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Measuring Return On Investment (ROI) of Internet Advertising & Marketing
Integrate Google Analytics with your Website and then create "Goals" for your Products/ Services you want to achieve. You can easily track performance of Online Marketing including SEO, Social Media Marketing, Paid Advertising using Google Adwords. You can measure results/ ROI against each platform you've used and you can reivew your strategies periodically.
Learn how to interprete data that's shown on Google Analytics and it'll help you understand the results acquired from your Online Marketing Efforts and areas where you need more efforts etc.
Mr, Hany the anwer of this question is very wide because it can not be explained without an example. So I guess I can send you the answer on your mail.
mohd,
You probably noticed that you don’t have to use a ton of tools to do this. We’re keeping it lean! Here’s a quick recap of the tools I’ve mentioned:
To measure and calculate ROI of online marketing and and social media marketing,you have to analyse data on how much you have invested in SM(Social media) and how much this has benefitted you,as compared to before .The calculations are as follows,
Social media ROI = (SM return – SM investment) / SM investment percent.
The ideal scenario is to have SM return higher than SM investment thereby signifying the efficacy of the SM campaign
you can just simply deduct your digital marketing budget to the acquired sales through the use of social and internet marketing.
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