It is essential for the digital marketer to get their ROI tracked, at least to know their status, whether they are breaking even, making profits or even loss. The results they have in their tracked ROI would surely determine their next line of action.
How do digital marketers now get this done effectively? Different ways have been set up to get it done. There are some tracking tools, that are very helpful to the users. Google analytics for instance and some social media platforms like Facebook and others have their own metrics that they use in monitoring performance.
Digital marketers can use the formular, { (Revenue - Cost) ÷ Cost} ×100. This will show the ROI made on such campaign being calculated for. What do you think of this?
How do digital marketers now get this done effectively? Different ways have been set up to get it done. There are some tracking tools, that are very helpful to the users. Google analytics for instance and some social media platforms like Facebook and others have their own metrics that they use in monitoring performance.
Digital marketers can use the formular, { (Revenue - Cost) ÷ Cost} ×100. This will show the ROI made on such campaign being calculated for. What do you think of this?