digital marketing

digital marketing

University

10 Qs

quiz-placeholder

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digital marketing

digital marketing

Assessment

Quiz

Social Studies

University

Easy

Created by

Neil Sung

Used 4+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which strategy is most effective for luxury brands to engage high-net-worth clients and build loyalty?

Offering mass discounts and promotions

Using traditional advertising channels

Hosting exclusive events, creating bespoke experiences, and involving clients in philanthropic initiatives

Expanding into mainstream markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a primary reason luxury brands use exclusive digital platforms?

To increase product availability

To enhance customer privacy and elite status

To provide discounts and promotions

To reduce production costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a current approach used by luxury brands to create exclusivity?

  • Ultra-limited editions

  • Personalized experiential packages

Frequent product launches

Access to rare materials

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do artistic collaborations benefit luxury brands?

They allow brands to produce items in bulk

They attract clients seeking cultural relevance and unique designs

  • They reduce marketing costs

They are a strategy to attract younger audiences

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do luxury brands offer lifetime maintenance and aftercare services for UHNWIs?

To allow product upgrades

To preserve product value as a long-term investment

To simplify customer service

To encourage frequent purchases

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The primary goal of personalized experiential packages and VIC treatment

Enhance customer loyalty through unique, tailored experiences

Reduce brand costs by standardizing services

Increase product accessibility

Simplify customer interactions

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Does Luxury brands collect personal information to enhance customization?

YES

NO

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