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What is “lift” in marketing terms and why does the author impress this as important?

Words: 216
Pages: 1
Subject: Marketing

 

  • Read the book attached, and then listen to the following podcast:

https://podcasts.apple.com/us/podcast/the-digital-insider-with-sinan-aral/id1626677736?i=1000585444737

 

  • Answer the questions below:
    • According to the author what is The Hype Machine?
    • The author speaks to the good, the dangers and our role in social media. Summarize what they are.
    • What travels faster – fake news or the truth? How does that happen? Is there an example you can cite to illustrate that.
    • What is the network effect?
    • What is “lift” in marketing terms and why does the author impress this as important?
    • What is personalized mass persuasion?
    • What is digital marketing’s dirty secret according to Sinal?
    • Sinal cites Marc Pritchard, the CEO of P&G’s speech in 2017 at the
    • when he told the digital marketing industry to get its act together in terms of transparency. What did he do to prove his point and what was the result?
    • What is hyper socialization and how does that help make messages contagious?
    • What does he mean by the attention economy and how does the Hype Machine feed off it?
    • What does Sinal think we need to do to build a better Hype Machine?
    • After reading this book, what changed for you regarding social media and your responsibility as a marketer?