LinkedIn ROAS

roas

Overview

LinkedIn Return on Ad Spend (LinkedIn ROAS) refers to the LinkedIn-reported conversion value divided by the LinkedIn-reported ad spend.

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LinkedIn ROAS = LinkedIn Ads Conversion Value / LinkedIn Ad Spend

The calculation is based on data from the Ads table.

Detailed breakdown

The formula above is derived from the following components:

Conversion Value (CV) = SUM(conversion_value) --> Ads table
Ad Spend = SUM(spend) --> Ads table
LinkedIn Ads = where channel = 'linkedin'

Insights and Actions

LinkedIn Return on Ad Spend (ROAS) measures the revenue generated per dollar spent on LinkedIn ads, providing a critical metric for evaluating campaign profitability:

  • Evaluate Campaign Profitability: Use LinkedIn ROAS to determine which campaigns deliver the highest revenue for your ad spend, focusing on maximizing ROI.
  • Optimize Budget Allocation: Identify underperforming campaigns with low ROAS and reallocate resources to those with higher profitability.
  • Refine Campaign Strategy: Pair ROAS with metrics like CPA and CV to identify opportunities for optimizing targeting, creative, or bidding strategies.

Related Metrics

  • LinkedIn Conversion Value (CV): Provides the total revenue generated, a key input for calculating ROAS and understanding revenue impact.
  • LinkedIn Ad Spend: Tracks the cost side of the equation, offering insights into the investment required for the reported revenue.
  • LinkedIn CPA: Complements ROAS by showing the cost per acquisition, helping assess efficiency alongside profitability.

Example Use

Prompt

What's my channel-reported LinkedIn ROAS the last 30 days?

Response

Query

SELECT
  pjt.channel AS channel,
  COALESCE(
    SUM(pjt.channel_reported_conversion_value) / NULLIF(SUM(pjt.spend), 0),
    0
  ) AS roas
FROM
  pixel_joined_tvf () AS pjt
WHERE
  pjt.channel = 'linkedin'
  AND pjt.event_date BETWEEN CURRENT_DATE() - 30 AND CURRENT_DATE()  - 1
GROUP BY
  pjt.channel
ORDER BY
  roas DESC;