impact of privacy changes, like Apple's iOS 14 update, on digital
marketing strategies.
• Grasp how emerging platforms like TikTok and Amazon are challenging the duopoly
in the digital ad space.
Important Concepts:
Study Tips: