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A firm places 8 advertising insertions in a market with a population of 7 consumers. The resulting impressions are shown below, where a '1' represents
A firm places 8 advertising insertions in a market with a population of 7 consumers. The resulting impressions are shown below, where a '1' represents an opportunity-to-see, and '0' signifies that the individual does not have an opportunity to see a particular insertion. (5+5+5 = 15 marks)
Insertion | A | B | C | D | E | F | G |
1 | 0 | 0 | 1 | 1 | 1 | 0 | 1 |
2 | 0 | 0 | 1 | 1 | 1 | 0 | 1 |
3 | 0 | 0 | 1 | 1 | 0 | 0 | 1 |
4 | 1 | 0 | 0 | 1 | 1 | 0 | 1 |
5 | 1 | 0 | 0 | 1 | 1 | 0 | 0 |
6 | 1 | 1 | 0 | 1 | 1 | 0 | 0 |
7 | 0 | 1 | 0 | 1 | 1 | 0 | 0 |
8 | 0 | 1 | 0 | 1 | 1 | 0 | 0 |
- Suppose that only individuals D, E, F and G belong to the target population. Find the target audience's Reach, Reach %, Impressions, average frequency, and TARPs.
- Calculate the effective reach for the whole population for the above advertising campaign if the effective frequency is 6.
- If the first 4 ad insertions are placed through radio at an overall cost of $220 and the next 4 insertions through TV at a cost of $260, compare the cost effectiveness of the two media by calculating cost per impression.
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