Graybeard
Well-Known Member
In finance, return on invested capital (ROIC), is a ratio used to measure the
profitability and value-creation potential of your cash on cash expenditure.
profitability and value-creation potential of your cash on cash expenditure.
- In affiliate marketing your costs need to be included as follows:
- Include the cost of your website and servers
- as well as any software used including tools such as trackers,
- VPNs,
- virtual phone numbers,
- virtual credit cards,
- other miscellaneous spending too.
- Then include all paid advertising,
- search engine optimization costs paid for software tools and SEO 'experts' you pay cash to,
- and as well other services that you buy.
The formula is: (Your Annual Gross Income / The hours you actually work)
So let's say your time is worth just $20.00 an hour --Add that project time total to find your real ROIC + (T [time])
This is why ROI is very limited to being a comparative value.
So, is what you do worth your time or not?
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