roi-measurement

Vocabulary Word

Definition

'ROI-Measurement' or 'Return on Investment Measurement' is a way to know the worth of your investment. If you spent money on something like an advertising campaign, 'ROI-Measurement' could help figure out if you got more customers (returns) from it than what you spent.

Examples in Different Contexts

In investment planning, 'ROI measurement' is the process of evaluating the efficiency of an investment. An investment planner might advise, 'Our comprehensive ROI measurement process involves analyzing past performance, market trends, and future projections to advise on the best investment strategies.'

Practice Scenarios

Academics

Scenario:

This new engineering program has seen a high placement rate. It's time we evaluate the economic benefits for the students.

Response:

Yes, that makes sense. We can apply ROI-Measurement to highlight the economic value of the degree.

Marketing

Scenario:

Our social media campaign last month got excellent engagement. We need to crunch the numbers to see if it translated into sales.

Response:

Agreed, quantifying the ROI-Measurement will give us a clear picture of the campaign's effectiveness.