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 potential customers for the product sold by companies through Table 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 people overall; each of these people falls into exactly one age, gender, and income category. That is of those people, are years old and are years old, are women and are men, and make K and make more than K The number of impressions in each venue overall and by groups is in Table
Table : Viewing Audience same information included on Week Week spreadsheet
Table : Viewing Audience
Impressions #
Overall
Age
Gender
Income
Women
Men
K
K
Venue
Venue
Venue
Venue
Venue
Total Population
Table : 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 with the GRP for each venue overall and within each subgroup:
a Overall GRP number of all people exposed to a venuetotal population
b GRP by age and number of all people exposed to a venue and total people in each age group
c GRP by gender men and womennumber of all people exposed to a venue men and womentotal people in each gender group
d GRP by income K and Knumber of all people exposed to a venue K and Ktotal people in each income group
Table : Cost Per Point
The cost of running an ad in each of the five venues is presented in Table Based on this information and your GRP findings in Table calculate the cost per point for each venue overall and by subgroup. Fill in Table with the following metrics:
a Overall cost per point cost of the adGRP overall
b Cost per point by age group cost of the adGRP for each age group
c Cost per point by gender cost of the adGRP for each gender
d Cost per point by Income cost of the adGRP for each Income Group
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
