Question: Mark places one - page, 4 - color advertisements for a new kind of projector in 2 magazines: Adventures & Cautionary Tales ( ACT )

Mark places one-page, 4-color advertisements for a new kind of projector in 2 magazines: Adventures & Cautionary Tales (ACT), which reaches 44,000 people, and Horrors of the Silver Screen (HSS), which delivers a readership of 54,000 per issue. He estimates that 12% of the readers of Horrors of the Silver Screen also read Adventures & Cautionary Tales.
If HSS charges $1,000 per ad, what price per ad would Mark have to negotiate with ACT to provide the same CPM as HSS?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!