Skip to Content

How to measure the return on investment of your marketing actions?

The method to transform your campaigns into measurable growth levers
9 April 2025 by
BOSMANS Emmanuel Christian




In an economic context where every euro invested must justify its value,measuring the return on investment (ROI)of your marketing actions is no longer an option, but a strategic necessity.

The goal is not to “know if a campaign worked,” but to identifywhich actions generate real profitability, where to concentrate budgets, and how to improve performance.

A company that manages its marketing without measuring its ROI is navigating blind.

Conversely, an organization that relies on tangible data can refine its actions, enhance its commercial effectiveness, and build sustainable growth.



Why measure marketing ROI?


Marketing ROI is thecompass of commercial performance.

It allows you to determine if your investments generate real value, and above all, to optimize the allocation of your resources.

In practice, measuring ROI allows you to:

  • Identify themost profitable campaigns(and eliminate those that waste your budgets).

  • Adjust your acquisition strategies according to the most effective channels.

  • Justify marketing investments to management or investors.

  • Improve thesynergy between marketing and sales forces, focusing on lead-generating levers.

  • Strengthening competitiveness by adopting adata-driven and results-oriented approach.

Unmeasured marketing is budget spent without learning. Measured marketing is asystem of continuous optimization.



Key indicators to evaluate your marketing ROI


1. Overall ROI is the basis for financial management

The classic formula:

ROI = [(Revenue generated – Campaign cost) ÷ Campaign cost] × 100

A positive ROI means the campaign is profitable; a negative ROI requires a review of the strategy or channel used.

But beware: ROI is not limited to direct revenue.

In industrial B2B, you also need to include:

  • Thelength of the sales cycle, often long.

  • Thedelayed effects(reputation, awareness, loyalty).

  • Theindirect values: nurtured leads, influence on the purchasing decision, market share gained.


2. Customer Acquisition Cost (CAC)

TheCACmeasures how much each new customer acquired costs you, on average:

CAC = Marketing expenses ÷ Number of customers acquired

This indicator reveals the effectiveness of your investments.

A CAC that is too high indicates an ineffective acquisition strategy — especially if thecustomer lifetime value (CLV)is less than this cost.

To optimize CAC:

  • Improve thesegmentationto target high-value prospects.

  • Automate thenurturingto reduce human cost.

  • Simplify yourconversion funnelsto reduce friction.

Goal:reduce costs without reducing lead quality.


3. Customer Lifetime Value (CLV)

TheCLVmeasures the revenue generated by a customer throughout their relationship with the company:

CLV = Average purchase value × Purchase frequency × Customer relationship duration

The ratioCLV / CACis one of the most important indicators of your profitability.

A ratio greater than 3:1 is considered healthy.

In other words, for every €1 invested in acquisition, you need to generate at least €3 in long-term customer value.

To increase your CLV:

  • Develop complementary or recurringoffers.

  • Foster loyalty through proactivecustomer serviceand maintenance or support programs.

  • Automate cross-sell and upsell campaignscross-sell et d’upsell.


4. Conversion rate

Conversion rate = (Number of conversions ÷ Number of visitors) × 100

This KPI measures your ability to turn interest into action (request for quotes, contact, registration...).

A low conversion rate often reveals a problem in themessage, user journey, or offer..

To improve it:

  • Test differentcall-to-action (CTA)..

  • Simplify your forms (fewer fields = more conversions).

  • UseA/B testingto validate your hypotheses.

  • Work on thecopywriting and perceived valueof your pages.

Each optimized conversion point increases your overall ROI.


5. ROAS (Return on Ad Spend)

Specific to advertising campaigns, theROASmeasures the return generated per euro spent on advertising:

ROAS = Revenue generated by advertising ÷ Advertising cost.

A ROAS of 4 means that €1 invested in advertising generated €4 in revenue.

Below 1, your campaign is unprofitable.

To improve ROAS:

  • Target more precise audiences.

  • Exclude unprofitable segments.

  • Test different formats and messages.

  • Optimize the landing pages related to the campaigns.



Methods to measure your ROI


1. Google Analytics and conversion tracking.

Analyze visitor behavior, identify traffic sources that convert, and attribute revenue to each channel.


2. CRM and automation platforms

Tools likeHubSpot, Salesforce, or Pipedriveallow you to track the complete journey of a prospect — from the first click to the sale — and link each marketing action to the revenue generated.


3. Continuous A/B testing

Comparing two versions of the same element (email, visual, landing page) helps to understand what maximizes conversion.

Each test feeds into a learning that improves your future campaigns.


4. Marketing attribution

Attribution helps you understandwhich channels influence conversion.

  • First click: measures the origin of the discovery.

  • Last click: values the last point of contact before conversion.

  • Linear attribution: evenly distributes credit among channels.

    It is an essential approach to redistribute your budgets according to the actual contribution of each lever.


5. Content and social media analysis

Track engagement metrics (clicks, shares, comments, leads generated).

This data reveals the formats and themes that generate the most value for your prospects.



Best practices to maximize your marketing ROI


  1. Set specific goals: define numerical, time-bound targets related to commercial performance.

  2. Optimize your conversion funnels: simplify the steps and eliminate unnecessary friction.

  3. Automate your processes: use automation tools to nurture leads without excessive manual effort.

  4. Continuously analyze and adjust: test, measure, adjust. Marketing is a permanent laboratory.

  5. Adopt an omnichannel approach: align all your touchpoints (website, social media, emails, advertising) to create a consistent and effective experience.



Conclusion


Measuring the ROI of your marketing actions is not just an accounting formality: it isthe foundation of profitable strategic management.

An industrial company capable of measuring the impact of every euro invested can direct its efforts towards value-creating levers.

The secret of a successful marketing strategy rests on three pillars:

  • Asystematic measurementof performance.

  • Acontinuous optimizationof channels and messages.

  • Adata cultureshared between marketing, sales, and management.

By applying this approach, your marketing stops being a cost center: it becomesa measurable and predictable profit center.




The keys to a successful marketing campaign in the industrial sector
How to structure a high-performing, ROI-oriented strategy in a demanding B2B environment?