Your manager has asked you to review the marketing techniques used by your organisation, with a view to using only the most cost-effective techniques. Based on the data provided, which marketing technique is the most effective?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Your manager has asked you to review the marketing techniques used by your organisation, with a view to using only the most cost-effective techniques.
Based on the data provided, which marketing technique is the most effective?
Transcribed Image Text:Your manager has asked you to review the marketing techniques used by your organisation, with a view to using only the most cost-effective techniques. Based on the data provided, which marketing technique is the most effective?
Social Media
Billboards
Sponsorship
Cold Calling
Spend
£110,000
£33,500
£75,999
£105,250
Reach
5,000,000
1,861,111
12,666,500
4,210,000
Transcribed Image Text:Social Media Billboards Sponsorship Cold Calling Spend £110,000 £33,500 £75,999 £105,250 Reach 5,000,000 1,861,111 12,666,500 4,210,000
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