Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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- The following data are collected after a firm runs a Search Engine Marketing (SEM) campaign. The average revenue per transaction generated from the SEM program is $200. Media Spending Impressions Clicks $524,000 4,768,407 182,341 Determine each of the following metrics for the program detailed above: Cost per Sale Transactions 3,453 Profit per Unit (NOTE: You may express this in Dollar Profit or Profit Margin.) Search Ad Return on Investment (ROI), if the Search Ad Profit is $166,600 NOTE: Please take answers to two (2) decimals, i.e. x.xx, AND use the appropriate notation, i.e. % or $s, when necessary.arrow_forwardWhat are the objectives (the specific actions that must be completed) for the goals to be achieved for the smoking cessation program? The steps month by month to goal attainment.arrow_forwardWhy might a sales budget that intentionally underestimates sales have a negative impact on the organization?arrow_forward
- Describe at least 2 metrics that are commonly used to assign value to tangible benefits?arrow_forwardWhen a firm considers its overall objectives and considers the type of business it is in, it is engaged in which of the following steps of the marketing planning process? defining the mission conducting a situation analysis identifying and evaluating opportunities implementing the marketing mix evaluating performancearrow_forwardWhat is the process for researching customer needs and analysing and interpreting the outcomes to establish business options and opportunities.arrow_forward
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