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Scenario 17-3
As the number of firms utilizing direct marketing continues to grow, so does the number of consumers opposed to the methods often described as "intrusive." To combat the growing number of opposed consumers, marketers need to find creative new ways to optimize their direct marketing campaigns.One such outlet that firms are beginning to experiment with is social media.Executives understand that many consumers view a company's Facebook page more often than the company's home page, so they've grown to realize that setting up some form of an email optin on social media sites is a great way to build marketing databases.In addition to opt-in sections, social media allows businesses to interact with consumers, which may make them less inclined to respond negatively to a company's direct marketing efforts.By utilizing social media more often in the future, a number of U.S.companies hope to build stronger and more useful marketing databases.
-(Scenario 17-3) What effect has the Internet had on the privacy concerns regarding direct marketing?
X-y Grid
A graphical representation used to plot data within a Cartesian coordinate system, where 'x' and 'y' represent two different variables.
Total Costs
The sum of all expenses incurred in the production of goods or services, including fixed, variable, and incidental costs.
Location Decision
The process of choosing a geographical location for a company's operations, considering factors like cost, logistics, and market access.
Geographic Areas
Distinctive locations or regions defined for purposes of analysis, management, or marketing.
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