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

Mathematical applications, The current 32 and 64 bit machines can represent...

The current 32 and 64 bit machines can represent integers of around 9 digits and 30 digits respectively, while various scientific and mathematical applications have to represent in

Operations of a scientific calculator, A program is to be developed to simu...

A program is to be developed to simulate the operations of a scientific calculator. List the facilities to be provided by this calculator. Analyze this using a DFD 0- level and 1-

State the process of development of object oriented analysis, The Process o...

The Process of Development The approach to development can be an iterative one. It involves repeated refinement of the object model. The process needs to be controlled by an a

The six various application of stack, The six several application of stack ...

The six several application of stack in computer application is: 1.  Conversion of infix to postfix notation and vice versa. 2.  Evaluation of arithmetic expression. 3.

What does the logo mean, This comes at the complication time, If we give th...

This comes at the complication time, If we give the LOGO option to the compiler, it take a bitmap file (i.e., ) as logo previous to loading the Application.

Register data type as combinational element, Reg data type as Combinational...

Reg data type as Combinational element module reg_combo_example( a, b, y); input a, b; output y; reg y; wire a, b; always @ ( a or b) begin y = a & b; e

Computer based accounting systems, For the purposes of this assignment, you...

For the purposes of this assignment, you are the accountant for an industrial property development company, Devprop Leasing Co., that typically develops warehouse and industrial co

What are the cycle based simulators, What are the Cycle based simulators ...

What are the Cycle based simulators Cycle based simulators are more like a high speed electric carving knife in comparison since they focus on a subset of the biggest problem:

Explain the instruction decode, Q. Explain the Instruction Decode? Ins...

Q. Explain the Instruction Decode? Instruction Decode: This phase is performed under control of Control Unit of computer. The Control Unit determines the operation which is t

How sensors uses in real time process control, How sensors uses in real tim...

How sensors uses in real time process control Sensors send data (through an analogue to digital converter - ADC) to a microprocessor or computer that decides whether or not to

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