Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Quantitative Assessment: Another client of ours runs search and social marketing campaigns in a single state. Given the following assumptions, which channel would you allocate

image text in transcribed
Quantitative Assessment: Another client of ours runs search and social marketing campaigns in a single state. Given the following assumptions, which channel would you allocate more budget to, and why? Channel A offers a $1.70 CPC. You expect a click-through rate of 0.2% and an average order value of $34. Channel B offers a $6.00 CPM. You expect a click-through rate of 0.5% and an average order value of $30. Your site's normal conversion rate is 8%. Assume that site visitors from both channels will convert at the same rate. Please create and attach an Excel sheet with the above data and show all work that led to your conclusion

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

Accounting Regulation In Europe

Authors: McLeay Stuart

1st Edition

0333694600, 9780333694602

More Books

Students also viewed these Accounting questions