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

What is friend function in c++, As the name suggests, the function acts as ...

As the name suggests, the function acts as a friend to a class. As a friend of a class, it can access its private & protected members. A friend function is not a member of the clas

What is sgml, SGML is very large, influential, and difficult. It has been i...

SGML is very large, influential, and difficult. It has been in important industrial and commercial use for nearly two decades, and there is a important body of expertise and softwa

Benefits of having densely packed integrated circuits, What are benefits of...

What are benefits of having densely packed Integrated Circuits? These are stated below: Reliability: The integrated circuit interconnections are in fact more reliable

Explain vector-memory instructions, Vector-Memory Instructions When vec...

Vector-Memory Instructions When vector operations with memory M are carried out then these are vector-memory instructions. These instructions are referred with the subsequent f

Sites are useful to the target audience members, Normal 0 false...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4 Select a range of a

Define in brief about the database management systems, Define in brief abou...

Define in brief about the Database Management Systems Databases (Database Management Systems - DBMS) Databases are used to organise and collect information. Most databas

Advantages of edi (electronic data interchange), Advantages of EDI 1.  ...

Advantages of EDI 1.  EDI replaces paper transactions with electronic transactions therefore it saves times and speeds up transactions. 2.  It gives a legal record of busine

What is collection objects in vb, Likewise to arrays but is preferred over ...

Likewise to arrays but is preferred over an array due to of the following reasons. 1. A collection objects uses less Memory than an array. 2. It gives methods to add and dele

Find out the decimal equivalent of binary number, The decimal equivalent of...

The decimal equivalent of Binary number 10101 is ? Ans. 1x2 4 + 0x2 3 +1x2 2 +0x2 1 + 1x2 0 = 16 + 0 + 4 + 0 + 1 = 21.

Find cross points and primary no. in 3-tage satge switching, A three stage ...

A three stage switching structure supports 100 inlets and 400 outlets. Find the number of cross points, and the number of primary and secondary switches used in the design. We

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