Measure your daily profit on ad spend

Measure your daily profit on ad spend

Hop Designer

Mayank Verma

Category

Revenue, Marketing

This is a daily report showing your profit on ad spend. It gives you an accurate view into how much money is actually going into your bank account on a daily basis.

Similar to ROAS, the Profit On Ad Spend (POAS) figure is a ratio showing how much profit you’re making for every dollar of ad spend.

Calculations used:

COGS = Cost per item (Shopify) x qty of products sold in that day

Integration(s)

How to use this Hop.

Simply create an Airboxr account and connect your Shopify store to automatically run this export/analysis for your store. If you already have an account, click on the Add to my Collection button above.

  1. Daily Performance Monitoring: The report allows e-commerce stores to monitor their daily performance across various metrics, including the number of users, new users, sessions per user, page views, and pages per session. This daily tracking provides a real-time snapshot of website popularity and user engagement, helping businesses stay informed about fluctuations in traffic.


  2. Purchase Funnel Analysis: The report delves into the various stages of the purchase funnel, from product views to orders. Tracking these metrics gives an idea of user behavior as they progress through the funnel. The product view-to-order conversion rate specifically highlights the effectiveness of the website in converting product interest into actual purchases.


  3. Identifying Drop-Off Points: Tracking metrics at each stage of the purchase funnel helps identify drop-off points where users may abandon their journey. For instance, a high number of product views with a low add-to-cart rate may suggest issues with product presentation or relevance. Identifying these drop-off points enables businesses to address specific challenges and improve conversion rates.


  4. Campaign Effectiveness Assessment: E-commerce stores running marketing campaigns can assess the impact of their efforts by examining the correlation between campaign periods and changes in web traffic and conversion rates. This assessment helps in evaluating the return on investment (ROI) of marketing initiatives and adjusting strategies based on campaign performance.


  5. Trend Identification: Over time, the daily tracking of web traffic and purchase funnel metrics allows e-commerce stores to identify trends and patterns. Businesses can recognize peak days of activity, seasonal variations, and the impact of promotions or events on user behavior.

In This Report

Metrics

  • Facebook Ads Spend

  • Google Ads Spend

  • TikTok Ads Spend

  • Total Ad Spend

  • Total Sales [Shopify]

  • Cost of Goods Sold (COGS)

  • Gross Profit

  • Gross Margin (CM1)

  • Profit On Ad Spend

Grouped By

  • Date

Try this report for your own store.

Connect your Shopify store and automate this report. You will never have to manually work with data again.