What is a significant drawback of one-to-one marketing?

Get more with Examzify Plus

Remove ads, unlock favorites, save progress, and access premium tools across devices.

FavoritesSave progressAd-free
From $9.99Learn more

Master the Foundation of Marketing concepts with our test prep resources. Use flashcards and multiple choice questions, with hints and detailed explanations to excel in your exam!

One-to-one marketing is a strategy that involves tailoring marketing efforts to individual customers based on their specific preferences and behaviors. While this approach can provide personalized experiences and enhance customer loyalty, a significant drawback is that it often incurs higher costs than more traditional marketing strategies. The implementation of one-to-one marketing requires advanced data collection, analysis, and the ability to deliver customized content or offers, which can involve substantial investment in technology, data analytics, and human resources.

Organizations may need to invest in sophisticated customer relationship management (CRM) systems, marketing automation tools, and other technologies to effectively reach each individual customer. Moreover, the process of gathering and analyzing customer data to create targeted campaigns can also be labor-intensive and costly. Consequently, while one-to-one marketing can yield substantial benefits, the associated expenses can be a significant drawback that companies need to consider when implementing this strategy.

The other options highlight various aspects of marketing strategies, but they do not encapsulate the main financial implications associated with the one-to-one approach as effectively as the correct choice does.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy