3 ms·
Advertisement Campaigns are based on Returns on Investments not on accuracy. For example, lets say a "Pet Insurance" company makes on average $400 profit for ea
by gitfan86 3y ago
Advertisement Campaigns are based on Returns on Investments not on accuracy. For example, lets say a "Pet Insurance" company makes on average $400 profit for each customer they obtain.
It makes sense for them to spend $200 to acquire each new customer. You could send out around 300 bulk letters for $200. So it makes sense to cast a wide net including mailing people who just made their first purchase at a pet store. Obviously some of those people only bought a $4 gold fish and will laugh at the pet insurance quote.