{"id":22782,"date":"2024-03-14T11:31:45","date_gmt":"2024-03-14T03:31:45","guid":{"rendered":"https:\/\/newsbites.hktdc.com\/?p=22782"},"modified":"2024-03-14T11:48:09","modified_gmt":"2024-03-14T03:48:09","slug":"roas","status":"publish","type":"post","link":"https:\/\/newsbites.hktdc.com\/tips\/financial-management\/roas\/","title":{"rendered":"What is ROAS and its Calculation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"22782\" class=\"elementor elementor-22782\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-99c5641 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"99c5641\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b416993\" data-id=\"b416993\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5cd0c07 elementor-widget elementor-widget-text-editor\" data-id=\"5cd0c07\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As a business owner or marketer, you probably have heard of ROAS, or Return On Ad Spend. You\u2019ve set aside your budget for advertising. But unfortunately, things can happen that your ad campaign is not performing, due to issues like ads not convincing enough, not reaching your target audiences, or spending too much on the ads.<\/p><p>When launching a brand new product or marketing your company\u2019s services, your return on ad spend (ROAS) becomes your advertising compass. <strong>It helps you make every ad penny count, ensuring your budget is effectively allocated.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b45fa14 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b45fa14\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9db44ae\" data-id=\"9db44ae\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-83b00b0 elementor-widget elementor-widget-heading\" data-id=\"83b00b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The ROAS Formula<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ade3f65 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ade3f65\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9dad637\" data-id=\"9dad637\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-51edc29 elementor-widget elementor-widget-text-editor\" data-id=\"51edc29\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>ROAS helps assess campaign effectiveness and profitability:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f227060 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f227060\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-027770a\" data-id=\"027770a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4f4bdfc elementor-widget elementor-widget-image\" data-id=\"4f4bdfc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"630\" height=\"162\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/ROAS-formula.png\" class=\"attachment-large size-large wp-image-22788\" alt=\"\" srcset=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/ROAS-formula.png 630w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/ROAS-formula-600x154.png 600w\" sizes=\"(max-width: 630px) 100vw, 630px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6d15314 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6d15314\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ecf9b0d\" data-id=\"ecf9b0d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6cd9a49 elementor-widget elementor-widget-text-editor\" data-id=\"6cd9a49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For instance, using the ROAS formula, if you invested $2,000 in ads and generated $8,000 in revenue, your result would be 400% or 4:1.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e10b43b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e10b43b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f40755a\" data-id=\"f40755a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0b1ade6 elementor-widget elementor-widget-heading\" data-id=\"0b1ade6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Is a Good ROAS?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-63e486a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"63e486a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e31c3c6\" data-id=\"e31c3c6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2129cf5 elementor-widget elementor-widget-text-editor\" data-id=\"2129cf5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In general,\u00a0the higher the ROAS, the better.<\/p><p>Reaching a ROAS of 1:1 means you\u2019re breaking even, neither making a profit nor losing money with your ads. You\u2019re basically just covering the cost of advertising with the revenue you\u2019re earning.\u00a0<\/p><p>On the other hand, when your ROAS is above 1:1, your advertising makes you more money than you spent. <strong>The higher the ROAS, the better your ads are at making a profit. <\/strong><\/p><p>Lots of businesses try to get a ROAS between 3:1 and 5:1. While there\u2019s no &#8220;right&#8221; answer, <strong>a common ROAS benchmark is a 4:1 ratio.