Question.1926 - Complete the following for the Module 3 homework assignment:The key to marketing excellence is a sense of continual improvement, and as such, marketers must beconstantly researching the rapidly emerging global marketplace and adjusting and adapting strategiesto meet these requirements. When answering the questions below, remember marketers are facingan ever-crowded attention economy marketplace and there is a clear need to think harder about howto survive and thrive. Traditional marketing is a mandatory foundation, but the application of newstrategies is essential, such as influencer marketing, business-to-individual marketing strategy drivenby artificial intelligence, and many other emerging methods. Respond to the prompts below:Explain how adjusting the customer service level could improve a marketing mix and how thecurrent fourth industrial revolution/attention economy impacts these efforts. Provideexamples to support your claims.Discuss the life cycle of a product in terms of its probable impact on a manufacturer'smarketing mix. Has the advent of the fourth industrial revolution and artificial intelligencechanged the rate of impact? Include examples such as but not limited to personal computers.What are the advantages and disadvantages of shopping for clothing on the Internet?
Answer Below:
Adjusting xxxxxxxx Service xxxxx and xxx Fourth xxxxxxxxxx Revolution xxxxxxxxx the xxxxxxxx service xxxxx can xxxxxxxxxxxxx impact x marketing xxx Enhanced xxxxxxxx service xxx lead xx improved xxxxxxxx satisfaction xxxxxxx and xxxxxxxx word-of-mouth xxxxx in xxxx can xxxxxxx a xxxxxxxxx reputation xxx market xxxxxxxxxxx For xxxxxxxx timely xxx personalized xxxxxxxxx to xxxxxxxx inquiries xxxxxxxxx complaint xxxxxxxxxx and xxxxxxxxx communication xxx set x business xxxxx in xxx attention xxxxxxx In xxx context xx the xxxxxx industrial xxxxxxxxxx and xxx attention xxxxxxx customer xxxxxxx has xxxxxx even xxxx critical xxx Fourth xxxxxxxxxx Revolution xxxxxxxxxxxxx by xxxxxxxxxxxx in xxxxxxxxxx and xxxxxxxxxx has xxxxxxx businesses xx implement xxxxxxxxx chatbots xxx instant xxxxxxxx support xxxxxxxxxx analytics xxx personalized xxxxxxxxxxxxxxx and xxxxxx listening xxxxx to xxxxxxx customer xxxxxxxxxx promptly xxxxx technologies xxxxx to xxx fast-paced xxxxxx of xxx attention xxxxxxx where xxxxxxxxx and xxxxxxxxx customer xxxxxxxxx is xxxxxxxxx Example xx e-commerce xxxxxxx employing xxxxxxxxxx chatbots xxxx provide xxxxx and xxxxxxxx responses xx customer xxxxxxx and xxxx offer xxxxxxxxxxxx product xxxxxxxxxxxxxxx based xx user xxxxxxxxxxx Product xxxx Cycle xxx Impact xx Marketing xxx The xxxxxxx life xxxxx consists xx stages xxxxxxxxxxxx growth xxxxxxxx and xxxxxxx Each xxxxx affects x manufacturer's xxxxxxxxx mix xxxxxxxxxxx Introduction xx this xxxxx a xxxxxxx is xxxxxxxx and xxxxxxxxx efforts xxx focused xx creating xxxxxxxxx Manufacturers xxxxxx heavily xx promotion xxx product xxxxxxxxxxxxxxx The xxxxxx industrial xxxxxxxxxx and xxxxxxxxxx intelligence xxxx accelerated xxxx stage xxxxxxx targeted xxxxxx advertising xxxxxxxxxx collaborations xxx AI-driven xxxxxxxxxxxx recommendations xxx example xxx introduction xx personal xxxxxxxxx was xxxxxxxxxxxxxx by xxxxx online xxxxxxxxxxxxx and xxxxxxx advertising xxxxxx During xxxx stage xxxxx and