revenue generated to the number of new customers engaged
count of campaign-level goals to the revenue generated from ads
revenue generated to the amount spent on advertising
count of total sales to the count of total ad clicks
21. Consider the following scenario:
Imagine that a marketer is working on a digital ad campaign for a single product. They learn that it costs $200 USD in advertising to sell 8 units of a $75 USD product. They apply the formula to calculate return on ad spend (ROAS).
Imagine that a marketing team has a trove of historical data. The team makes data models based on collected browsing histories. They use these models to identify the right audience for a successful campaign early on.
24. A business decides to create a digital media plan. Before they do, they need to define a target audience for the campaign. What media planning step should they take?