Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

BearPark, a bottled water manufacturer, has decided to invest in a banner ad on a national news website. The ad is served 445,717 times each

image text in transcribed

BearPark, a bottled water manufacturer, has decided to invest in a banner ad on a national news website. The ad is served 445,717 times each day and typically generates 8,906 clicks per day. Total costs for the banner ad are estimated at 11,580. On average, 25 of those clicking on the advertisement proceed on to the bearpark.com website, but it turns out that the average number of visits to the website via the advertisement is 2.7 . What is the cost per thousand impressions (CPM) for BearPark's ad campaign

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Detailed note on the contributions of F.W.Taylor

Answered: 1 week ago