What is ROI in Advertising?
An example of an AI chatbot conversation about understanding ROI in advertising.
What is ROI in advertising?
ROI in advertising stands for Return on Investment. It's a measure used to evaluate the efficiency of an investment.
How do you calculate ROI for an advertising campaign?
To calculate ROI, subtract the cost of the advertising campaign from the revenue generated, then divide by the cost and multiply by 100.
What is a good ROI for advertising?
A good ROI for advertising typically ranges from 400% to 800%, meaning for every dollar spent, you earn four to eight dollars back.
Can you give me an example of ROI in advertising?
Sure! If you spend $1,000 on an ad campaign and generate $5,000 in sales, your ROI would be 400%.
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