ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
he marketing metrics that businesses select should relate directly to the ____ of the marketing plan.
A
demographics
B
objectives
C
organization
D
environment
Explanation: 

Detailed explanation-1: -Marketing metrics are a quantifiable way to track performance and are an important marketing measurement tool for gauging a campaign’s effectiveness. The most appropriate marketing metrics vary greatly from one campaign to the next, but in general they measure the effects of your campaign on audience actions.

Detailed explanation-2: -While marketers might be tempted to focus on vanity statistics like followers and likes, it’s actually more important to track reach, engagement, conversions, and follower demographics. Paid advertising: Marketers will track impressions, clicks, cost-per-click, and the click-through rate as a percentage.

Detailed explanation-3: -Return On Investment (ROI) ROI = customer lifetime value (CLV) – customer acquisition cost (CAC) Marketing Qualified Leads (MQLs) MQLs are often a leading metric of prospective customer activity your marketing efforts directly influence. Impressions. 12-Aug-2022

Detailed explanation-4: -Return on Marketing Investment. Incremental Sales. Cost per Lead. SEO Traffic. Google Analytics Landing Page Performance for Optimization. List Performance. Social Traffic and Conversion. Social Visits and Leads. More items •16-May-2017

There is 1 question to complete.