Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate # households, CPM and CPP for the 5 programs shown. Nielsen ratings are very important to both advertisers and television programmers because the cost

Calculate # households, CPM and CPP for the 5 programs shown.

image text in transcribed
Nielsen ratings are very important to both advertisers and television programmers because the cost of television advertising time is based on these ratings. A show's rating is the number of households in Nielsen's sample that are tuned to that show divided by the number of television-owning households - 115.6 million in the United States. One rating point represents 1 percent of the households (HHS) in the TV market. Nielsen's TV ratings are referred to as C3 and measure viewers who watch commercials live or watch recorded commercials up to three days later. A common measure of advertising efficiency is cost per thousand (CPM), which is the ad cost per thousand potential audience contacts. Advertisers also assess the cost per rating point by dividing the ad cost by the rating. These numbers are used to assess the efficiency of a media buy. Calculate the cost per thousand (CPM) and cost per point (CPP) for each program. Click the icon to view the average price and rating information for programs that are shown at the 8:00 p.m. hour on network television 1 percent of all households in the TV market is 1156000 . (Round to the nearest whole number.) Fill in the table below. (Round the # of households to the nearest whole number, the CPM to two decimal places, and the CPP to the nearest dollar.) Program Cost per :30 C3 Rating # households CPM CPP spot Sunday Night Football $585,000 7.4 X More Info D Program Cost per :30 spot C3 Rating Sunday Night Football $585,000 7.4 The Big Bang Theory $314,000 5.5 The Voice $262, 125 3.6 How I Met Your Mother $152,760 3.1 Agents of S.H.I.E.L.D. $168, 145 2.6 tructor Final check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

College Accounting A Practical Approach

Authors: Jeffrey Slater, Mike Deschamps

14th Edition

0134729315, 978-0134729312

More Books

Students also viewed these Accounting questions

Question

=+21.16. For the density Cexp( -1x| "), - o Answered: 1 week ago

Answered: 1 week ago

Question

2. In what way can we say that method affects the result we get?

Answered: 1 week ago