Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A charity website collects donations for cancer research. They are considering a sponsored post on Facebook where they will pay $0.54 per click. Potential donors
A charity website collects donations for cancer research. They are considering a sponsored post on Facebook where they will pay $0.54 per click. Potential donors who click on the sponsored post in FB will get sent directly to the charity's website (not to the FB page) where they expect 4.5% of the visitors to make a donation. On average, their donations are $25. What is the ROI for this campaign? Should they pursue it? What is the key assumption of that your analysis in problem 3 makes? Explain it as you would to the director of the charity.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started