An objective of a direct-mail campaign is to solicit an order from the prospects. Your firm's latest direct-mail offer was mailed to 100 000-targeted consumers. To date, you have received 2000 orders to your offer. Based upon what the industry's historical order rate runs, has this campaign been successful?
A) No, the 2000 orders do not cover the marginal costs of the mailing.
B) Yes, a 2 percent rate is considered good.
C) No, the 2 percent is below acceptable standards for a mailing.
D) No, the level is below acceptable levels.
E) Cannot tell without more information.
Correct Answer:
Verified
Q10: Which of the following is a factor
Q11: Suppose only 2 percent of the prospects
Q12: You have identified those customers who have
Q13: Direct marketing permits the _ of alternative
Q14: Direct marketers seek a measurable response, typically
Q15: Direct marketing is the use of consumer-direct
Q17: Your company uses direct marketing to reach
Q18: Which of the following is a major
Q19: The catalog you receive from a large
Q20: A direct mail campaign that has an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents