Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5. Your planning team has settled on a magazine title to feature your pharmaceutical client's brand. Pharma clients by law have to have advertising in

image text in transcribed
5. Your planning team has settled on a magazine title to feature your pharmaceutical client's brand. Pharma clients by law have to have advertising in publications so all of the medical details can be known. The cost of a full-page ad is $25,000 and the cost of a half page ad is $20,000. What is the cost per thousand for each option? Your circulation is 525,000 and your audience is 4.9 million. a. What are the CPMs for each ad type? b. If 500,000 circulations were actually purchased, either by subscription or newsstand, what is your readers-per-copy? c. The seller is pushing you for a full page ad versus a half-page. What arguments should the seller make, and what pieces of research can you ask for? Be creative

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 Financial Management

Authors: Geert Bekaert, Robert J. Hodrick

2nd edition

013299755X, 132162768, 9780132997553, 978-0132162760

Students also viewed these Finance questions