Which of the following offers the best return on investment for the marketing dollars spent? 1. A
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Question:
Which of the following offers the best return on investment for the marketing dollars spent?
1. A promotion that costs $200 that generates $500 worth of new business at a festival with a lot of out-of-town attendees
2. A discount offered on social media that costs $200 but becomes so popular that the business does not make a profit on it
3. A radio advertisement that costs $200 and is widely discussed by customers frequenting the business
4. A coupon that cost $200 to print that increases sales during the period it is valid by $500 and a 10 percent increase in returning customers
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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