Consider the following statistics for a banner: CPM = Rs. 250 CTR = 0.5% Conversion rate =
Question:
Consider the following statistics for a banner:
CPM = Rs. 250 CTR = 0.5%
Conversion rate = 2%
a. What is the cost per visitor who clicks on the site?
b. What is the cost per sale?
c. Do you think it is a good idea to advertise using a banner at this cost? Why?
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Related Book For
Advertising And Promotions: An IMC Perspective
ISBN: 185575
1st Edition
Authors: Kruti Shah, Alan D'Souza
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