Course Solutions Uncategorized (Answered) : Assume that Mia’s Foods spent $300,000 for one television commercial. The program on which the commercial aired had an audience

(Answered) : Assume that Mia’s Foods spent $300,000 for one television commercial. The program on which the commercial aired had an audience

June 27, 2024| admin| 0 Comment| 7:37 pm

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Assume that Mia’s Foods spent $300,000 for one television commercial. The program on which the commercial aired had an audience of 15,000,000 persons. The size of Mia’s Foods’ target market watching the program was 10,000,000. The CPM-TM is ____.

Expert Answer

https://latex.codecogs.com/gif.latex?CPM-TM%3D%20%28Cost%20%5C%3B%20of%5C%3B%20ad/target%20%5C%3B%20audience%291000

https://latex.codecogs.com/gif.latex?CPM-TM%3D%28300000/10000000%291000
CPM-TM = $30

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(Answered) : Assume that Mia’s Foods spent $300,000 for one television commercial. The program on which the commercial aired had an audience

Expert Answer

https://latex.codecogs.com/gif.latex?CPM-TM%3D%20%28Cost%20%5C%3B%20of%5C%3B%20ad/target%20%5C%3B%20audience%29*1000 https://latex.codecogs.com/gif.latex?CPM-TM%3D%28300000/10000000%29*1000 CPM-TM = $30

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https://latex.codecogs.com/gif.latex?CPM-TM%3D%20%28Cost%20%5C%3B%20of%5C%3B%20ad/target%20%5C%3B%20audience%291000

https://latex.codecogs.com/gif.latex?CPM-TM%3D%28300000/10000000%291000
CPM-TM = $30