Submitted by obyindia • March 21, 2020
www.quora.com
ROI stands for return on investment. social media ROI is the sum of all social media actions thats create a value. After all time, money, and resources put in—what’s the return?
If you need another way to your social media ROI, think about the ratio between gain and cost, which includes things such as:
• Labor
• Training
• Development
• Social media technology
• Agencies and consultants
• Social media advertising budget
• Business overhead
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