Question
a) Conduct research on marketing metrices and select 5 key metrices that you would use to track the value-add of marketing in a medium to
a) Conduct research on marketing metrices and select 5 key metrices that you would use to track the value-add of marketing in a medium to large business enterprise.
Explain each of the metrices and indicate how it will add value to your business
Assume that you are a manufacturer of aluminium pots. After some financial analysis you find the following:
variable costs R240
fixed costs R60 000
expected sales 6 000 braais
i) Calculate the unit cost for aluminium pot.
ii) Assume that you want a profit margin of 20% (also called the mark-up). Calculate how much you will charge the customers and what profit you will make per pot sold.
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b)Conduct research on marketing metrices and select 5 key metrices that you would use to track the value-add of marketing in a medium to large business enterprise.
Explain each of the metrices and indicate how it will add value to your business(Business Plan: Start of an Educational Institute for the K11 & K12 students.)
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