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What is the definition of contact management?

  1. A strategy focused on using a software program to store and source contact information

  2. A method for organizing meetings and events for contacts

  3. A practice involving face-to-face communication with clients

  4. A technique for sharing contact information on social media

The correct answer is: A strategy focused on using a software program to store and source contact information

The definition of contact management is accurately captured by the notion of a strategy that focuses on using a software program to store and source contact information. Contact management systems are designed to enable businesses and individuals to efficiently collect, organize, and utilize data regarding their contacts—such as names, email addresses, phone numbers, and interaction history. This organized approach allows for better communication and relationship building, aiding businesses in their marketing efforts. With effective contact management, organizations can segment their contacts, tailor their messaging, and manage customer relationships in a streamlined way, ultimately supporting the goals of inbound marketing by fostering engagement and nurturing leads. The other options describe activities related to contacts, but they do not encapsulate the essence of contact management. Organizing meetings and events, engaging in face-to-face communication, or sharing information through social media do not focus on the systematic storage and management of contact data, which is the core function of contact management systems.