Name the three phases of the flywheel model
Attract, Engage, Delight
Name the stages of the funnel model
Top of the Funnel (TOFU)
Middle of the Funnel (MOFU)
Bottom of the Funnel (BOFU)
True or False
The flywheel model is more cost-effective
true
This company is founded on the principle of customer centricity
Amazon
The energy and momentum of the flywheel depends on ____.
Speed of Rotation, Friction, and Size
True or False
Unlike the traditional funnel model, the flywheel marketing approach promotes stronger cross-team collaboration and more efficient resource allocation.
True
Rather than focusing exclusively on obtaining new customers, flywheel marketing prioritizes client retention and long-term value growth.
Sustainable Growth
The Amazon flywheel is centered around ____.
price value
Uses blog posts, web articles, social media content, or pay-per-click (PPC) ads
Attract
This stage of the funnel is split into two phases, namely: action/purchase and loyalty
Bottom of the Funnel (BOFU)
Maintaining a smooth journey might be difficult when customers switch between stages or go back to prior ones.
Non-linear progression
True or False
Higher and more competitive prices make products more enticing to prospective buyers
False