Understand ROAS (Return on ad spend)
Startmetric Services29 Jul, 2024Business
ROAS stands for Return on Ad Spend. It measures how much you earn for every penny spent on advertising. For example, if you spend a hundred on advertising and make three hundred on sales, your return on ad spend is 3:1. This means he got three times the amount he spent. ROAS helps you measure the effectiveness of your ads.
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