Changes in Branding and Promotion to Reflect Social Trends (Edexcel A-Level Business): Quizzes

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Changes in Branding and Promotion to Reflect Social Trends
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What are the three key developments that have transformed promotional strategy?

Viral, social media, emotional branding

What is viral marketing?

Strategy encouraging electronic sharing

How many views did Volvo's Jean-Claude Van Damme viral video generate?

Over 76 million views

How does viral marketing work?

Like a biological virus via rapid spread

What is the projected social media marketing budget allocation in 5 years?

22.4% of marketing budget

What is the percentage increase in social media spending over five years?

126% increase

What limitation do Facebook brand pages have?

Most people who 'like' never revisit

Why do businesses create their own social networks?

Greater control over customer data

What does emotional branding appeal to?

Emotions rather than functional benefits

How has Apple succeeded with emotional branding?

Creating a 'cool' product image

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