ROI

Return on Investment; The total profit you see come into your store compared to the investments you’ve made for growth

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Return On Investment = Total Profit / Advertising Costs

(Profit = Gross Sales - Product Costs - Discounts - Refunds)

ROI tells you the amount of profit you're earning for every dollar you spend on ads. In Peel, if you don't have product costs in place, then it is net sales / advertising costs.

Improving ROI is all about sourcing products strategically, in order to bring them in at advantageous costs while selling them for a solid profit margin.

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ROI (New & Returning)

Return On Investment (New) = Total Profit / Advertising Costs; specifically for customers making first-time purchases

Return On Investment (Returning) = Total Profit / Advertising Costs; specifically for customers making repeat purchases