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What is break-even ROAS and how do you use it with regular ROAS?

What is break-even ROAS and how do you use it with regular ROAS?

FromDTC POD: How The Best Brands Are Built


What is break-even ROAS and how do you use it with regular ROAS?

FromDTC POD: How The Best Brands Are Built

ratings:
Length:
8 minutes
Released:
May 18, 2021
Format:
Podcast episode

Description

“When we're talking about break-even ROAS,  the real importance comes into mind when you're comparing it to your actual return on ad spend.” @JayAtSwpely #DTCPOD“When the break-even ROAS number and the ROAS number are very close together, that means that you might have a better chance of profitability.” @JayAtSwpely #DTCPOD“Discounts can be really helpful for achieving ROAS goals. But be careful because they can also increase what you need to break even.” @jadesai #DTCPOD“Product customization or monogramming can help boost brand loyalty.” @jadesai94 #DTCPOD“A lightly discounted bundle of complementary products can boost your average order value.” @jadesai94 #DTCPODWe Speak About:[00:57] Defining ROAS[02:34] How to calculate your break-even ROAS [04:34] The importance of discounts[06:14] Tips to maximize your ROAS and reach your break-even ROAS doesn’t always paint the full picture, so make sure you check break even ROAS tooWhen building a business, there are many strategies to measure success. The strategy discussed in this episode is break-even ROAS, which gives a business an idea of what their margins are and return on dollars spent.   To make money you have to spend money, and it is important for businesses to measure costs against return value to examine how to maximize profits. Stay tuned as we discuss how to calculate discounts into your break-even ROAS, and other techniques to increase returns on dollars spent. If you’d like to learn more about Trend and our influencer marketing platform for influencers and brands visit trend.io. You can also follow us for tips on growing your following and running successful campaigns on Instagram and LinkedIn.Mentioned Links:More on break-even ROAS: https://marketerhire.com/blog/how-to-calculate-roas
Released:
May 18, 2021
Format:
Podcast episode

Titles in the series (100)

DTC POD is a podcast about all things direct to consumer. We cover everything for starting, growing, and optimizing eCommerce stores and DTC (or D2C) brands. We talk with founders, marketers, platforms, creators and marketing & growth agencies to cover topics like brand building, social media, influencer marketing, website conversion, paid media, Facebook ads, consumer trends, email marketing, and more. If you work in B2C marketing or for an eCommerce store or DTC brand, this podcast is for you.