Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Before purchasing insurance we have to go through different factors. Among different important factors there are two most crucial aspects we should consider before buying insurance. They are effective reach and effective frequency. In the view of promotional management, effective frequency means the total count of times an object audience should be depicted in order to attain a specific goal. On the other hand effective reach signifies the minimum number of existing exposures. And it is observed that if there are a very few exposures, it will fail to achieve its specific goal; however too many exposures are also not good because it waste resources.
Insurance planners generally use the term reach in order to decide their aim intended for the net count of persons depicted to their plan. Reach has three basic characteristics and one of the most important aspects with respect to insurance. These basic characteristics of effective reach are: (1) it is basically a percentage but it hardly uses the percentage sign. (2) Effective reach is always related to some time period. It describes exposures over a particular period of time. (3) Now if the plan consists of multiple exposures of people, effective reach will not count it.
It has been observed that every year a search party conducts a survey about "Recall and Readership". This implies that it is the survey about finding most remembered ad, and the ad will be then printed repeatedly in the insurance journals. This helps in keeping potential clients in the market and the important ads are also being viewed again and again. This is the frequency effect. So that means the frequency effect is the most desired as has been chosen by the people. So it is the main advantage of effective frequency while choosing an insurance plan. Sometimes it is also seen that a simple plan, no fancy at all, is successful just because of frequency effect. So from the above discussion it can be concluded that effective reach is the dispersion of the promotional management on the other hand effective frequency demonstrates about the repetition of the effective plan. And other important thing is that for achieving a particular goal if we can set the effective frequency properly then only the reach in the effective frequency level will be called as effective reach. So in my point of view for purchasing insurance plan considering effective frequency is more important.
Stock Split and Reverse Split This is whereas a block of shares is broken down into smaller units or shares hence the number of ordinary shares rises and their respective par
Stock Exchange Market The Idea and improvement of a Stock Exchange Stock exchange also identified as stock markets are special "market places" whereas already held bond
Money or Discount Markets - Financial Markets 1. Are discount and acceptance financial institutions 2. This is a market for S.T funds growing up in one year. Money market w
Explain importance terms of Money, Banking, and the Federal Reserve System. Importance terms of Money, Banking, and the Federal Reserve System: a. The several roles money pl
Present Value of Uneven Periodic Sum - DCF Technique As in investment decisions it is very rare to acquire even periodic returns and in most cases a company will generate a st
A. Michael Spence An American economist who was awarded by the Nobel Memorial Prize in Economic Sciences. Spence is a lecturer of management at Stanford University in the Gradu
What is the effective annual cost of skipping the discount and paying at the end of the net period for the following credit terms: 6/10, net 70? please show work"
Venture Capital Venture capital is a form of investment in new small risky enterprises utilized to get them started via specialists called venture capitalists. Venture capital
Control of Pattern Formation Limbs such as all other organs have a pattern. What factor (or factors), environmental affects etc. are responsible for specific positioning of i
Holding Company Such holds more than a half of the equity share capital of other company or is a member and or controls a big percentage of Directors of the Board of one or mo
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd