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A beer company called BestBeer Inc. spent $ 5 M to purchase an ad slot during the Superbowl. The production of the ads cost another
A beer company called BestBeer Inc. spent $M to purchase an ad slot during the Superbowl. The production of the ads cost another $M The marketing analytics team evaluated the incremental sales attributed to the Superbowl ad at $M
What is the return on investment ROI for this ad investment including production and showing
In calculating ROI, we need to get two numbers, one for investment and the other one for return In this analysis, the investment is straightforward to measure; however, it is quite challenging to evaluate the return that we should attribute to this particular investment. This is true especially considering that the marketing department did not stop other spending in promoting the product. Can you elaborate on the possible please list at least two challenges in calculating the return on this ad spending?
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