In this sales promotion technique, each customer has a chance to win based on entering, rather...
In this sales promotion technique, each customer has a chance to win based on entering, rather than skill.
|
Contest |
||
|
Competition |
||
|
Sweepstakes |
||
|
None of the above |
Homework Answers
The correct answer is Sweepstakes:
It is a kind of lottery which is associated with the purchase of the product. So if a person buys something he or she is eligible for the win irrespective of the talent he or she posses.
Add Answer to:
In this sales promotion technique, each customer has a chance to
win based on entering, rather...
lf In a promotion initiative for a particular chocolate bar a sales person in a su permarket has a 20% chance of se...
lf In a promotion initiative for a particular chocolate bar a sales person in a su permarket has a 20% chance of selling a bar, to each customer who tries one. If 10 customers try the product what is the probability that 3 or more bars will be sold? Quote the underlying probability distribution. What is the number of customers required to try the chocolate in order to ensure a better than 50% chance of one or more bars being...
"Talking with the customer" rather than "talking at the customer" is a characteristic of a. trust-based...
"Talking with the customer" rather than "talking at the customer" is a characteristic of a. trust-based sales communication b. mass marketing c. incentive- based sales communication d. traditional selling e. transaction-based sales communication
10. A store offers a scratch and win discount for each customer who buys something at the store. Each cord has si...
10. A store offers a scratch and win discount for each customer who buys something at the store. Each cord has six spots that give a discount of $10, three spots that give a discount of $25, and one spot that gives a discount of $50. A, 2m a) What is the expected payout per scratch? b) What is the expected cost to the store if it has 200 customers one particular day? A, Im)
10. A store offers a...
Question Write the correct values in the boxes. For this question, working is not required and will not be marked Two of many kinds of bets you can make on a horse race are ‘win, and Place. In each o...
Question Write the correct values in the boxes. For this question, working is not required and will not be marked Two of many kinds of bets you can make on a horse race are ‘win, and Place. In each of these you noininate往horse, say 'Neddy', pay some money (your ‘stake') and maybe get some money back (your 'payout'). The payout, if paid, is stakexodds, where 'odds is a number greater than 1 specified by the betting agency. The odds number...
Is a monopolist can charge a different price for each customer based on that buyers willingness...
Is a monopolist can charge a different price for each customer based on that buyers willingness to pay, they would: O Consumer suplus is maximized O Producer surplus is maxmized O Consumer surplus equals producer surplus O None of the above
Question 6 Write the correct values in the boxes. For this question, working is not required and will not be marked. Two of many kinds of bets you can make on a horse race are Win' and 'P...
Question 6 Write the correct values in the boxes. For this question, working is not required and will not be marked. Two of many kinds of bets you can make on a horse race are Win' and 'Place'. In each of these you nominate a horse, say 'Neddy', pay some money (your 'stake) and maybe get some money back (your 'payout'). The payout, if paid, is stakexodds, where 'odds is a number greater than 1 specified by the betting agency....
Data is used by an online business to predict sales from each customer segment. A model...
Data is used by an online business to predict sales from each customer segment. A model is constructed that uses two quantitative predictor variables and the categorical variable Customer Segment (which can either be Corporate, Nonprofit, or Consumer). The p-values for all coefficients in the model are less than 0.01. Outcome variable: monthly sales within a segment, in dollars Predictor variables: · Marketing budget: budget, in dollars, spent on marketing · Coupon Discount: percentage discount from overall transaction (each coupon...
An online retailer is studying product reviews and wants to see if customer satisfaction and timeliness...
An online retailer is studying product reviews and wants to see
if customer satisfaction and timeliness of delivery are related.
They randomly survey 100 customers. They found that 70% of those
whose product arrived ahead of the estimated delivery date said
they were satisfied with the product. Only 60% whose product did
not arrive ahead of the estimated date said they were satisfied.
Overall, 40% of packages arrived ahead of the estimated delivery
date.
1. Based on this survey, fill...
XYZ Co. has estimated the cost of customer coordination activity as $1,000 per batch and the...
