Marketing should be something that generates profit. It seems obvious, but it can be difficult to calculate RoI on campaigns. This is why we developed our RoI calculator: it was a simple tool that let you work out what the value of ROMI (return on marketing investment) would be for a campaign.
The problem is that not all campaigns are the same. Visiting a trade show is very different from running an email marketing campaign. And our calculator was a “one size fits all” approach. Not great. So we fixed it!
If you visit the Napier ROI calculator, you can now select the particular campaign type you are running, and get ROI calculations that are tailored specifically for those tactics. Whether you are attending an event, advertising or running an email campaign, the tool will take the results and tell you the ROI, as well as producing other metrics from conversion rate to cost-per-click.
We are huge fans of measuring performance of campaigns, and love to be held to account. This new tool will ensure that you will know how successful your campaign are, and compare them on a like-by-like basis. From working out whether advertising delivers a better return than trade shows to simply making sure you get the standard email marketing calculations for CPM, CPC and CPL right, this tool is going to make your life a lot easier. The tool is even a lot more mobile friendly than before, allowing you to get your RoI calculations on the go.
Our tool was developed in-house by Natasha, one of our digital marketing experts and secret web application developer.
Check our the new Napier ROI calculator and let us know if you’d like to see us add any more capabilities.