Marketing Assignment: Digital Media Strategies and Firm Analysis
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Homework Assignment
AI Summary
This assignment solution for Principles of Marketing Management explores the multifaceted world of digital media marketing. It begins by identifying and explaining the six key forms of digital media marketing: social media, content marketing, search engine optimization, television advertising, email marketing, and pay-per-click advertising. The assignment then delves into the importance of digital media, analyzing how it adds value to businesses by fostering customer connections, facilitating information sharing, and enabling quick responses to customer inquiries. The analysis includes case studies of two Australian firms, Qantas and Virgin Airlines, and two international firms, Wal-Mart and Adidas, highlighting their digital marketing strategies and offering recommendations for improvement, such as focusing on conversions and ensuring easily accessible customer service. The solution references relevant academic sources to support its claims.
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