Online Marketing at Big Skinny: Identify the potential problems with the bidding strategy shown in the table below. Assume most Big Skinny wallets were sold at prices between $20 and $35.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Case: Online Marketing at Big Skinny: Identify the potential problems with the bidding

strategy shown in the table below. Assume most Big Skinny wallets were sold at prices

between $20 and $35.

Кеyword
thin wallets
387
16,582
2.33%
$0.53 $205.11
1.8
32
$6.41
8.27%
leather wallet
103
12,335 0.84%
$0.59
$60.77
3.2
3
$20.26
2.91%
"thin wallet"
132
2,947
4.48%
$0.50
$66.00
1.2
9.
$7.33
6.82%
"big skinny"
35
2,452
1.43%
$0.50
$17.50
1.4
$3.50
14.29%
"thinnest wallet"
81
2,188
3.70%
$0.52
$42.12
1.4
4
$10.53
4.94%
thin leather wallet
13
1,389
0.94%
$0.59
$7.67
1.6
1
$7.67
7.69%
thinnest wallets
16
1,135
1.41%
$0.61
$9.76
1.3
1
$9.76
6.25%
world's thinnest wallet
94
625
15.04% $0.23
$21.62
1.1
$7.21
3.19%
thin leather wallets
17
589
2.89%
$0.80
$13.60
2.5
$0.00
0.00%
thin bifold wallet
13
423
3.07%
$0.61
$7.93
1.4
1
$7.93
7.69%
thin clutch wallet
9
297
3.03%
$0.61
$5.49
1.7
$0.00
0.00%
small thin wallet
19
275
6.91%
$0.67
$12.73
1.6
2
$6.37
10.53%
thin credit card wallet
12
248
4.84%
$0.66
$7.92
2.3
$0.00
0.00%
ultra thin wallet
11
243
4.53%
$0.75
$8.25
1.8
1
$8.25
9.09%
ultra thin wallets
18
225
8.00%
$0.67
$12.06
1.4
$6.03
11.11%
best thin wallet
5
193
2.59%
$0.55
$2.75
1.5
$0.00
0.00%
thin trifold wallet
3
156
1.92%
$0.66
$1.98
1.4
$0.00
0.00%
world thinnest wallet
19
125
15.20%
$0.32
$6.08
1.5
$0.00
0.00%
super thin wallet
10
123
8.13%
$0.28
$2.80
1.3
$0.00
0.00%
very thin wallet
10
63
15.87%
$0.70
$7.00
1.4
1
$7.00
10.00%
super thin wallets
2
59
3.39%
$0.48
$0.96
1.2
$0.00
0.00%
thin sport wallet
1
47
2.13%
$0.76
$0.76
1.5
$0.00
0.00%
thinnest wallet ever
2
40
5.00%
$0.38
$0.76
1.1
$0.00
0.00%
thin super skinny wallet
4
0.00%
$0.00
$0.00
1
$0.00
0.00%
Total - all keywords
1017
42986
4.80%
$0.54 $524.77
1.6
66
$4.46
$0.05
1* Clicks
Impressions
Click-through
Rate (CTR)
Avg. Cost per-
Click (CРC)
Total Cost
Rate
Transcribed Image Text:Кеyword thin wallets 387 16,582 2.33% $0.53 $205.11 1.8 32 $6.41 8.27% leather wallet 103 12,335 0.84% $0.59 $60.77 3.2 3 $20.26 2.91% "thin wallet" 132 2,947 4.48% $0.50 $66.00 1.2 9. $7.33 6.82% "big skinny" 35 2,452 1.43% $0.50 $17.50 1.4 $3.50 14.29% "thinnest wallet" 81 2,188 3.70% $0.52 $42.12 1.4 4 $10.53 4.94% thin leather wallet 13 1,389 0.94% $0.59 $7.67 1.6 1 $7.67 7.69% thinnest wallets 16 1,135 1.41% $0.61 $9.76 1.3 1 $9.76 6.25% world's thinnest wallet 94 625 15.04% $0.23 $21.62 1.1 $7.21 3.19% thin leather wallets 17 589 2.89% $0.80 $13.60 2.5 $0.00 0.00% thin bifold wallet 13 423 3.07% $0.61 $7.93 1.4 1 $7.93 7.69% thin clutch wallet 9 297 3.03% $0.61 $5.49 1.7 $0.00 0.00% small thin wallet 19 275 6.91% $0.67 $12.73 1.6 2 $6.37 10.53% thin credit card wallet 12 248 4.84% $0.66 $7.92 2.3 $0.00 0.00% ultra thin wallet 11 243 4.53% $0.75 $8.25 1.8 1 $8.25 9.09% ultra thin wallets 18 225 8.00% $0.67 $12.06 1.4 $6.03 11.11% best thin wallet 5 193 2.59% $0.55 $2.75 1.5 $0.00 0.00% thin trifold wallet 3 156 1.92% $0.66 $1.98 1.4 $0.00 0.00% world thinnest wallet 19 125 15.20% $0.32 $6.08 1.5 $0.00 0.00% super thin wallet 10 123 8.13% $0.28 $2.80 1.3 $0.00 0.00% very thin wallet 10 63 15.87% $0.70 $7.00 1.4 1 $7.00 10.00% super thin wallets 2 59 3.39% $0.48 $0.96 1.2 $0.00 0.00% thin sport wallet 1 47 2.13% $0.76 $0.76 1.5 $0.00 0.00% thinnest wallet ever 2 40 5.00% $0.38 $0.76 1.1 $0.00 0.00% thin super skinny wallet 4 0.00% $0.00 $0.00 1 $0.00 0.00% Total - all keywords 1017 42986 4.80% $0.54 $524.77 1.6 66 $4.46 $0.05 1* Clicks Impressions Click-through Rate (CTR) Avg. Cost per- Click (CРC) Total Cost Rate
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