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The Importance of ROI in Your Business

Lateef
(@lateef)
New Member

Measuring ROI in your business is a very important maintenance step to ensure that your business is progressing according to the goals that you set.

ROI stands for Return On Investment and it is the relationship or ratio of the revenue with respect to the costs according to a time interval. Profit is then the difference between revenue and cost.

In order to boost ROI you must always monitor your sales and customer feedback in order to optimize properly.

To measure ROI you can use some analytic tools like Google Analytics.

Be sure to first set your goals and a timeline as well as frequently checking your analytics to ensure that your business functions smoothly.

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Topic starter Posted : 25/10/2021 10:23 pm
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