SOLUTION: Blogging. A business owner's blog can be an effective marketing and advertising tool. The return on investment r of a blog can be estimated by r = tmap ____ hs, t is

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Question 972970: Blogging. A business owner's blog can be an effective marketing and advertising tool. The return on investment r of a blog can be estimated by
r = tmap
____
hs,
t is the average number of visits to the blog each day. m is the percentage of blog visitors who purchase merchandise. a is the average order size. p is the percentage of the average order that is profit. h is the number of hours spent blogging each day. and s is the hourly salary of the blogger. A return on investment less than 1 indicates that the blog is costing the company money.
Tomas earns $30 per hour writing a blog for his company. It takes him 4 hrs per day to write the blog, and 5% of the blog visitors buy merchandise, with an average order size of $100 and a profit percentage of 15%. He calculates the return on investment to be 3.2. What is his average daily blog traffic?

Answer by macston(5194) About Me  (Show Source):
You can put this solution on YOUR website!
.
r=%28tmap%29%2F%28hs%29
.
%28rhs%29%2F%28map%29=t
.
t=average daily blog traffic; m=5%; a=$100; p=15%; h=4 hours; s=$30; r=3.2
.
%28%283.2%29%284hrs%29%28%2430%2Fhr%29%29%2F%28%280.05%29%28%24100%29%280.15%29%29=t
384%2F0.75=512
ANSWER: The average daily blog traffic is 512.