How to optimize your marketing budget: Do more with less
Sprout Social
SEPTEMBER 18, 2023
See where your dollars had the most impact in the previous year—the campaigns that brought the biggest return on ad spend (ROAS), conversion rates or lead sources. Next, you’ll need to create an estimate of the costs associated with different marketing activities. For example, an advertiser may think that a 1:3 ROAS ratio is fantastic.
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