SEA / Paid Search

ROAS

ROAS (return on ad spend) is the revenue generated per unit of advertising spend.

In detail

Revenue divided by spend. A ROAS of 4 means €4 of revenue per €1 spent — which may still be unprofitable once margin and fulfilment are included.

For lead generation it only works if lead values are realistic.

Example

€10,000 revenue from €2,500 spend is a ROAS of 4.

Why it matters

It is the clearest test of whether scaling spend is justified.

Common mistakes

  • Comparing ROAS against margin-blind benchmarks.
  • Counting the same conversion in several systems.

Related questions

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Related guides

  • The Complete Google Ads & SEA Guide
    Guide

    Paid search from first principles: account structure, keywords and match types, ads, landing pages, bidding, tracking and profitability.

Related terms

  • CPA

    CPA (cost per acquisition) is what you pay, on average, for one conversion.

  • Conversion Tracking

    Conversion tracking records the valuable actions people take after clicking an ad or visiting a page.

  • PPC

    PPC (pay-per-click) is any advertising model where you pay only when someone clicks your ad.

Related questions

  • How much should I spend on Google Ads?

    Work backwards from value, not from a benchmark. If you know what a customer is worth and roughly how many clicks it takes to win one, you know the most you can afford per click.