FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Green Goodies spent $1500 on a PR campaign to bring in new customers and increase sales. In the next month, 187 new customers came

1. Green Goodies spent $1500 on a PR campaign to bring in new customers and increase sales. In the next month, 187 new customers came to the store, and (amazingly) each purchased 3 cookies at $4.50 per cupcake. If the YOY (or in this case MOM) growth is usually 30 new customers in a month, what is the ROI for this month? Show your work

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International marketing

International marketing

Authors: Philip R. Cateora, Mary C. Gilly, John L. Graham

15th Edition

9789339204464, 9780073529943, 9339204468, 007352994X, 978-0077446956

More Books

Students also viewed these Marketing questions

Question

★★★★★
Explain the advantage of using a flexible budget.

Answered: 1 week ago

Question

★★★★★
List two business risks that often need to be considered when making a decision about whether to outsource a product or service.

Answered: 1 week ago

Question

★★★★★
Help keep the group focused on the goal.

Answered: 1 week ago

Question

★★★★★
Match each document in a voucher system in column one with its description in column two. Document 1. Voucher 2. Invoice approval 3. Receiving report 4. Invoice 5. Purchase order 6. Purchase...

Answered: 1 week ago

Question

★★★★★
1. Green Goodies spent $1500 on a PR campaign to bring in new customers and increase sales. In the next month, 187 new customers came to the store, and (amazingly) each purchased 3 cookies at $4.50...

Answered: 1 week ago

Question

★★★★★
a) i What are responsibility centers? Give examples of each type. ii) What is the difference between RI and ROI as performance measurement tools. Explain with a numerical example. (8) b Arbon Company...

Answered: 1 week ago

Question

★★★★★
Now that you've explained it, your Events Manager at Hilton believes LEED is a good idea, but that becoming a Zero Carbon certified building is a better path to take. There are a number of strategies...

Answered: 1 week ago

Question

★★★★★
HW 5 (due on Wednesday, December Tuesday, December 8, at 11:59 pm). For all questions, please feel free to use Excel. Please write down the relevant formulas and explanations. You do not need to show...

Answered: 1 week ago

Question

★★★★★
Five years ago, a typical non-food prime site retailer starting out and looking to reach its optimum market might have targeted as many as 200 sites to trade from. Three years ago, that figure would...

Answered: 1 week ago

Question

★★★★★
Charles had been drinking heavily and had an argument with his ex-girlfriend. He threatened to burn her house down. A short time later he set fire to some cardboard boxes on the porch, causing...

Answered: 1 week ago

Question

★★★★★
A company produces three products, Y1, Y2, and Y3 in the same process.The data below reflects average monthly results: Y1 Y2 Y3 Monthly output (kg) 40,000 20,000 20,000 Sales Value at split off...

Answered: 1 week ago

Question

★★★★★
c. What are common stereotypes about the group? How did these stereotypes originate?

Answered: 1 week ago

Question

★★★★★
8. Why do some people in the United States prefer not to talk about history? What views of social reality and intercultural communication does this attitude encourage?

Answered: 1 week ago

Question

★★★★★
1. Cultural-Group History. This exercise can be done by individual students or in groups. Choose a cultural group in the United States that is unfamiliar to you. Study the history of this group, and...

Answered: 1 week ago

Previous Question Next Question