subject
Business, 29.01.2021 19:30 joel3410

Many companies are looking to customers and society for assistance in marketing their products since word-of-mouth is a powerful tool. Explain in one paragraph how a company can use crowdsourcing to improve their marketing of the company and the products or services that the company sells.
In the second paragraph, explain how crowdsourcing can create a competitive advantage for the company.
Lastly, explain how a company can track the ROI of such a strategy since the company is still trying to increase sales beyond improving the company or brand image.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 14:30, dabicvietboi
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
image
Business, 22.06.2019 21:00, kebo63
After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years. your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.
Answers: 3
image
Business, 23.06.2019 00:10, jlang8
The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?
Answers: 3
image
Business, 23.06.2019 07:00, kayla2945
Which (if any) of the following scenarios is the result of a natural monopoly? instructions: you may select more than one answer. a. patent holders of genetically modified seeds are permitted to sue farmers who save seeds from one planting season to the next. b. doctors in the united states are prohibited from practicing without a medical license. c. there is one train operator with service from baltimore to philadelphia. d. coal is used as the primary energy in a country with abundant coal deposits.
Answers: 1
You know the right answer?
Many companies are looking to customers and society for assistance in marketing their products since...

Questions in other subjects:

Konu
Advanced Placement (AP), 05.11.2021 23:10