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f0f86e7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f0f86e7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cfe8ea4\" data-id=\"cfe8ea4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a615f04 elementor-widget elementor-widget-image\" data-id=\"a615f04\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/iStock-1392711193-1024x683.jpg\" class=\"attachment-large size-large wp-image-22233\" alt=\"\" srcset=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/iStock-1392711193-1024x683.jpg 1024w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/iStock-1392711193-600x400.jpg 600w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/iStock-1392711193-768x512.jpg 768w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/iStock-1392711193-1536x1024.jpg 1536w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/iStock-1392711193-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Take the benchmark of 4:1 ROAS as a reference.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-10b4bf6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"10b4bf6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f6409cc\" data-id=\"f6409cc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9b37e4a elementor-widget elementor-widget-text-editor\" data-id=\"9b37e4a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It is essential to recognise that the perfect ROAS can differ significantly based on your industry, business objectives, and profit margins. It can also help to benchmark your ROAS to past campaigns that have performed well.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7770051 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7770051\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-708588c\" data-id=\"708588c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c821867 elementor-widget elementor-widget-heading\" data-id=\"c821867\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">ROAS vs ROI vs CPA: Which to Use for Marketing?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5603a8e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5603a8e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-696bf37\" data-id=\"696bf37\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-231bd8f elementor-widget elementor-widget-text-editor\" data-id=\"231bd8f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Each of these marketing metrics tells you something different:<\/p><table width=\"624\"><tbody><tr><td width=\"48\">\u00a0<\/td><td width=\"174\"><p><strong>ROAS<\/strong><\/p><\/td><td width=\"215\"><p><strong>ROI (Return on Investment)<\/strong><\/p><\/td><td width=\"187\"><p><strong>CPA (Cost Per Acquisition)<\/strong><\/p><\/td><\/tr><tr><td width=\"48\"><p><strong>Uses<\/strong><\/p><\/td><td width=\"174\"><p>ROAS means to calculate how much revenue your ads bring in for every dollar spent.<\/p><\/td><td width=\"215\"><p>It considers the complete investment picture, including operational, production, and other expenses, not solely focusing on advertising expenditures.<\/p><\/td><td width=\"187\"><p>It calculates how much it costs to acquire a single customer or lead.<\/p><\/td><\/tr><tr><td width=\"48\"><p><strong>Pros<\/strong><\/p><\/td><td width=\"174\"><p>Helps you decide where to spend your advertising money better by showing which campaigns make you money. It gives a clear picture of <strong>how each campaign is doing.<\/strong><\/p><\/td><td width=\"215\"><p>It gives you a big picture of whether your marketing efforts are making money when considering all the costs. It\u2019s good for seeing the <strong>overall impact on your profits.<\/strong><\/p><\/td><td width=\"187\"><p>Focuses on <strong>how efficiently you get new customers.<\/strong> It helps to check the different cost-effective ways of getting customers.<\/p><\/td><\/tr><tr><td width=\"48\"><p><strong>Cons<\/strong><\/p><\/td><td width=\"174\"><p>Unlike ROI, which includes all expenses, it doesn\u2019t consider things like regular business costs. It only looks at how well your advertising money is used.<\/p><\/td><td width=\"215\"><p>ROI is not as detailed as ROAS, so it might not tell you exactly which campaigns are doing well.<\/p><\/td><td width=\"187\"><p>Doesn\u2019t directly show how much money you make or if you\u2019re profitable. It also doesn\u2019t consider how much money customers may bring in over time.<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-26cbfed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"26cbfed\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-31aad2d\" data-id=\"31aad2d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a68d73 elementor-widget elementor-widget-text-editor\" data-id=\"7a68d73\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Businesses often use a mix of these metrics to get a complete picture of how their marketing is doing.<\/p><h3><span id=\"Watch_out_for_Part_2_of_this_article_in_late_January_where_we_will_talk_deep_into_the_procedures_of_setting_up_your_Business_Checking_Account_criteria_of_a_proper_account_and_so_on\">Watch out for Part 2 of this article in late March, where we will talk more on improving ROAS and its specific uses!