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17.6 Newspaper Advertising Costs Objective: Students will be able to understand how to compute the cost of advertising in a newspaper. Advertisement = Number of ∗ Rate per Cost Column Inches Column Inch The Daily News Advertising Rates (per column inch) Daily Saturday Sunday Open Rate No Contract $49.50 Flight Plan 50 inches per year 38.53 Bulk Rate 100 inches per year 29.31 500 inches per year 29.04 1,000 inches per year 28.73 5,000 inches per year 26.13 10,000 inches per year 25.71 20,000 inches per year 23.74 30,000 inches per year 22.05 40,000 inches per year 20.99 50,000 inches per year 19.45 Daily: Mon-‐Fri $50.40 39.26 29.86 29.59 29.27 26.62 26.19 24.19 22.46 21.38 19.82 $62.00 48.71 37.52 37.26 36.89 33.44 32.33 30.42 28.25 26.66 24.01 Ex: Number of column inches: 19 Annual contract per inches: 20,000 Edition: Sunday Find the advertisement cost. Advertisement Cost = 19 ∗ 30.42 = $577.98 Ex: Seafood Market does not have a contract for advertising. Thursday’s paper will carry a 14-‐inch advertisement for the market. How much does the advertisement cost? Advertisement Cost = 14 ∗ 49.50 = $693.00 Hw #6 Pg 564 #1-‐9