Question: Your current format yields a 10% response rate at a promotional cost of $1.25 per piece in the mail. The promotional cost per order is

Your current format yields a 10% response rate at a promotional cost of $1.25 per piece in the mail. The promotional cost per order is $25. There is a new format to test at $2.00 per piece. What response do you need to breakeven

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!