Answered step by step
Verified Expert Solution
Question
1 Approved Answer
An online advertisement linked to Nutri, a dietary supplement shop, was served to 82% of the customers on a sports enthusiast website that attracted 34,000
An online advertisement linked to Nutri, a dietary supplement shop, was served to 82% of the customers on a sports enthusiast website that attracted 34,000 visits. A total of 420 clickthroughs were recorded. Nutri spent $860 on online advertising last month. One in 7 clicks resulted in a purchase.
What is the cost per mille (CPM)?
CALCULATED VARIABLES: cpi = $0.031
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