1. What is the breakeven*? A) room sales (units) B) response rate 2. What is Cost per...
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Question:
1. What is the breakeven*?
A) room sales (units)
B) response rate
2. What is Cost per Response?
3. What would the profit or loss be?
4. Would you recommend this to your boss (B2B Resp Rate .79%)?
*Breakeven: The number of units that need to be sold to cover the marketing costs
Facts For Marriott Residence Inn Problem
Avg Room rate = $149/night
Room Cost = $23.00
Fortune Small Business Magazine
Circ = 1,000,000
Circ cost: $65/M: $65 x 1,0000 = $65,000
Production cost for ad = $25,000
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