Designing Permission
For years, much of interaction design has started from a fairly simple premise: the user decides…
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For years, much of interaction design has started from a fairly simple premise: the user decides…
You enter an Instagram profile. There is a photo, a biography, hundreds of followers and followed…
The GPS suggests a route. The analytics system highlights an anomaly. A platform recommends an…
Calculate return, net profit, cost per lead, cost per customer and closing rate to assess whether a campaign genuinely deserves more budget.
It tells you how much return the campaign generates relative to the investment. It is useful for deciding whether to scale, maintain or cut a channel.
Having leads is not enough. If the cost per lead or customer is too high relative to your margin, the campaign is losing quality.
A low close rate may indicate an issue with the channel, offer, messaging or sales follow-up, not just traffic.