Targeting for new business, Computer Engineering

Assignment Help:

Assume you own your own small party supply and rental business. You keep an Excel list of potential customers and clients who have rented or purchased from you in the past 2 years. The list has both physical mailing addresses and e-mail addresses for every person listed. You have a “category“code to demonstrate whether the contact is a client. If they have done business with you, they demonstrate a code of “CUST” for customer. If they are potential customers who have not yet purchased or rented from you, they are coded as “PROS” for prospect.
 
You want to produce your business, and feel the best way to do this is to solicit business from customers who show a physical address in the similar zip code as your business location. Respond fully to the following questions regarding this task:
 
A - Describe how you will use Excel to find in your list the people you are targeting for new business. Be specific.
B - You want to send a letter to every person on your list from Part A of this question. You have a nice form letter that you have used in the past. Explain how you might personalize the letter by adding your customer names.
C - If you get the results you expect to get from contacting your prospects, you want to be able to do this every month. Explain how you might use Excel to automate the process of separating your list as you did in Part A.
D - You want to gauge the impact of mailing to only your customers, to only your prospects, or to everyone on your list. You have the numbers for each group, the estimated cost per letter, and the expected increase in income for each letter mailed. What Excel tools might you use to see the anticipated outcome for each of the three situations?


Related Discussions:- Targeting for new business

Cut-off search - artificial intelligence, Cut-off Search: By using  a m...

Cut-off Search: By using  a minimax search, all we have to do is program, in a game playing situation our agent to look at the whole  search tree from the current state of the

Example of calculate maximum access time & cost of switch, Calculate the ma...

Calculate the maximum access time that can be permitted for the data and control memories in a TSI switch with a single input and single output trunk multiplexing 2500 channels. Al

Explain advantageand disadvantages of a dynamic document, Explain advantage...

Explain advantageand disadvantages of a dynamic document.   The chief advantages of a dynamic document lie in its capability to report current information. For illustratio

Synchronous, What are differences between Synchronous, Asynchronous and I s...

What are differences between Synchronous, Asynchronous and I synchronous communication? Sending data encoded in your signal needs that the sender and receiver are both by using

Explain the action of an interrupt processing routine, Explain the action o...

Explain the action of an interrupt processing routine? Action of an interrupt processing routine is as follows : 1. Save contents of registers of CPU. This action is not e

Sequential logic gates - sr flip flop, Sequential Logic Gates SR flip ...

Sequential Logic Gates SR flip flop                                                                                                                    1)

Formal analysis of visual elements, Formal Analysis: The second step o...

Formal Analysis: The second step of the art critiquing process often begins with an analysis of the artworks formal elements and how they are the organised. The formal elem

.image forgery detection, what is the code to detect image forgery using Ma...

what is the code to detect image forgery using Matlab..??

Explain the different sub-functions of process scheduling, Explain the diff...

Explain the different sub-functions of Process Scheduling. Process scheduling contains the subsequent sub-functions: 1. Scheduling: Chooses the process to be executed next

What are the types of smart cards utilized in e-commerce, What are the type...

What are the types of smart cards utilized in e-commerce? Usually, there are two types of smart cards as: Memory smart cards, that can be viewed by minuscule removable read

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd