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

The new optimal solution, Electrocomp's management realizes that it forgot ...

Electrocomp's management realizes that it forgot to contain two critical constraints. In particular, management decides that to make sure an adequate supply of air conditioners for

Design and development of an information system, This assignment consists o...

This assignment consists of design and development of an information system. The first part of the assignment consists of the design, which includes construction of ER and DFD diag

Assignment, zero, one, two three address instructions

zero, one, two three address instructions

COMPUTER SYSTEM, Classify computer systems according to capacity. How they ...

Classify computer systems according to capacity. How they are different from computers according to the classification of technology. Provide comparative study also.

Determine about the pick device, Determine about the Pick Device Light ...

Determine about the Pick Device Light Pens The light pen used to select screen positions by detecting the light coming from points on the CRT screen. These are sensitive to

Constructor, what is meant by private copy constructor

what is meant by private copy constructor

Factor causing parallel overheads, Performance metrics aren't able to attai...

Performance metrics aren't able to attain a linear curve in comparison to increase in number of processors in parallel computer. The main reason for above situation is presence of

Describe the operation of parallel in parallel out, Describe the operation ...

Describe the operation of parallel in parallel out (PIPO) shift register. Ans:  Parallel In Parallel Out: By the name suggests, in parallel in parallel out that is a

Explain passing parameters using pointers, Q. Explain Passing Parameters Us...

Q. Explain Passing Parameters Using Pointers ? This method overcomes the drawback of using variable names directly in procedure. It uses registers to pass procedure pointers to

Explain problem-oriented and procedure-oriented language, Explain differenc...

Explain difference between Problem-oriented and procedure-oriented language. Problem-oriented and procedure-oriented language: The programming languages which can be utilized

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