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

Arithmetic pipeline, Arithmetic Pipeline The complex arithmetic operati...

Arithmetic Pipeline The complex arithmetic operations like floating point and multiplication operations use a lot of the time of the ALU. These operations can also be pipelined

Calculate quantities from information in bayesian network, 1. A Bayesian ne...

1. A Bayesian network is shown for the variables paper Thickness, paper Alignment and Print Quality. The conditional probabilities are provided in the tables beside the nodes. Here

Purpose of storage - computer architecture, Purpose of storage: Several...

Purpose of storage: Several different forms of storage, based on different natural phenomena, have been invented.  So far, no practical universal storage medium persists, and a

Fuzzy logic - artificial intelligence, Fuzzy set theory provides a means fo...

Fuzzy set theory provides a means for modeling the kind of uncertainty associated with vagueness, with imprecision, and/or with a lack of information regarding a particular element

What are the steps in a bdc session, What are the steps in a BDC session? ...

What are the steps in a BDC session? The first step in a BDC session is to recognize the screens of the transaction that the program will process.  Next step is to write a pro

Why do businesses need systems analysts, Q. Why do businesses need systems ...

Q. Why do businesses need systems analysts? A computerized system allows an organization to provide accurate information and respond faster to queries, events etc. If a busines

Explain about RISC pipelining, Q. Explain about RISC PIPELINING? Instru...

Q. Explain about RISC PIPELINING? Instruction pipelining is frequently used to increase performance. Let's consider this in context of RISC architecture. In case of RISC machin

Calculate the blocking probability of three stage network, A three stage ne...

A three stage network is designed with the following parameters: M=N=512, p = q = 16 and α = 0.65. Calculate the blocking probability of the network, if s=16. Symbols carry th

Which method is used for resolving data dependency, Which method is used fo...

Which method is used for resolving data dependency conflict by the compiler itself?  (A) Delayed load.   (B) operand forwarding.   (C) Pre fetch target instruction.  (D) loo

What are the requirements of the user, This step of systems examination is ...

This step of systems examination is one of the most difficult. In this stage systems specifications are identified by asking what, who, when, where and how. A few questions address

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