What is the Return on Investment (ROI) of an ad campaign? How do you go about measuring it? Which attribution models work best for your sales process?
These are some of the things I was working on this afternoon which led me to ponder the following relationship. As you start to think of the ROI question, it sounds very straight forward.
Return on Investment = (Gain – Investment) / Investment
Then you begin to realize that there are a lot of different ways to define each of these. And what about the interplay between the various ad campaign investments? Where does it end?
It’s not until you work it through further that it becomes clearer once again.