Googol and Visagetext are two social media platforms. When Googol was launched, many reviewers claimed that it was better than Visagetext and advised users to switch. Today, Visagetext continues to be the leader in the sector, despite rave reviews for Googol. This is an example of the superior product not always winning competition within the market. this is not an example of competition competition to dominate the market.

Googol and Visagetext are two social media platforms. When Googol was launched, many reviewers claimed that it was better than Visagetext and advised users to switch. Today, Visagetext continues to be the leader in the sector, despite rave reviews for Googol. This is an example of the superior product not always winning competition within the market. this is not an example of competition competition to dominate the market.

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Related questions

Q: Customer Engagement refers to the emotional attachment a customer experiences during repeated and…

A: Customer engagement refers to the ongoing development of a relationship between a company and a…

Q: Why does Pinterest consider Google to be their greatest competitor? Pinterest prioritizes the mobile…

A: About Pinterest and Google - Pinterest - Pinterest is a concept that is described as an American…

Q: Evaluate Red Bull’s social media marketing strategy using the 4Eframework.

A: social media marketing is a platform and website to promote the product, interact with customers,…

Q: Using relevant digital marketing concepsts, discuss the significance of social media in businesses…

A: In today's digital world, social media has become an essential tool for organisations, providing…

Q: Find a social media campaign from the past three years and, using the metrics from the article,…

A: The job of the marketers is one of the effective and important work for the organizations. The…

Q: We made our own company its called BullsEye Co. its a promotion business that promotes Spotify. we…

A: Promotion: The spread of information about a product or a service of a business organisation is…

Q: How is marketing more than just social media

A: Every company will create value for customers in terms of products and services. There will be…

Q: Like many newspapers, The New York Times has struggled to attract younger viewers and retain…

A: The term customer retention represents how effective the company or its offerings are in ensuring…

Q: . How could Google use its innovativeness to succeed in the growing field of mobile marketing?

A: Ans. Introduction The basic truth is that there is nobody right method for prevailing in mobile…

Q: Do Marketers need to only focus on three dimensions of social media: scope, structure, and…

A: Introduction Marketing today is incomplete without the contribution of social media. Social Media…

Q: What do you think of the above idea? Do you agree or disagree? Explain why and give some specific…

A: In the given excerpt, we are provided with the case study of Chase Sapphire, which basically…

Q: Being a new Director of Digital (Marketing/Advertising) at a startup how to explain an effective…

A: The Digital Marketing Funnel is a strategic model that illustrates the whole purchase process of a…

Q: What does the statement mean?

A: Ans. The following statements talks about the benefits of social media as it is clearly visible from…

Q: How does The Facebook Dilemma relate to social media marketing, influence buying decisions, and are…

A: Marketing aim to provide goods and services to consumers by understanding needs and wants of…

Q: explain why Instagram has changed and how come the need has not been met.

A: Following its most recent update, Instagram has gained a plethora of new foes. The Meta-owned app…

Q: key aspects needed to implement to make sure a business campaign

A: I choose social media. As a platform, social media is about starting a discussion, fostering two-way…

Q: Is StuffDOT doing anything new to enhance the usability of their website?

A: Customers can find things of interest and buy them at a discount on StuffDOT, an online shopping…

Q: Fill in the table of threats and opportunities of the Dove company. Fill in the empty table,…

A: Ans. Introduction Dove is quite possibly of the most grounded brand in the item arrangement of…

Q: Is there anything new that StuffDOT has done to improve the usability of their website?

A: StuffDOT is an e-commerce website that provides visitors with the best deal by providing the best…

Question

Googol and Visagetext are two social media platforms. When Googol was launched, many reviewers claimed that it was better
than Visagetext and advised users to switch. Today, Visagetext continues to be the leader in the sector, despite rave reviews for
Googol.
This is an example of
the superior product not always winning
competition within the market.
this is not an example of competition
competition to dominate the market.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Define the Scenario

VIEW

Step 2: Choose Correct Option:

VIEW

Step 3: Explain Incorrect Options:

VIEW

Solution

VIEW

Step by step

Solved in 4 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.

Similar questions

Three current trends in the Hospitality Industry are: 1. Chatbot to assist you 24*7: 2. Mobile App: 3. Social Media for promotion: 1. Based on the three current trends in th Hospitality Industry. Give examples of activities that are appropriate for the following categories. Describe each activity and discuss why is it appropriate in Age (children, teenagers, adult, seniors),Culture, Gender
Recall 1 marketing communication that resonated with you. This could be a TV ad, sales promotion, or an event from the 2000's (or even later). Try to find the material in Youtube or in other platforms. Evaluate whether this marketing communication was effective for you. Now, with the same company, try to find a marketing communication material they used in the past 3 years. Compare the 2 campaigns and share your insights. Explain how the company shifted or maintained its strategy. Here is one example: Jolibee. In the 90s, their TV ads (https://www.youtube.com/watch?v=etI-Ac8VtrU) are focused on their products. You will notice that their ads have multiple shots of their food items. Now they use platforms, such as Facebook and Youtube to create viral videos (https://www.youtube.com/watch?v=KGH4TBl7v-0) that trigger all sorts of emotions. There is less focus on the product, but more focus on the experience. All their stories anchor on Jolibee as a place or food items that the…
Need help answering the following question as the company is Uber. Who is the target market Uber (It is NOT everyone!). What is the range of products sold? How user friendly is the site? Is it interesting? Informative? Interactive? Does it have a customer experience focus? Explain.
What would be several of Apple’s goals for the iShirt social media campaign? Please include measurable goals supported by credible resources.
Learn about Tide’s “#TideAd” social media campaign on YouTube bysearching for advertisements that use the hashtag. Which of the 4Ecomponents does this campaign leverage?