Question
You have an eCommerce website that has different types of beauty products. Usually, and based on your previous data reports, an average of 100 unique
You have an eCommerce website that has different types of beauty products.
Usually, and based on your previous data reports, an average of 100 unique users visit the website per week, and 10% of these make a purchase, the average order is 15$
You decided to run a campaign for 2 months, and the objective of the campaign is to double your website's unique visitors so you will double your revenue accordingly
In this campaign, you will be posting 1 post per week, and you will be boosting it by paying 10$/month
You met your goal and you doubled the sales for these 2 months
Define your cost for this campaign, you can consider that you need 30 minutes to create and manage a post, and your working hour is worth 20$
Define what your user's visit is worth, and then define the total revenue from this campaign and the total investment as well (Write the method you used to get each one)
Finally, calculate the ROI based on the above numbers
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started