Social media ROI is calculated by measuring all social media actions that create value, divided by the investment you made to achieve those actions. Calculating tangible returns could be tricky as it involves intangible values like time along with money and other resources. To make it easy, you can use Vaizle’s FREE social media ROI calculator and get a complete overview of your social media returns. It will aid you in making better marketing decisions.

Social media ROI calculator offers marketers a multitude of benefits, including:

• Helps plan better social media marketing strategies.

• Shows measurable impact of your actions.

• Identities which social media efforts give maximum returns.

• Helps allocate your time, money and resources efficiently to get better returns.

To calculate ROI of social media, you can use Vaizle’s social media ROI calculator and get an estimated value on your investment.

There are many tools that can be used to calculate Social Media ROI. But the best and the most intuitive among them is Vaizle’s social media ROI calculator. Here you will get a detailed ROI on your Social Media efforts - without any hassle. 

 

Here are the steps to calculate social media ROI with Vaizle’s ROI calculator:

 

Step 1: Decide whether you aim to generate leads or make direct sales.Accordingly, select that option on Vaizle’s Social Media ROI calculator. 

Step 2: Then, enter the  amount of traffic you are generating from social media.

Step 3: Enter the conversion rate on your website (landing page).

Step 4: Select the “average transaction size for your business

Step 5: Lastly, enter the cost of running your social media campaigns. 

 

Once all the correct values are entered, you will get the accurate ROI on your Social Media efforts.

Social media ROI calculator takes off the burden of wasting endless hours using complicated formulas for calculating social media ROI. Using Vaizle’s Social Media ROI calculator, you can calculate the returns instantly, provided you enter all the required values accurately.

ROI, or Return on Investment in social media, evaluates your gain from your social media efforts compared to the cost of making those efforts. Here’s a simple formula for how to calculate ROI for social media: (Value achieved – investment made) / investment made X 100 = social media ROI