CJP, a makes of women's necklaces sells their product direct on their website. The price for a necklace is $100 and their variable cost is $30 for each necklace. They have found an influencer they would like to work with who charges a CPM of $20 per post for their 40,000 followers. They want to try just one post from the influencer to try out this type of advertising. 

What is the cost of this promotion? 

Answer rating: 100% (QA)

To calculate the cost of the promotion we need to consider the cost of the influencers post and the ... View the full answer