Hi Guys,
For those of you who advertise on google, yahoo and bing, how do you go about monitoring your conversions and true ROI?
I have analytics set up (conversions too) but I find that the only way to truly see if I'm profitable or not is to review every order, check the referrer, and create a tedious spreadsheet that I manually update daily to monitor referrer, clicks, cpc, ad costs, orders, revenue, COGS and net profit.
Analytics is a little deceiving unless you know who sponsors all the referrals, and also it doesn't take into account phone orders.
I'm just curious how you handle the data nightmare.
Thanks!
~ Al