Question
Topic: Research/Metrics
Source Tracking: How To Analyse Roi
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When a contractor purchases a product from us the first time, we assign him a source if we know where he found out about us.
That's how we work out ROI for our advertising programs (online advertisements, print advertisements, tradeshows, etc).
If they purchase from us a second time, the source of the second sale is the same (source 1).
However, if they purchase a second time, but with a coupon from another source (source 2), how would you work out ROI?
If the sale is $1,000, do you think that source 1 should get $500 and source 2 $500 as well?
If the second sale happens a long time after the first sale, it might make sense to assign $800 to source 2, and only $200 to source 1.
What about the third sale? Would you also split it $500 for source 1 and $500 for source 2.
What would you do? I would appreciate your feedback. Thank you!
Nicolas