Using the concepts, terminology and knowledge from Marketing & Public Relations-Module 6. as well as the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Using the concepts, terminology and knowledge from Marketing & Public Relations-Module 6. as well as the corresponding chapters in the textbook, consider the following: . You have 30 Sales Execs working two waves per day on a 5 day work week. • You need to generate 300 net tours (30 sales executives X 5 days per week X 2 waves per day) to them in a given week. (Net Total Tours Show Rate) • You have $200,000 to spend on lead generation per week. Presume that the costs, show rates and efficiencies in the file In Class Exercise-Lead Generation Worksheet-1.oots. are reflective of the measures at your property. As the Marketing Manager responsible for generating a sufficient quantity of qualified tours for the sales team, answer the following questions related to your weekly tour production. 1 Which Channel(s) would you use and why? 2. Given the $200,000 budget and the costs, show rate and efficiencies, how many sales were you able to generate from each channel and in total? Please use the starter worksheet from the module to complete this component of the question. 3. Which was your most efficient marketing channel? How do you know this? 4. Which of the channels that you used had the highest VPG? 5. What limitations restricted your choices in this exercise? In other words, think of completing this sentence. "If I did not have to consider I would have which would have resulted in and that would have been a better timeshare marketing strategy because TIMESHARE MARKETING WORKSHEET Total cost Show Total Factor number of tours = Channel Leads: Pgm How Cost of many program Double click to ed = leads X you pgm cost In House Broker Central Marketing Linkage OPC Media TOTAL buy? $200 $550 $850 $400 $300 $100 30% 80% 100% 75% 60% 10% leads X show factor VPG ($) Effic. Rate (%) 20% 15% 5% 5% 5% 10% Total # sales = effic rate X tours (round down) Using the concepts, terminology and knowledge from Marketing & Public Relations-Module 6. as well as the corresponding chapters in the textbook, consider the following: . You have 30 Sales Execs working two waves per day on a 5 day work week. • You need to generate 300 net tours (30 sales executives X 5 days per week X 2 waves per day) to them in a given week. (Net Total Tours Show Rate) • You have $200,000 to spend on lead generation per week. Presume that the costs, show rates and efficiencies in the file In Class Exercise-Lead Generation Worksheet-1.oots. are reflective of the measures at your property. As the Marketing Manager responsible for generating a sufficient quantity of qualified tours for the sales team, answer the following questions related to your weekly tour production. 1 Which Channel(s) would you use and why? 2. Given the $200,000 budget and the costs, show rate and efficiencies, how many sales were you able to generate from each channel and in total? Please use the starter worksheet from the module to complete this component of the question. 3. Which was your most efficient marketing channel? How do you know this? 4. Which of the channels that you used had the highest VPG? 5. What limitations restricted your choices in this exercise? In other words, think of completing this sentence. "If I did not have to consider I would have which would have resulted in and that would have been a better timeshare marketing strategy because TIMESHARE MARKETING WORKSHEET Total cost Show Total Factor number of tours = Channel Leads: Pgm How Cost of many program Double click to ed = leads X you pgm cost In House Broker Central Marketing Linkage OPC Media TOTAL buy? $200 $550 $850 $400 $300 $100 30% 80% 100% 75% 60% 10% leads X show factor VPG ($) Effic. Rate (%) 20% 15% 5% 5% 5% 10% Total # sales = effic rate X tours (round down)
Expert Answer:
Answer rating: 100% (QA)
1 I would use the following channels Online display ads Social media ad... View the full answer
Related Book For
Integrated Accounting
ISBN: 978-1285462721
8th edition
Authors: Dale A. Klooster, Warren Allen, Glenn Owen
Posted Date:
Students also viewed these accounting questions
-
How many hours per week do you spend on e-mail? In 2010, the GSS included a question on number of hours spent on e-mail. Data are presented here for a sample of 99 men and women. E-mail hours per...
-
Why might senior executives need measures besides financial ones to assess how well their business performed in the most recent period?
-
Why do you think surveys show that Generation X employees (those born between 1961 and 1981) experience the least job satisfaction of all demographic groups? Do you expect this finding to be true...
-
A 0.20-m-diameter, thin-walled steel pipe is used to transport saturated steam at a pressure of 20 bars in a room for which the air temperature is 25C and the convection heat transfer coefficient at...
-
Collette Products is considering an equipment investment that will cost $ 935,000. Projected net cash inflows over the equipments three- year life are as follows: Year 1: $ 484,000; Year 2: $...
-
Animals of different sizes work differently. Small ones have squeaky voices, their hearts beat faster, and they breathe more often than larger ones. On the other hand, the skeleton of a larger animal...
-
Starting from fundamentals, show that the equation for the lateral vibration of a circular membrane is given by \[\frac{\partial^{2} w}{\partial r^{2}}+\frac{1}{r} \frac{\partial w}{\partial...
-
Andrew-Carter, Inc. (A-C), is a major Canadian producer and distributor of outdoor lighting fixtures. Its products are distributed throughout South and North America and have been in high demand for...
-
Heights Ltd acquired all the shares in Salitex Ltd on the 31st December 2014 at a cost of UGX 100,000,000. The information below provides the statements of Financial Position for both companies on...
-
The Investment Trust Fund for Watson County had the following transactions and events during the calendar year 2022: 1. The cities of Turtle Creek and Pineview contributed $132,000 and $88,000...
-
Engineering Economics: Find the numerical value of the following factors using ( a ) interpolation and ( b ) the formula. (P/A, 13%, 10)
-
Osprey Co. prepared a master budget for 2021 reflecting indirect material costs of $170,440 based on annual production of 153,215 widgets (the annual production is spread out equally over the twelve...
-
Work in process inventory, May 1 Work in process inventory, May 31 69,000 100% 50% 49,000 100% 30% Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May...
-
Parkview Fish Tacos sells tacos for $5.50 each. The cost of each taco follows: Materials (food) Labor Variable overhead Fixed overhead ($7,200 per month, 4,500 tacos per month) ok Total costs per...
-
Highlands Company uses the weighted-average method in its process costing system. It processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp processed during...
-
Describe in depth. How communication supports cultural characteristics like employee voice?
-
What fundamental differences exist between object-oriented and object-relational database systems and Web-based database systems? Would these differences impact retail store? Include details of what...
-
What is the back work ratio? What are typical back work ratio values for gas-turbine engines?
-
Describe the process for adding an account to the chart of accounts.
-
What financial statements are available for a non departmentalized business organized as a sole proprietorship?
-
In this problem, you will process the sales and purchases transactions for the week of February 8 through February 14 for Vetter Vacuum Center. Step 1: Start Integrated Accounting 8e. Step 2: Load...
-
What does it mean to say that the demand for resources is a derived demand? Is the demand for all goods and services a derived demand?
-
Using the data in exercise 2, determine how many units of resources the firm will want to acquire. Data from in exercise 2 Using the information in the following table, calculate the marginal revenue...
-
Using the information in the following table, calculate the marginal revenue product (MRP = MPP MR). Unit of Resources Total Resource Output Price Price 1 10 $5 $10 2 25 $5 $10 345 35 $5 $10 40 $5...
Study smarter with the SolutionInn App