Return On Investment Calculator takes a rational, scientific approach to establishing realistic goals for a "successful" ad campaign. It starts by involving the client in the outcome. In a pre-campaign meeting with the client, you jointly determine:
FREE (one station)
$12.95 (8 stations)
 |
The advertising dollars to be invested |
 |
The percentage of return desired on his investment |
 |
His profit margin (not to be confused with markup) |
 |
The amount of his average sale |
 |
His closing ratio (out of 10 customers, how many make a purchase?) |
Armed with these figures, the Return On Investment Calculator determines how many sales and how many prospects the campaign must deliver in order to be a success. In one example, in order to generate a 20% return on his ad investment, the campaign needs to attract only 29 customers! Our fictitious station has a cumulative audience of 100,200 listeners per week. This means only 0.028692 percent of the audience needs to respond to his message (less than 3/100th of a percent)!
Your closing question: "Do you feel that when our 100-thousand listeners hear your ad message, at least 29 of them will find it compelling enough to come shop your store?" If the client says "no" to that question, he understands the problem is his offer -- not the medium he is using.
Crunching the Numbers
Return On Investment Calculator is a powerful tool. This version includes the ability to accept cumulative audience figures for up to eight stations (free version allows only one station). Only stations you select will appear on the client's printed analysis.
Click on a thumbnail for an enlarged view
FREE (one station)
$12.95 (8 stations)