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Which of the following factors correctly explains the importance of social media for marketers? Multiple Choice McKinsey and Company estimates that between up to 50% of all purchases are driven primarily by word of mouth recommendations O Customers acquired through word-of-mouth avenues are worth twice as much as are those attracted through other channels All of these factors correctly explain the importance of social media for marketers According to Intuit co-founder Scott Cook. "A brand is no longer what we tell the consumer it is. It is what consumers tell each other it

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It is to be noted that all the factors indicated correctly explain the importance of social media for marketers. (Option C)


Why is social media important for markets?

Marketers can connect and engage potential clients wherever they are on social media. Marketers can engage their audience with a solid social media strategy and the ability to develop interesting content.

Social media may help you interact with your consumers and learn what others are saying about your company. Social media may also be used for advertising, promotional freebies, and mobile applications. Social networking may help your business acquire clients, gather feedback from customers, and increase customer loyalty.

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Full Question:

Which of the following factors correctly explains the importance of social media for marketers? Multiple Choice

McKinsey and Company estimates that up to 50% of all purchases are driven primarily by word-of-mouth recommendations

Customers acquired through word-of-mouth avenues are worth twice as much as are those attracted through other channels

All of these factors correctly explain the importance of social media for marketers

According to Intuit co-founder Scott Cook. "A brand is no longer what we tell the consumer it is. It is what consumers tell each other it

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