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Question on ROAS Ranking for Product Categories
Hi all, my clients, a large retailer, prioritize Revenue over everything when looking at the product categories we advertise but still like to see the categories ranked on ROAS. so, to create a way to fairly rank the ROAS and revenue together I was thinking of using ‘Revenue \* ROAS’.
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In this way a product category that had a revenue of 158k but a spend of 4k would have a \~$38 ROAS, but another product that had a revenue of $740k but $63k spend would have a ROAS of \~$12 but would rank higher based on the calculation.
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I just want make sure this method is fine or if there is some better I am not even thinking about.
Thanks for your help!
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