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  • How can digital marketing increase ROI?

    updated 1 week ago 0 Member · 1 Post
  • Neville

    Member
    September 23, 2022 at 3:33 am

    The importance of choosing a good Digital Marketing agency is well known to all of us but does one really understand the value of calculating and anticipating the tentative ROI? We love to get a good return on each buck we invest, but in order to judge the scenario correctly; Return On Investment is the metric you need to know. Analyzing before investing is a must-do in any business. You don’t want to commit all your money to one particular channel, only to witness your cash sink without generating the desired results. So before diving right into the topic, we would like you to have a look at the four of the most popular and profitable, and Effective digital marketing strategies can help you decide where to invest your time and money. Biz Innovision – a digital marketing agency in Greater Kailash, also explained some top tips so that you can implement them in the best way that will maximize your returns. Some Key Facts and statistics: Email marketing gives the best average ROI at a huge 3,700% SEO marketing produces an average ROI of around 2,300%! Business owners who regularly calculate their ROI are 1.7 times more likely to secure budget increases for their marketing activities. The great concept of ROI! ROI is a widely used performance metric to calculate statistics that are used to evaluate and analyze the success of an investment. In simple words, it measures what you are going to get after the amount you are going to invest. For example, you sow some seeds, expecting many flowers to bloom in near future. Here’s your budget/investment the seed and ROI, the flowers. In order to calculate this, all you need to do is subtract the amount you initially invested from the current business revenue to find your net return. You further divide this by the marketing spend before multiplying it by 100. Generally, 5:1 is the ROI ratio that is considered good in the Digital Marketing world, this means you get 5 bucks for each buck. – by /hq/aakashverma_ – –

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