<\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7e64320 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7e64320\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a6f230c\" data-id=\"a6f230c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ac92636 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ac92636\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d0bc74a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d0bc74a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eeafcb9\" data-id=\"eeafcb9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e8c8239 elementor-widget elementor-widget-text-editor\" data-id=\"e8c8239\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This article is originally published by <a href=\"https:\/\/aspireapp.com\/blog\/the-meaning-of-roas-and-how-to-calculate-it\" target=\"_blank\" rel=\"noopener\">Aspire<\/a>:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b6602e4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b6602e4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9f344f0\" data-id=\"9f344f0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f16dcaa elementor-widget elementor-widget-image\" data-id=\"f16dcaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/aspireapp.com\/blog\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/elementor\/thumbs\/Logo-Full-qihe921iinliv64n3tdzcorwk1qcr83cdk396pnpx0.png\" title=\"Logo &#8211; Full\" alt=\"Logo - Full\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cbf9f15 elementor-widget elementor-widget-text-editor\" data-id=\"cbf9f15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Aspire is the all-in-one finance platform for modern businesses, helping over 15,000 companies save time and money with international payments, expense management, payable management, and receivable management solutions \u2014 accessible via a single, user-friendly account.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c94a257 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c94a257\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-719005b\" data-id=\"719005b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-49bb3dd elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"49bb3dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7465897 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7465897\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c9a8fb6\" data-id=\"c9a8fb6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e0bb8a elementor-widget elementor-widget-image\" data-id=\"6e0bb8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.hktdc.com\/event\/aor\/en\/form\/aor-form?visitor_type=49&#038;country=&#038;ref_office=&#038;ref_code=LFSE_SLE_2024_Newsbites&#038;reg_link_id=80b9c22a953d6bb7bb2536e191ecfa14e7c7c158d4b8003123ffd7abbc2928bb&#038;ref_source=oo_exh_LFSE_SLE_2024_Newsbites\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"880\" height=\"200\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/2024-LFSE-SLE-NewsBites-880x200Eng-R2.jpg\" class=\"attachment-large size-large wp-image-22789\" alt=\"\" srcset=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/2024-LFSE-SLE-NewsBites-880x200Eng-R2.jpg 880w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/2024-LFSE-SLE-NewsBites-880x200Eng-R2-600x136.jpg 600w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/2024-LFSE-SLE-NewsBites-880x200Eng-R2-768x175.jpg 768w\" sizes=\"(max-width: 880px) 100vw, 880px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7020816 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7020816\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-29dc67a\" data-id=\"29dc67a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8442209 elementor-widget elementor-widget-image\" data-id=\"8442209\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.hktdc.com\/event\/aor\/en\/form\/aor-form?visitor_type=46&#038;country=&#038;ref_office=&#038;ref_code=EFSE_InnoEX2024_NewsBites&#038;reg_link_id=c867bbfcca000135018ea3ce1fe4f52749446cf38b7ca29c97ccc76ea7e388b2&#038;ref_source=oo_exh_EFSE_InnoEX2024_NewsBites\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"880\" height=\"200\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/EFSE-2024-880-X-200.png\" class=\"attachment-large size-large wp-image-22765\" alt=\"\" srcset=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/EFSE-2024-880-X-200.png 880w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/EFSE-2024-880-X-200-600x136.png 600w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/03\/EFSE-2024-880-X-200-768x175.png 768w\" sizes=\"(max-width: 880px) 100vw, 880px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-06a5b34 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"06a5b34\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-96bb8bd\" data-id=\"96bb8bd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b13fbaa elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b13fbaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>As a business owner or marketer, you probably have heard of ROAS, or Return On Ad Spend. You\u2019ve set aside your budget for advertising. But &hellip; <\/p>\n","protected":false},"author":28,"featured_media":22783,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[365,388,4],"tags":[],"class_list":["post-22782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-marketing","category-financial-management","category-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is ROAS and its Calculation - HKTDC Newsbites<\/title>\n<meta name=\"description\" content=\"As a business owner or marketer, you probably have heard of ROAS, or Return On Ad Spend. You\u2019ve set aside your budget for advertising. 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