Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Search Engine Advertising: Paid Clicks vs. Organic clicks (10 points) Nancy, a micro-entrepreneur, operates an online store that sells gardening items. She is considering

 

Search Engine Advertising: Paid Clicks vs. Organic clicks (10 points) Nancy, a micro-entrepreneur, operates an online store that sells gardening items. She is considering employing paid search services to enhance the performance of her store website. Nancy provides you with the following data Without paid clicks With paid clicks Organic Clicks Paid Search Clicks 1200 0 500 1000 CPC $0.25 $0.25 Conversion Rate 1.5% 1.5% Profit per Sale $15 $15 You, a student who has taken class 16 to 25 of MKTG/BADM 3661, are asked to help Nancy address her question (i.e., whether employing paid search services is more profitable). 6. Can you use the available information to address Nancy's question? If yes, please show your analysis and tell whether employing paid search services is more profitable for Nancy; if not, please explain why. (10 points)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To address Nancys question regarding whether employing paid search services is more profitable we ne... 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

Foundations Of Business

Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor

7th Edition

0357717945, 978-0357717943

More Books

Students also viewed these Marketing questions