XYZ Co. has estimated the cost of customer coordination activity as $1,000 per batch and the cost of inspection activity as $500 per inspection. The annual sales of 100,000 units of Product P is currently being produced in 10 batches of 10,000 units each and each batch requires 2 inspections, one at the start of production of the batch and the other at the end of production of the batch. The only customer for Product P has agreed to next...
An software company has three different promotion plans for its software purchase: plan A: each software...
An software company has three different promotion plans for its software purchase: plan A: each software package is 49.99 if it is less than 50 packages. plan B: each software package is 44.99 if it is over 50 but less than 100 packages. plan C: each software package is 39.99 if it is over 100 packages. In addition, the customer will pay $4.99 per package as maintenance fee. For plan A, the customer gets 5% off per package in the...
lf In a promotion initiative for a particular chocolate bar a sales person in a su permarket has a 20% chance of selling a bar, to each customer who tries one. If 10 customers try the product what is the probability that 3 or more bars will be sold? Quote the underlying probability distribution. What is the number of customers required to try the chocolate in order to ensure a better than 50% chance of one or more bars being...
10. A store offers a scratch and win discount for each customer who buys something at the store. Each cord has six spots that give a discount of $10, three spots that give a discount of $25, and one spot that gives a discount of $50. A, 2m a) What is the expected payout per scratch? b) What is the expected cost to the store if it has 200 customers one particular day? A, Im)
10. A store offers a...
Question Write the correct values in the boxes. For this question, working is not required and will not be marked Two of many kinds of bets you can make on a horse race are ‘win, and Place. In each of these you noininate往horse, say 'Neddy', pay some money (your ‘stake') and maybe get some money back (your 'payout'). The payout, if paid, is stakexodds, where 'odds is a number greater than 1 specified by the betting agency. The odds number...
Is a monopolist can charge a different price for each customer based on that buyers willingness to pay, they would: O Consumer suplus is maximized O Producer surplus is maxmized O Consumer surplus equals producer surplus O None of the above
Question 6 Write the correct values in the boxes. For this question, working is not required and will not be marked. Two of many kinds of bets you can make on a horse race are Win' and 'Place'. In each of these you nominate a horse, say 'Neddy', pay some money (your 'stake) and maybe get some money back (your 'payout'). The payout, if paid, is stakexodds, where 'odds is a number greater than 1 specified by the betting agency....
An online retailer is studying product reviews and wants to see
if customer satisfaction and timeliness of delivery are related.
They randomly survey 100 customers. They found that 70% of those
whose product arrived ahead of the estimated delivery date said
they were satisfied with the product. Only 60% whose product did
not arrive ahead of the estimated date said they were satisfied.
Overall, 40% of packages arrived ahead of the estimated delivery
date.
1. Based on this survey, fill...
Most questions answered within 3 hours.
-
A. Suppose Company A is selling notebooks in California, and the
demand function for the notebooks...
asked 3 minutes ago -
in C++, please help. Not only do we need to create an ADT but
create a...
asked 14 minutes ago -
This question is based on react js. Please don't do it if you
don't have thorough...
asked 19 minutes ago -
(CO E) A zombie computer is one that can result in
a denial of service attack...
asked 27 minutes ago -
A company manufactures in a foreign country and sells only to US
customers so that revenue...
asked 25 minutes ago -
(a) A 25.0mL of a unknwon concentration of HBr solution is
titrated with 0.100M NaOH solution....
asked 31 minutes ago -
1) Your research team has discovered a new single-celled
organism in the San Francisco Bay. By...
asked 43 minutes ago -
3.
a) For the molecule 16O18O,
write an equation for the probability that the rotational quantum...
asked 39 minutes ago -
Assume that each of the following scenarios pertain to a study
or exercise (exposure) and myocardial...
asked 50 minutes ago -
Which of the following statements is not true
with spanning trees and forests (in graph theory)?...
asked 51 minutes ago -
Baker Company purchased for $80,000 a patent on January 1, 2011.
The patent has an expected...
asked 48 minutes ago -
Why is it valuable for retailers to understand the complexity of
the standard-of-living concept? Justify your...
asked 51 minutes ago