MARKETING >CUSTOM< (PB)
MARKETING >CUSTOM< (PB)
19th Edition
ISBN: 9781307525557
Author: Kerin
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 22, Problem 1AMK

a)

Summary Introduction

To discuss: The ratio of incremental sales revenue to incremental marketing efforts at the bottom of the curve.

Introduction:

The cause and effect of the sales with sales effects is termed as sales response function or sales response curve.

a)

Expert Solution
Check Mark

Explanation of Solution

Bottom:

At the bottom of the curve, there will be a low ratio because the slope of the curve will be flat. This denotes that there is no additional sales revenue made with the additional units of incremental marketing efforts.

b)

Summary Introduction

To discuss: The ratio of incremental sales revenue to incremental marketing efforts at the middle of the curve.

Introduction:

The cause and effect of the sales with sales effects is termed as sales response function or sales response curve.

b)

Expert Solution
Check Mark

Explanation of Solution

Middle:

At the middle of the curve, there will be a high ratio because the slope of the curve will start rising from bottom. This denotes that there is additional sales revenue made with the additional units of incremental marketing efforts.

c)

Summary Introduction

To discuss: The ratio of incremental sales revenue to incremental marketing efforts at the middle of the curve.

Introduction:

The cause and effect of the sales with sales effects is termed as sales response function or sales response curve.

c)

Expert Solution
Check Mark

Explanation of Solution

Top:

At the top of the curve, there will be a low ratio because the slope of the curve will be flat. This denotes that there not much of additional sales revenue made with the additional units of incremental marketing efforts.

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