Promotion is effective and essential to internet marketing

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1. Discuss how and why online advertising and promotion is effective and essential to internet marketing.

2. Discuss the concepts of customer acquisition, conversion and retention and why are they important for the marketer when developing marketing strategies?

3. Explain the customer lifetime value (CLV) concept. Thinking about a specific firm, how could it use the concept of CLV to increase the overall profitability of its customer base?

Reference no: EM133165241

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