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Approximately 80 Percent of the Images Shared on Social Media

question 2

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Approximately 80 percent of the images shared on social media that include brand logos do not directly mention the brand in text. In fact, a study by Talkwalker found that Starbucks would miss more than 30,000 logo mentions each week without ____________.


Definitions:

Price Elastic

Refers to the responsiveness of the quantity demanded or supplied of a good to a change in its price.

Demand

The desire for a particular good or service combined with the willingness and ability to pay for it.

Ben & Jerry's

A popular American company known for its high-quality, creatively flavored ice creams, frozen yogurts, and sorbets.

Demand Curve

A visual diagram that illustrates how the demand for a product varies with its price, usually showing a decline from left to right.

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