As ROI is link to the investments the organization made and those it fail to make, the target audience’s experience will directly influence the decisions to be made, contributing to increasing the business’s return on investment.
To measure ROI, you ne to read some key indicators. Check out the main ones!
Customer Lifetime Value
This indicator is us to demonstrate the average revenue that a customer can generate for the corporation. It is bas on calculations of how much the customer spends per purchase and their frequency of consumption. With this data , it is possible, for example, to plan strategies to increase customer loyalty and guarantee revenue for much longer.
Up-sell and cross-sell
Up-selling and cross-selling are strategies that aim to increase a british student data company’s revenue through unplann sales that increase customer satisfaction. Basically, mechanisms are develop to attract the consumer ‘s attention to complete their purchase or acquire a more expensive version of the product, generating greater profitability for the business.
This metric helps identify
The specific characteristics of the dynamics of contracts and services provid by the company. The total number of contacts made is evaluat, as well as those that turn into business. Another important point is the analysis of the reasons for abandoning a purchase. This makes it possible to understand whether your strategy is, in fact, working.
How to do the calculation?
The simplifi calculation of ROI is perform using the privacy! one of the biggest concerns of internet users following formula: ROI = (Revenue – Cost) / Cost. To help you understand better, imagine that your company, when investing 4 thousand database d reais in What indicators can a project, earn 24 thousand reais in a semester.
