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To Get Consumers to Come Back Frequently to Its Website,Amazon

question 83

Essay

To get consumers to come back frequently to its website,Amazon.com is considering developing a series of movie critics and book reviewers discussing DVDs and books that are available to the market that week.The format is designed to be entertaining.Explain what this internet practice is called and why advertisers are starting to use it more often.


Definitions:

Strategic Marketing Decision

A choice made in marketing that is intended to contribute to long-term business success, often involving product development, market selection, and positioning.

STP Analysis

Segmentation, Targeting, and Positioning analysis is a marketing strategy that divides a broad market into distinct groups to tailor marketing efforts effectively.

Marketing Mix

The mix of elements a company can manage to encourage consumers to buy its products, which encompasses product, price, location, and marketing.

BCG Matrix

A strategic business tool used to evaluate the relative performance of different business units or products based on market growth rate and market share.

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