Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the online consumer purchasing model to assess the effectiveness of an email campaign at a small web site devoted to the sales of apparel

Use the online consumer purchasing model to assess the effectiveness of an email campaign at a small web site devoted to the sales of apparel to the ages 18 to 26 young adult market in the united states. Assume a marketing campaign of 100,000 e mails(at 25 cents per e mail address). The expected click through rate is 5%, the customer conversion rate is 10% and the loyal customer retention rate is 25% the average sale is $60 and the profit margin is 50% (the cost of the good is $30) does the campaign produce a profit? What would you advise doing to increase the number of purchases and loyal cutomers? which marketing strategies can be effective? What web design factors can be implemented?what communications messages could be created?

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

Managerial Accounting An Integrative Approach

Authors: C J Mcnair Connoly, Kenneth Merchant

2nd Edition

099950049X, 978-0999500491

More Books

Students also viewed these Accounting questions

Question

1. Watch what students do with their free time.

Answered: 1 week ago

Question

What are the purposes of promotion ?

Answered: 1 week ago

Question

Purpose: What do we seek to achieve with our behaviour?

Answered: 1 week ago

Question

An action plan is prepared.

Answered: 1 week ago