Question
Company A sells accounting software and makes $10 000 on each product it sells. It sends an email to its customer base, users who have
Company A sells accounting software and makes $10 000 on each product it sells. It sends an email to its customer base, users who have bought a previous version of the software and might be interested in upgrading. The campaign has an overall cost of $100 000. Of the 5 000 users who receive the email, 10% decide to buy. That means it cost $200 to acquire each of the 500 customers. The company has made ______________ million.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
978-0133428537
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