Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Prospect scoring You only have enough resources to call your 700 5-star prospects (N). Your telemarketers earn $50/hour and can make 8 calls per hour.

Prospect scoring

  • You only have enough resources to call your 700 5-star prospects (N).
  • Your telemarketers earn $50/hour and can make 8 calls per hour.
  • You estimate a 10% success rate (P) on your calls and an average revenue per sale (M) of $2,000 when you make a sale.

Use the information above to answer the following questions.

1. What is your expected revenue per prospect (PM)?

A. $6.25

B. $200

C. $4,375

d. $135,625

e. $140,000

f. 31%

g. 3100%

2. What will be your cost per call (C)?

A. $6.25

B. $200

C. $4,375

d. $135,625

e. $140,000

f. 31%

g. 3100%

3. What is your expected total revenue [N(PM)]?

A. $6.25

B. $200

C. $4,375

d. $135,625

e. $140,000

f. 31%

g. 3100%

4. What will be your total cost (NC)?

A. $6.25

B. $200

C. $4,375

d. $135,625

e. $140,000

f. 31%

g. 3100%

5. What is your total expected profit [N(PM-C)]?

A. $6.25

B. $200

C. $4,375

d. $135,625

e. $140,000

f. 31%

g. 3100%

6. What is your expected ROI (total expected profit / total cost)?

A. $6.25

B. $200

C. $4,375

d. $135,625

e. $140,000

f. 31%

g. 3100%

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_2

Step: 3

blur-text-image_3

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

International marketing

Authors: Philip R. Cateora, Mary C. Gilly, John L. Graham

15th Edition

9789339204464, 9780073529943, 9339204468, 007352994X, 978-0077446956

More Books

Students also viewed these Marketing questions

Question

3 What are the differences between coaching and mentoring?

Answered: 1 week ago