Verified Document

Advertising Manager Of A Large Term Paper

Related Topics:

At the center of this aspect of the program is the measurement of activity at the upper and lower phases or segments of the sales funnel. Typically promotional spending and advertising budgets are found to increase upper funnel performance, and over time contribute to sales leads being created and eventually sales made to customers. The $500,000 then must be highly effective to push $2M in business through a funnel that becomes narrower by each process step it is comprised of. My main question would be how the sales funnels' inherent nature to narrow down prospects to suspects to new customers is going to be effective enough, on a $500K investment, to yield $2M in sales....

The answer I suspect to hear would be a highly targeted campaign specifically focused on one very loyal, very quickly purchasing, very price insensitive group of customers - in short the core customer base of the company.
The bottom line is that for $500K in spending to increase sales by $2M, there needs to be highly efficient, highly targeted, and well measured performance metrics in place to make sure the goal is attained.

References

Retail Pricing (2006) - Retail Pricing: The Optimization Story Expands. Michael Barret and Janet Suleski. Thursday September 7, 2006.

Accessed from the Internet on August 21,…

Sources used in this document:
References

Retail Pricing (2006) - Retail Pricing: The Optimization Story Expands. Michael Barret and Janet Suleski. Thursday September 7, 2006.

Accessed from the Internet on August 21, 2007 http://www.amrresearch.com/Content/View.asp?pmillid=19731
Cite this Document:
Copy Bibliography Citation

Related Documents

Advertising and Promotion Letter of
Words: 4560 Length: 10 Document Type: Term Paper

Not only are the campaigns coherent, but they also support each other and the essential key concepts, represented by the characteristics of the brand: social awareness and implication, innovation, the ability to do anything, the belief in people and their potential to achieve their dreams. The main weakness that the approach to PR and advertising is the repeated focus on the concepts of innovation and social responsibility without insisting

Advertising to Children Assessing Market
Words: 1791 Length: 7 Document Type: Term Paper

, Leung, R., Manios, Y., Monteiro, R., Pedley, C., Prell, H., Raine, K., Recine, E., Serra-Majem, L., Singh, S., & Summerbell, C.. (2010). Television Food Advertising to Children: A Global Perspective. American Journal of Public Health, 100(9), 1730-6. Li, L., Mei, T., & Hua, X.. (2010). GameSense: game-like in-image advertising. Multimedia Tools and Applications, 49(1), 145-166. McAlister, A., & Cornwell, T.. (2010). Children's brand symbolism understanding: Links to theory of mind and

Advertising on Mars Bar Marketing
Words: 4631 Length: 17 Document Type: Term Paper

"Given such preferential consumer demand, most chocolate production is done within the country" (Hui-lin et al., 2001, p. 3). Technological. Fuji Oil, Nestle and Mars are the only three companies among the top ten chocolate assignees with patents in all relevant patent classes as shown in Table 4 below. Table 4. Mars Incorporated Patent Classes: Top Chocolate Technologies and Subtechnologies. Source: Hui-Lin et al., 2001, p. 8. With 5 patents each in class A23G

Advertising Connections to Baby Boomers
Words: 4111 Length: 15 Document Type: Thesis

Mark Solon, former President of the Board of Directors of the Discovery Center of Idaho, currently serves on the Idaho Business Coalition for Education Excellence. These four men, along with six others noted on their Web site, manage TopTenREVIEWS, Inc. ("Cell phone providers," 2008). The following four categories denote criteria TopTenREVIEW used to evaluate cell phone providers: Feature Set:...variety of options, including call waiting, call forwarding, Bluetooth (internet connectivity), text messaging

Advertising and NASCAR and Advertising
Words: 2068 Length: 5 Document Type: Term Paper

10). Branding a sport means picking the focus and emphasizing it. For instance, "Nissan ranks high on the shopping list," since "we know what triggers a consumer's desire beyond price point alone" (Ibid. p. 13) When Nissan is out there on the race track, the consumer focuses on it as he or she never would anywhere else. When Tony Stewart climbed the 20-foot fence to be with his fans after

Advertising and Word of Mouth
Words: 9576 Length: 22 Document Type: Research Proposal

(Snyder & DeBono quoted in Kjeldal 2003, Introduction section, ¶ 6). The results from the study Kjeldal (2003) conducted with 70 participants in two stages suggest that the word association responses high self-monitors (HSMs) produce reflect selective activation of a personally meaningful, experiential, system. The responses low self-monitors (LSMs) produce, on the other hand, indicate an intellective factual system. 2. Decision Making Process Theories Dr. Bonnie Halpern-Felsher (2009), an Associate Professor at

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now