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

Which electro mechanical switch had fewer moving parts, The             el...

The             electro mechanical switch (developed in 1938) had fewer moving parts than earlier switches. (A)  No. 1ESS                                 (B)  Strowger (

Corrosion, Explain the mechanidm of the rusting of iron on the basis of ele...

Explain the mechanidm of the rusting of iron on the basis of electrochemical corrosion?

General use of cluster computing, Q. General use of cluster computing? ...

Q. General use of cluster computing? A general use of cluster computing is to balance traffic load on high-traffic web sites. In web operation a web page request is transmitted

Explain about fat - inode, Q. Explain about FAT - Inode? Today modern P...

Q. Explain about FAT - Inode? Today modern PC comprises total capacity of nearly 40GB for storage of program and data Due to this huge capacity in place of having just one oper

Production-centered virtual manufacturing, Production-Centered Virtual Manu...

Production-Centered Virtual Manufacturing It utilizes simulation ability to manufacturing process models along with the purpose of permitting inexpensive, fast evaluation of va

Simple assembly programs, Data Transfer Two most fundamental data trans...

Data Transfer Two most fundamental data transfer instructions in 8086 microprocessor are XCHG and MOV. Let's give illustrations of the use of these instructions. Program 1:

Describe about pascaline, Q. Describe about Pascaline? Blaise Pascal ma...

Q. Describe about Pascaline? Blaise Pascal made very first attempt in the direction of automatic computing. He invented a device that comprised lots of gears and chains that us

Explain cause effect graphing, Explain cause effect graphing . Cause-ef...

Explain cause effect graphing . Cause-effect graphing is a test case design method that gives a concise representation of logical conditions and corresponding actions.  The

What are the advantages of using uml, Benefits of using UML breaks the comp...

Benefits of using UML breaks the complex system into discrete pieces that can be understood simply. Handover the system to new team becomes simpler. Complex system can be un

What is a multitape tm, What is a multitape TM?  A  multi-tape  Turing ...

What is a multitape TM?  A  multi-tape  Turing  machine  having  of  a  finite  control  with  k-tape  heads  and k-tapes each tape is infinite in both directions. On a one mov

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