Question: Sam has collected some data for a retailer to assist them to decide whether they should employ paid search advertising on a search engine. Based
Sam has collected some data for a retailer to assist them to decide whether they should employ paid search advertising on a search engine. Based on the data below, please conduct an analysis and share the insights about whether it is profitable for the retailer to employ paid search. Explain your answer. (9 marks)
|
| Organic search clicks | Paid search clicks | Cost per click | Conversion rate for paid search clicks | Conversion rate for organic clicks | Profit per sale |
| Without paid search | 3000 | 0 | $0.2 | 15% | 10% | 10 |
| With paid search | 500 | 3000 | $0.2 | 15% | 10% | 10 |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
