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

Constant current sources, Constant Current Sources An ideal constant c...

Constant Current Sources An ideal constant current source delivers a given current to a circuit regardless of the voltage required to do so. . Constant current supplies are r

State the data flow diagramming conpects, State the data flow diagramming c...

State the data flow diagramming conpects The approach to data flow diagramming is as follows: Create a data flow diagram for each of major outputs of system Work ba

Benefit of digital versatile disk read only memory, Q. Benefit of digital v...

Q. Benefit of digital versatile disk read only memory? The main benefit of having CAV is that individual blocks of data can be accessed at semi-random mode. So head can be move

Evaluate personality defines, Evaluate personality defines? 1. System ...

Evaluate personality defines? 1. System calls: Linux use a software interrupts to change into kernel mode whilst other UNIX system use an inter segment jump. 2. Message n

Basic working of network layer, Q. Basic working of Network layer? Net...

Q. Basic working of Network layer? Network layer: Network layer is responsible for routing a packet within the subnet that is, from source to destination nodes across numerou

Where the trunks lines are run between, Trunks are the lines that run betwe...

Trunks are the lines that run between (A)  Subscribers and exchange (B)  Switching system and power plant (C) Local area network (D) Switching stations Ans:

Single program multiple data, SPMD is actually a "high level" programming m...

SPMD is actually a "high level" programming model that can be built upon any combination of the previously mentioned parallel programming models. A single program is executed by al

Determine any three restrictions that apply to class members, a. Determine ...

a. Determine any three restrictions that apply to class members. b. Is it possible for single class to be a friend of another class? Illustrate this using a suitable C++ program

State the scope of security policy, State the scope of security policy ...

State the scope of security policy The scope of security policy depends on aspects such as the size of the Intranet site, type of information hosted on it, and the number of u

What is read-only-memory, Q. What is Read-only-Memory? Read only memory...

Q. What is Read-only-Memory? Read only memory is an illustration of a Programmable Logic Device (PLD) it implies that binary information which is stored within a PLD is specifi

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