Question
Situation: You are deciding whether to advertise your new campaign on Facebook, using paid ads, or on Instagram, using influencer sponsorships. Assume both options appeal
Situation: You are deciding whether to advertise your new campaign on Facebook, using paid ads, or on Instagram, using "influencer sponsorships". Assume both options appeal to your ideal demographic and make sense for your brand.
Deliverable: According to the situation (provided above) and information (provided below), answer the following questions.
1. Calculate the Value of Facebook Investment.
2. Calculate the Value of Instagram Investment.
Information:
a.) For the Advertising Campaign, there is a 50% chance of success or failure for both Facebook and Instagram.
b.) If you succeed with Facebook, your ROI is around $1,000. If you fail, you risk losing $200.
c.) If you succeed with Instagram, your ROI is around $900. If you fail, you risk losing $50.
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