Given below is a table that represents number of customer visits, number of leads, number of conversions, average order value, and economic value per lead on Facebook and LinkedIn. Analyze the data and answer which channel has higher economic value of lead and higher conversion

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
ChapterA: The Use Of Mathematics In Principles Of Economics
Section: Chapter Questions
Problem 3RQ: Exercise A3 What dome slices of a pie chart represent?
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Given below is a table that represents number of customer visits, number of leads, number of conversions, average order value, and economic value per lead on Facebook and LinkedIn. Analyze the data and answer which channel has higher economic value of lead and higher conversion

 

 

Channel
Number Number Number
of Average
Economic
of
of
order
value per
conv ersions
visits
leads
value
lead
(Rs)
Facebook 100
10
2
1000
200
LinkedIn
100
20
4
750
150
Transcribed Image Text:Channel Number Number Number of Average Economic of of order value per conv ersions visits leads value lead (Rs) Facebook 100 10 2 1000 200 LinkedIn 100 20 4 750 150
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