lgcc enterprises is considering introducing a new cell phone, the x-7. they estimate they will sell 10,000 x-7s next year at a retail price of $590. of the 10,000 x-7 sales, 3,000 would be from customers that would have purchased lgcc's current x-6 model, which retails for $350. what incremental sales revenue should lgcc use in their analysis of the x-7?

Respuesta :

The incremental sales revenue that should lgcc used in their analysis of the x-7 is 4,050,000

According to the given question and given data,

Next year sales = 10000*510 = 5100000

Previous year sales = 3000*350 = 1050000

Incremental sales = 5,100,000-1,050,000 = 4,050,000

Incremental sales measure the efficiency of a marketing or sales promotion campaign. The difference between the sales made during a promotion and the sales you would have made if there would have been no promotion. Incremental sales in business means a gradual increase which can increase depending on ad expenditure and all.

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