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

Explain about the links and association, Links and Association Links a...

Links and Association Links and associations are the basic means used for establishing relationships among objects and classes of the system. In the next subsection we will di

Write a class driver , Create a class called  performance that records the ...

Create a class called  performance that records the information of a performance. The class should include at least five data items:  id,  title,  basePrice, startDate, endDate. Yo

Illustrate the history of computers, Q. Illustrate the history of computers...

Q. Illustrate the history of computers? Let's now consider history of computers since this will give fundamental information about technological development trends in computer

Data, Data, information and knowledge - Information System The nature ...

Data, information and knowledge - Information System The nature of information can most easily be defined in the context of its relationship to data and knowledge. Bohn (1994)

Determine the simplified sop boolean expression, The Karnaugh map for a SOP...

The Karnaugh map for a SOP function is given below in figure. Determine the simplified SOP Boolean expression. Ans. F= B'C' + A'C'D + B'D'

Determine the equivalent in octal of decimal number, Convert decimal 153 to...

Convert decimal 153 to octal. Equivalent in octal will be ? Ans. (153) 10 = (231) 8

Logical database is a database structure., In sense of Database Management ...

In sense of Database Management System (DBMS) LOGICAL DATABASE is a database Structure. False LOGICAL DATABASE is not a database Structure.

Minimization of the logic function using k-maps, Minimize the logic functio...

Minimize the logic function F(A, B, C, D) = ∑ m(1,3,5,8,9,11,15) + d(2,13) using K-maps Ans. The logic function minimization of F(A, B, C, D) = ∑ m(1,3,5,8,9,11.15) + d(2,13) by

What is replacement policy in cache, Q.What is Replacement Policy in cache?...

Q.What is Replacement Policy in cache? When a new block has to be fetched in cache the other block may have to be replaced to make room for new block. Replacement policy determ

Op code mnemonics in assembly language, Op code mnemonics: Instruction...

Op code mnemonics: Instructions  (statements)  in  assembly  language  are  usually  very  simple,  unlike  those that in  high-level languages. Usually, an opcode is a symbol

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