Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Decision Point: Choosing Your Influencer Type It's time to design your influencer campaign, so you need to decide what type of influencer you want to

Decision Point: Choosing Your Influencer Type
It's time to design your influencer campaign, so you need to decide what type of influencer you want to hire. In your recent meeting with your manager, she reminded you that you allocated 70% of your promotional budget to digital channels, but since you already spent half of it, you have $100,000 left.
To help you make a decision, the research department has provided some valuable data on macroinfluencers, mid-level influencers, and micro-influencers based on industry standards. As always, keep in mind that your goal is to increase.traffic to the firm's website, specifically to the formula maker's product page.
\table[[,\table[[Mega-],[Influencer]],\table[[Mid-level],[Influencer]],\table[[Micro-],[Influencer]]],[Number of followers,2,000,000,300,000,40,000],[Average cost per post,$25,000,$5,000,$500
image text in transcribed

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

Transport Operations

Authors: Allen Stuart

2nd Edition

978-0470115398, 0470115394

More Books

Students also viewed these General Management questions

Question

=+b) What could one do to minimize human error?

Answered: 1 week ago

Question

2.2.8 isLangford Pairing

Answered: 1 week ago