Question: Question 9 show your work Quiestion 9 3 points SayeAnswer 9- The Canadian Online Drivers' Company provides Uber type monthly driving services in the GTA.

Question 9 show your work

Quiestion 9 3 points SayeAnswer 9- The Canadian Online Drivers' Company provides Uber type monthly driving services in the GTA. The Company spends $200,000 on an advertising campaign to reach an audience 20,000 people. The average driver makes $450 per month. The plan is an auto~renewing subscription, but they have a churn rate of 7.5%. Variable costs are $250 per month. They spend $100/year on social media ads and $50 per year on banner advertising. The discount rate is 2.5%. What is the CLV of the customer (rounded to ZERO decimal places)

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 Marketing Questions!

9. The Canadian Online Drivers Company provides Uber type monthly driving services in the GTA. The Company spends $200,000 on an advertising campaign to reach an audience 20,000 people. The average...

Question 1 Needs Grading The MRK519 class provides uber type monthly driving services in the GTA. The class spends $200,000 on an advertising campaign to reach an audience 20,000 people. The average...

Uber Case History Founded in 2009 by Garrett Camp and Travis Kalanickas "UberCab", met at LeWebin Paris, France in 2008. Camp wanted to solve the Taxi problem in San Francisco. Original pitch split...

(Questions from Lecture and Article) - Discussion Board Activity I need to read the following Lecture Note and the ?Wall Street Journal? articles that I uploaded, and writeanswers for theDiscussion...

Hi. I need Chapter 11 part 1-4 Let me know. Thanks! (it wont letme add more than $8, but I will give $12+ tip) Personal Finance, Fifth Edition by Jeff Madura BUILDING YOUR OWN FINANCIAL PLAN WORKBOOK...

Step 1:Read UberPricing Strategies and Marketing Communications Step 2:Answer the following questions in a discussion How did Uber achieve its present position? (e.g., How are users recruited? What...

customers, suppliers, and communities in as serious takes place in the firm's business model thow to a way as they track its financial performance. make money). - The triple-bottom-line framework is...

. 1 1 END-OF-CHAPTER CASE driver with rep ciency, and usin can communic BRINGING A NEW PRODUCT TO MARKET: LEAF app. Wit THE STORY OF THE NISSAN LEAF battery charge. tery charge is driving range In...

2.2 51 Summarizing Data for a Quantitative Variable Exercises Methods 11. Consider the following data. WEB 14 19 24 19 16 20 24 20 file Frequency a. b. SELF test 21 22 24 18 17 23 26 22 23 25 25 19...

All class members are expected to prepare a typed single-spaced ( 12 point Times New Roman font with 1 inch margins) 1-2-page summary (TWO PAGES ABSOLUTE MAXIMUM-may be bullet pointed) for any FOUR...

Write a shell script to find the largest among the 3 given numbers.

Discuss current liabilities and long-term liabilities. What are the differences between the two? Illustrate your understanding of liabilities, making sure to identify major types of current...

zchapterid = 6 4 2 4 3 1 Question 2 ( 1 5 Marks ) \ table [ [ Normal Working dips ( 6 deys ) , \ table [ [ 4 5 hours ] , [ 4 9 hours ] ] ] , [ Number of hous wokted, 8 hours ] , [ Monday , 8 hours ]...

WHAT IS the cash flow statement BBINFIT ,AND HOW WE CAN ANALAYSES

1. Explain the paradox of voting through reference to the accompanying table, which shows the ranking of three public goods by voters Jay, Dave, and Conan: LO5.3 Rankings Public Good Jay Dave Conan...

3. True or False: The median-voter model explains why politicians so often stake out fringe positions that appeal only to a small segment of the electorate. LO5.3

2. Why is it in the interest of new homebuyers and builders of new homes to have government building codes and building inspectors? LO4.6