What is a good ROI for advertising?
A good ROI for advertising typically ranges from 4:1 to 10:1, meaning for every dollar spent, you should earn $4 to $10.
How do I calculate my advertising ROI?
To calculate ROI, use the formula: (Net Profit / Cost of Advertising) x 100. This gives you a percentage.
What factors can affect my advertising ROI?
Factors include target audience, ad quality, platform used, and market conditions. Testing and optimization are key.
Is a 2:1 ROI considered good?
A 2:1 ROI is generally considered low, as it means you're only doubling your investment. Aim for higher returns.
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