Imagine Robert is searching online for the best restaurants in your town. After considering different...
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Accounting
Imagine Robert is searching online for the best restaurants in your town. After considering different options, Robert clicks on your website and sees a list of the 5 best restaurants in the city. Every single time Robert or anybody else clicks on one of the restaurants on the list and orders food you get some money for it (commission). Based on this please answer the following questions:
WV = Number of people that visited the website
NR = Number of people that ordered food
% = Percentage of people that ordered food compared to the total people that visited the website
MN = Money you make every time somebody orders food on the website
PR = Total profit you made for the people that ordered food on the website
PR/RW = Profit you make for every visit the website gets
Which option do you think will give you the highest profit out of all of them? Explain why?
What do you think was the ranking on your website during the time that the above data was collected? Would you make any changes to the ranking?
In your opinion, how do you think the options were ranked during the time this information was pulled from the database? If you could, would you modify the ranking?
If you could suggest any improvements to make more money what would those be?
Web 5 MN changes to $12 but it will always have to be on the top of the list when people get to your website. Do you think this is a good idea? Please explain.