Keep track of advertising effectiveness

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Allocate budget for each channel based on goals and performance forecasts. To avoid overspending, set limits for each channel for specific periods (month, quarter). Use financial accounting tools to control and adjust expenses. This level of detail will allow you to better control costs and respond more quickly to changes in results. Step 6. Analysis of results All the previous steps are useless if you do not monitor the results and draw conclusions.

Analytics is not a one-time action, but a vietnam telegram regular process. ,Keep track of advertising effectiven use analytics services, monitor each advertising channel and its results. In addition to the data that will be collected in your table or service, we recommend additionally measuring marketing metrics: CPC, CPA, CPL. These indicators will help find points of growth in the number of clients or places where you can reduce costs.

ROMI or simply: return on investment that was invested in marketing deserves special attention in the context of the analysis. The metric is calculated as follows: ROMI = ((Revenue – Marketing Expense)/Marketing Expense x 100% Understanding ROI will help you do two things: Planning can be done with more realistic goals and a more accurate budget can be considered.