marketing

ROAS (Return on Ad Spend)

Revenue generated per dollar of paid advertising. Specifically a paid-media metric.

Definition

ROAS is revenue / ad spend. $5K ad spend producing $20K revenue = 4x ROAS. ROAS is the standard inside ad platforms (Google, Meta, LinkedIn) because those platforms can attribute clicks directly to conversions. Important: ROAS is gross revenue, not profit. A 4x ROAS on a product with 25% gross margin is breakeven. The healthy benchmark depends on the product: high-margin SaaS can scale at 2-3x ROAS, low-margin retail needs 6x+ to be profitable.

In your business

  • Translate ROAS into profit ROI before scaling - 4x ROAS at 25% margin is breakeven
  • Healthy benchmark for B2B service: 4-6x ROAS minimum
  • Track per ad set, not just per channel

Related terms

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