How can I compare the costs of different advertising options?
An example of an AI chatbot conversation about comparing advertising costs.
How can I compare the costs of different advertising options?
You can start by listing the advertising options you're considering, such as social media, Google Ads, and print ads.
What factors should I consider when comparing these options?
Consider the reach, engagement rates, cost per click, and overall ROI for each option.
Can you help me calculate the ROI for a specific ad campaign?
Sure! Please provide the total cost of the campaign and the revenue generated from it.
The campaign cost $500 and generated $2000 in revenue.
The ROI is calculated as (Revenue - Cost) / Cost. So, in your case, it would be (2000 - 500) / 500 = 3, or 300%.
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