Post Utme Joseph Ayo Babalola University 2024 Commerce Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2024 Commerce Objective / Multiple Choice
Question 7 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering two marketing strategies: a social media campaign targeting 100,000 users with a 5% conversion rate, or a paid advertising campaign targeting 50,000 users with a 10% conversion rate. Which strategy is more cost-effective, assuming a cost per click of 0.50?

Answer Options

Correct Answer A. Social media campaign
B. Paid advertising campaign
C. Both strategies are equally cost-effective
D. Neither strategy is cost-effective
Correct Answer
A
Correct Option:
Social media campaign

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Commerce Question 7. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

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