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

Grid computing, Grid Computing means applying the resources of a lot of com...

Grid Computing means applying the resources of a lot of computers in a network simultaneously to a one problem for solving a scientific or a technical problem that needs a large nu

Pipelining - computer architecture, Pipelining - computer architecture: ...

Pipelining - computer architecture: The Pipeline Defined According to John Hayes "A pipeline processor consists of a sequence of processing circuits, called stages or

State about agp, State about AGP The latest addition to many computer s...

State about AGP The latest addition to many computer systems is the inclusion of accelerated graphics port (AGP). AGP operates at the bus clock frequency of the microprocessor.

Define operation code, Define Operation code. The Operation code of an ...

Define Operation code. The Operation code of an instruction is a group of  bits that explain such operations as add, sub, ,shift, mul and complement.

Describe the fundamental characteristics of antennas, Question 1: (a) ...

Question 1: (a) Describe the two fundamental characteristics of antennas explaining in detail how it affects the security of wireless networks. (b) What is a wireless cli

Determine about the security policy, Determine about the Security Policy ...

Determine about the Security Policy In the United States, the government has a separate organisation looking after the security measures and providing guidelines to all departm

What is grid computing, (a) What is Grid computing? (b) What are the k...

(a) What is Grid computing? (b) What are the key distinctions between conventional distributed computing and Grid computing? (b) Describe how five features of Grid Computi

Describe ergonomic keyboards, Q. Describe Ergonomic Keyboards? Ergonomi...

Q. Describe Ergonomic Keyboards? Ergonomics is the study of environment, conditions as well as efficiency of workers. Ergonomics proposes that keyboard wasn't designed with hum

What is hybrid olap, When a database developer uses Hybrid OLAP it seperate...

When a database developer uses Hybrid OLAP it seperates the data among relational and specialized storage. In some certain modifications a HOLAP database may store vast amounts of

Explain cell spacing and cell padding, Q. Explain Cell Spacing and Cell Pad...

Q. Explain Cell Spacing and Cell Padding? Couple of attributes known as CELLSPACING and CELLPADDING. Both are part of tag. CELLPADDING is the amount of space between

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