________ can benefit retailers by helping them to predict shopping behavior, provide personalized, real-time messaging and promotions, and track customer needs.

Question

BlackTom AI · Accepted Answer

The prompt asks: '________ can benefit retailers by helping them to predict shopping behavior, provide personalized, real-time messaging and promotions, and track customer needs.'

Option 1: Shopper marketing. This term generally refers to strategies aimed at influencing shoppers at the point of purchase and leveraging in-store experiences; while related to consumer behavior, it is not the specific discipline described as predicting behavior, real-time messaging, and tracking needs across channels.

Option 2: Multichannel retailing. This describes selling through multiple channels (online, in-store, mobile, etc.) and coordinating them. It is a distribution approach, not a single analytics function that predicts behavior or enables real-time personalized messaging.

Option 3: Brokers. In a retail context, brokers are intermediaries arranging deals or data exchanges; this option does not align with the capability of predicting shopping behavior or delivering personalized messaging and tracking needs.

Option 4: Data analytics. This field focuses on examining data to extract insights, forecast trends, and inform targeted actions. It directly supports predicting shopping behavior, enabling real-time personalization, and tracking customer needs, which matches the description in the question.

Option 5: Telemarketing. This is a direct marketing method using phone calls to reach customers. It does not pertain to predictive analytics or real-time messaging and needs tracking in the broad sense described.

In summary, the description centers on using analytical methods to foresee behavior and tailor communications in real time, which aligns with data analytics rather than the other options that reference broader strategies, methods, or intermediaries rather than the analytical capability itself.

MKT250002.2025FA POM Chs 15 - 17- Requires Respondus LockDown Browser

________ can benefit retailers by helping them to predict shopping behavior, provide personalized, real-time messaging and promotions, and track customer needs.

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MKT*2500*02.2025FA POM Chs 15 - 17- Requires Respondus LockDown Browser

________ can benefit retailers by helping them to predict shopping behavior, provide personalized, real-time messaging and promotions, and track customer needs.

View Explanation

Log in for full answers

Similar Questions

Which of the following is a major trend impacting companies?

In a consumer society, many adults channel creativity into buying things

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People born without creativity never can develop it

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Which of the following statement regarding cost is correct:

Under the assumptions used in cost-volume-profit analysis, as the activity increases:

The CVP and break-even analysis are supported by a range of important assumptions. Which of the following is not an assumption of the CVP:

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MKT250002.2025FA POM Chs 15 - 17- Requires Respondus LockDown Browser