xxxxxx increase xxxxxxxxx efforts xxxxx towards xxxxxxxx brand xxxxxxx and xxxxxx share xxx advent xx AI xxx significantly xxxxxxxx data xxxxxxxx allowing xxxxxxxxxxxxx to xxxxxxxxxx consumer xxxxxxxx better xxxx enables xxxx precise xxxxxxxxx and xxx creation xx tailored xxxxxxxxx campaigns xxxxxxxx In xxx maturity xxxxx competition xxxxxxxxxxx and xxxxx growth xxxxxxxxxx Price xxxxxxxxxxx becomes xxxxxxx and xxxxxxxxxxxxx may xxxxx on xxxxxxxxxxxx their xxxxxxx line xx adding xxxxx through xxxxxxxxxxxxx services xxxxxxxxxx chatbots xxx recommendation xxxxxxx enhance xxxxxxxx support xxx cross-selling xxxxxxxxxxxxx Decline xx a xxxxxxx reaches xxx decline xxxxx sales xxxxxxxx due xx market xxxxxxxxxx or xxxxxxxx consumer xxxxxxxxxxx In xxxx stage xxxxxxxxxxxxx might xxxxxxxx discontinuation xx product xxxxxxxxxxxxx AI xxx aid xx predicting xxxxxxx patterns xx analyzing xxxx trends xxxxxxxx companies xx make xxxxxxxx decisions xxxxxxx The xxxxxx of xxxxxxxx computers xxxxxxxxxxx this xx the xxxxxxxxxxxx stage xxxxxxxxx market xxxxxxxx identified xxx demand xxx user-friendly xxx In xxx growth xxxxx AI xxxxxxxxxx facilitated xxxxxxx audience xxxxxxxxx During xxxxxxxx AI-driven xxxxxxxxxxxxxxx and xxxxxxxx sustained xxxxxxxx Advantages xxx Disadvantages xx Online xxxxxxxx Shopping xxxxxxxxxx Convenience xxxxxxxx can xxxxxx and xxxxxxxx from x vast xxxxx of xxxxxxx without xxxxxxx their xxxxx Variety xxxxxx platforms xxxxx access xx a xxxxxx selection xx clothing xxxxxx and xxxxxx Price xxxxxxxxxx Online xxxxxxxxx enable xxxx comparison xx prices xxx discounts xxxxxxxxxxxxxxx AI xxxxxxxxxx can xxxxxxx clothing xxxxx on xxxxxxxxxxx and xxxxxxxx history xxxxxxxxxxxx Online xxxxxx are xxxx allowing xxxxxxxx at xxx time xxxxxxxxxxxxx Fit xxx Feel xxxxxxxxx can't xxx on xxxxxxx before xxxxxxxx leading xx potential xxxxxx and xxxxxxx issues xxxxxxx and xxxxxx Returning xxxxx can xx cumbersome xxx shipping xxxxxx may xxxxx Lack xx Tangibility xxxxxxxx can't xxxxxxxxxx touch xx inspect xxxxx before xxxxxx Security xxxxxxxx Sharing xxxxxxxx and xxxxxxxxx information xxxxxx can xxxx to xxxxxxxx risks xxx fourth xxxxxxxxxx revolution xxx AI xxxx influenced xxxxxx clothing xxxxxxxx by xxxxxxxxx personalization xxxxxxx recommendation xxxxxxx virtual xxxxxxx using xxxxxxxxx reality xxx efficient xxxxxxx processes xxxxx advancements xxxxxxx some xxxxxxxxxxxxx while xxxxxxxx to xxx attention xxxxxxxxx demand xxx seamless xxxxxxxx experiences xx conclusion xxx marketing xxxxxxxxx is xxxxxxxx rapidly xxx to xxx fourth xxxxxxxxxx revolution xxx the xxxxxxxxx economy xxxxxxxxxx improvement xxxxxxxxxx and xxx integration xx new xxxxxxxxxx are xxxxxxxxx for xxxxxxxxx to xxxxxx Adjusting xxxxxxxx service xxxxxxxxxx AI xxx understanding xxxxxxxx product xxxx cycle xxxxxxxx are xxx aspects xx this xxxxxxxxx References xxxxxxxxx customer xxxxxxx through xxxxxxx of xxxxxxx Effective xxxxxxxxx at xxxxx www xxxxxxxxxxxx net xxxxxxxxxxx Enhancing xxxxxxxx loyalty xxxxxxx quality xx service xxxxxxxxx strategies xx improve xxxxxxxx satisfaction xxxxxxxxxx relationship xxx engagement xxxxxxxxxx and xxxxxxxxxxxxx of xxxxxx shopping x javatpoint xx date xxx javatpoint xxx Available xx https xxx javatpoint xxx advantages-and-disadvantages-of-online-shoppingMore Articles From Communication