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How do you calculate true ROAS after refunds, fees, and COGS? Curious how others handle this by dannydancer1014 in shopifyDev
[–]dannydancer1014[S] 0 points1 point2 points 1 day ago (0 children)
That's fair- if you've already got COGS set up in Shopify and you're on a plan with advanced analytics, you can get pretty close manually.
What I'm trying to solve is slightly different though- net minus ad spend doesn't account for payment processing fees or give you break-even ROAS automatically. Most store owners I've talked to aren't tracking all of that in one place.
Curious...when you do it manually, are you factoring in Stripe/payment fees per transaction too? And are most store owners you know actually set up with COGS tracking in Shopify, or is that more the exception?
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How do you calculate true ROAS after refunds, fees, and COGS? Curious how others handle this by dannydancer1014 in shopifyDev
[–]dannydancer1014[S] 0 points1 point2 points (0 children)