Discuss the advantages and disadvantages of using different types of Internet advertising
What will be an ideal response?
Internet advertising such as banners, pop-ups, buttons, and search engine and directory listings allow marketers to finely target their customers and to track in real time how people respond to specific messages. Internet advertising also has the advantage of being interactive, leading to a closer relationship between customer and product. Despite all of its advantages, Internet advertising is limited in its audience. Also, Internet users are paying less attention to banners, evidenced by declining click-through rates. One disadvantage of pop-up ads is that most Internet users consider them a nuisance and use pop-up blocking software to avoid them.
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Many companies have dropped formal strategic planning models like the BCG because they can be difficult, time consuming, and costly to implement
Indicate whether the statement is true or false
A local restaurant sells lunch entrees for $7.95, $9.95, and $11.95. From this information, you can infer the restaurant uses which of the following?
A) price discrimination B) odd-even pricing and price lining C) dynamic pricing and price lining D) reference pricing and value pricing E) dynamic pricing and loss leader pricing