It might be hard to find the business meaning of the total scorecard index, but for sure, it makes sense to calculate the performance of specific containers. As in the example above, the performance level of the “Customer support” container has two weighted indicators: “Average email respons...
Businesses need to regularly calculate their return on marketing investment for every campaign in order to make informed decisions and optimize marketing efforts. And that’s actually one of the reasons for the emergence of growth marketing. Having an in-depth knowledge of the return on investment...
Calculating year-over-year (YOY) growth is a vital metric for analyzing long-term business performance. Learn how to calculate it in 3 simple steps.
Method 1 – Creating Reference Table to Calculate GPA Create a table with 3 columns and 6 rows. Name the columns as Percentage, Grade, and Grade Point respectively. Enter the Percentage ranges, Grades, and Grade Points as shown in the following picture. Method 2 – Using VLOOKUP Function to...
ROMI compares marketing campaign costs against subsequently generated revenue to calculate the effectiveness of your marketing campaigns. Analyzing ROMI shows which marketing activities work, allowing for efficient marketing resource allocation. Who it’s for Marketing managers How often it’s needed Weekly...
So you need to track CPL, and that means you need to calculate it. Easier said than done, right? Well, not so fast. We’ve created a CPL calculator that’s accurate, accessible, and customizable. Oh, and it’s free. Yes, FREE. And it always will be. ...
One useful way to go about improving your ad performance is to focus on your ROAS. ROAS, or Return on Advertising Spend, is one of the fundamental metrics of the advertising industry. It’s easy to calculate and since it doesn’t take any other costs of doing business into account, it’...
This KPI helps you measure the percentage of users who continue to use your app over a specific period. Tracking how many people stick with your product can let you estimate the long-term success of your mobile app. To calculate the retention rate, use this formula: Retention Rate = (Num...
• What Is Invoicing Process: Everything You Need to Know • Collections Efficiency Index (CEI): What It Is and How to Calculate It • Days Deductions Outstanding: What Is It, How to Calculate It, and More? • Order To Cash (O2C) Process: Everything...
Calculate Current Period Annualized Net Revenue Retained -7,810 -31,240 Net ProfitRetained 7,932 31,728 Now that you have your retention rate, let’s take a closer look at how to calculate it manually with the formula. Customer Retention Rate Formula ...