Question: There are 1 0 , 0 0 0 potential customers for the product sold by companies 1 through 1 0 . Table 1 provides information

There are 10,000 potential customers for the product sold by companies 1 through 10. Table 1 provides information about the number of potential customers exposed to an advertising message presented in each of five specific venues. For each venue, the overall number of people exposed to the message is shown. Additionally, the audience is broken down by age, gender, and income. Remember, there are 10,000 people overall; each of these people falls into exactly one age, gender, and income category. That is, of those 10,000 people, 5,000 are <30 years old and 5,000 are >30 years old, 5,000 are women and 5,000 are men, and 5,000 make <50K and 5,000 make more than 50K. The number of impressions in each venue overall and by groups is in Table 1.
Table 1: Viewing Audience (same information included on Week 5- Week 10 spreadsheet)
Table 1: Viewing Audience
Impressions (#)
Overall
Age
Gender
Income
<30
>30
Women
Men
<50K
>50K
Venue1
2000
1000
1000
1000
1000
1000
1000
Venue2
500
400
100
450
50
350
150
Venue3
1000
800
200
450
550
650
350
Venue4
3500
500
3000
1500
2000
1000
2500
Venue5
1500
750
750
250
1250
500
1500
Total Population
10000
5000
5000
5000
5000
5000
5000
Table 2: Gross Ratings Points
Assume that each person can only receive one impression from one venue. For each venue, find the GRP overall and within each subgroup (remember, GRP is presented as a whole number and not a percentage). Fill in Table 2 with the GRP for each venue overall and within each subgroup:
(a) Overall GRP [number of all people exposed to a venue/total population (10,000)]
(b) GRP by age (<30 and >30)[number of all people exposed to a venue (<30 and >30)/total people in each age group (5000)]
(c) GRP by gender (men and women)[number of all people exposed to a venue (men and women)/total people in each gender group (5000)]
(d) GRP by income (<50K and >50K)[number of all people exposed to a venue (<50K and >50K)/total people in each income group (5000)]
Table 3: Cost Per Point
The cost of running an ad in each of the five venues is presented in Table 3. Based on this information and your GRP findings in Table 2, calculate the cost per point for each venue overall and by subgroup. Fill in Table 3 with the following metrics:
(a) Overall cost per point (cost of the ad/GRP overall)
(b) Cost per point by age group (cost of the ad/GRP for each age group)
(c) Cost per point by gender (cost of the ad/GRP for each gender)
(d) Cost per point by Income (cost of the ad/GRP for each Income Group)

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