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

Illustrate high performance fortran, In 1993 High Performance FORTRAN Forum...

In 1993 High Performance FORTRAN Forum which is a group of academicians and many leading software and hardware vendors in field of parallel processing established an informal langu

Determine about the term- voice synthesis, Voice synthesis Loud speakers ...

Voice synthesis Loud speakers and special software are used to output information in the form of sound to help blind and partially-sighted people; it also helps people who have d

Classification according to pipeline configuration, Classification accordin...

Classification according to pipeline configuration: According to the configuration of a pipeline, the following parts are recognized under this classification: Unifunct

Explain the term control dependence, Control Dependence Segments or I...

Control Dependence Segments or Instructions in a program can include control structures. So, dependency among statements is able to be in control structures also. However the

Restore the system defaults, In order to restore the system defaults for al...

In order to restore the system defaults for all changes made with the format statement is Format Reset

What is page-stealer process, What is Page-Stealer process? This is the...

What is Page-Stealer process? This is the Kernel process that makes rooms for the incoming pages, by swapping the memory pages that are not the part of the working set of a pro

Resetting the computer, Sometime you may have to reset your computer (i.e.,...

Sometime you may have to reset your computer (i.e., Reboot DOS) when it is still running because DOS does not work accurately. To reset your computer you have two choices: 1. P

Show the mips addressing modes, Q. Show the MIPS Addressing Modes? MIP...

Q. Show the MIPS Addressing Modes? MIPS Addressing Modes MIPS employs various addressing modes: 1. Uses Register as well asimmediate addressing modes for operations.

Variable ordering - forward checking, Variable ordering - Forward checking:...

Variable ordering - Forward checking: Hence this is different from variable ordering in two important ways as:  Whether this is a dead end when we will end up visiting a

Explain the random scan and raster scan displays, Define Random scan/Raste...

Define Random scan/Raster scan displays?  Random scan is a method in which the display is made by the electronic beam which is directed only to the points or part of the screen

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