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

Weighted harmonic mean and geometric mean, Problem Show which of the w...

Problem Show which of the weighted arithmetic mean, geometric mean or harmonic mean, you would use in each of the following case. Justify your answer in each case. (a)

Voice identifier - biometric computer security systems, Voice Identifier - ...

Voice Identifier - Biometric Computer Security Systems Besides fingerprint, another popular security technology is voice identifier. According to VSS organization (2007), voic

What are the external storage systems, External storage systems A numb...

External storage systems A number of different types of external memory devices are available now. Some of these are considered below (hard drives haven't been mentioned as th

Define diffrent aspects of a system, Q. Define diffrent aspects of a System...

Q. Define diffrent aspects of a System? The aspects of a System are as below: Organization implies order and structure. It is aprearrangement of components which helps t

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

Illustrate the advantages of encapsulation, Advantages of Encapsulation ...

Advantages of Encapsulation You can also delay the resolution of the details until after the design.  You can keep your code modular.

Explain what logic gets synthesized , What logic gets synthesized when I us...

What logic gets synthesized when I use an integer instead of a reg variable as a storage element? Is use of integer recommended? An  integer  can  take  place  of  a  reg  as

Priority array, The runqueue is the list of runnable processes on a given p...

The runqueue is the list of runnable processes on a given processor. There is only one runqueue per processor. Each runqueue contains two priority arrays: Active and Expired. Each

What is the scope of public members in all classes, What is the Scope of pu...

What is the Scope of public/private/friend/protected/protected friend?    Scope of public/private/friend/protected/protected friend. Visual Basic/Visual C# Public/pub

State about sixth generation electronic computers, Sixth Generation (1990 -...

Sixth Generation (1990 - ) This  generation  begun  with  many  gains  in  parallel  computing,  both  in  hardware area and in improved understanding of how to build up algori

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