Question
The visitors who visited the webpage were offered to get one free promotional subscription for one month and 70% took advantage of that. The next
The visitors who visited the webpage were offered to get one free promotional subscription for one month and 70% took advantage of that. The next month, only 40% of them bought the subscripion fee for at least one month.
Marketing campaign | Cost | Visits on webpage |
Internet ad | $80.000 | 47 visits |
Targeted mail | $250.000 | 104 visits |
TV coverage | $0 | 76 visits |
Cost for free promotional subscription for one customer | $5,000 | - |
1) What is the cost to get each customer who pays at least for one subscription month, based on the different marketing campaign strategies?
2) Which marketing strategy is most promising?
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