Check This Out: Tracking ad spend ROI with SegMetrics

How long does it take you to earn back what you’re spending on paid ads?

In this week’s Check This Out video, we explore how to swiftly measure and maximize your advertising ROI using SegMetrics. Tracking your ad spend ROI is the first step in optimizing your ad campaigns. 

Watch the video to see how it’s done.

Video: “Tracking ad spend ROI with SegMetrics”

In the video, you’ll learn:

• How to quickly uncover how long it takes to see a return on your ad spend
• Practical tips to optimize your ad campaigns for better returns
• How SegMetrics can help you optimize and accelerate your ad spend ROI

Video Transcript

Have you been wondering how long it actually takes to see a return on your ad spend? Time to profitability can have a huge impact on your marketing. But don’t you worry, today we’re about to crack this mystery wide open.

Understanding the time it takes to see a return on your ad spend is a must for any marketing strategy. It’s not just about spending money to get leads, it’s about knowing when that investment becomes profitable. 

Traditionally, putting the pieces together has been a challenge for any long term sales funnel, and most tools will only leave you with fragmented data, leaving you to connect the dots manually. This is where a more integrated approach becomes essential. You want a tool that will seamlessly integrate with all of your various data sources, leaving you with a comprehensive view of your customer journey, from click to revenue generation, no matter how long that sales cycle is. This type of clarity will ultimately lead to smarter, more effective marketing decisions.

Going into our advertising report lets us see how many of our leads are clicking on our ads, and how much revenue they’re generating after the ad is clicked. To find out our ROI, we’re going to create monthly cohorts by seeing people who clicked this month, last month, the month before that, and the month before that. Then we see how long it takes until those people give us positive ROI. Then we can send these to a dashboard to keep them top of mind.

What this lets you do is plan your marketing around that time to ROI. By pinpointing which advertising channels are yielding the quickest ROI, you can confidently direct more funds there and ensure that your marketing dollars are working effectively. The flip side, channels with slower ROI might need a strategy overhaul or a pause to evaluate their effectiveness.

Time to ROI is also a key player in your planning and forecasting. Knowing your typical ROI timeline allows you to set realistic goals and timelines around your marketing. It also prevents the pitfalls of expecting immediate results, especially when the data shows a longer journey to profitability.

Understanding your time to ROI sharpens your targeting and messaging. In essence, this is about leveraging ROI insights to optimize every aspect of your marketing strategy, from budget allocation, to campaign planning, all the way to execution. 

And remember, it’s not just about tracking numbers. It’s about using those numbers to make smarter, more effective marketing decisions.

Next Steps

First, go like this Check This Out video on YouTube. And I encourage you to subscribe to the @SegMetrics YouTube Channel. 

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