What is the best way to calculate ROI for Facebook ads?
Asked 3 years ago
What would be the best way for me to calculate my return on investments for my social media: in particular, Facebook ads? Is there a good ROI for Facebook ads or does it vary from person to person?
Abeeha Qasmi
Sunday, October 31, 2021
ROI for Facebook ads is businesses' revenue through running several online advertisements. On average, Facebook ads convert between 9-10%. This formula will help you estimate your return on advertising spending accurately:
(Money Received – Money Spent)/Money Spent
By calculating your ROI, you can further improve your business strategy and invest your ads budget wisely in promotions and advertising.
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