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Return on Marketing Investment (ROMI) is a metric used to measure the effectiveness of a company's advertising and marketing efforts. It is calculated by dividing the total revenue generated by a marketing campaign by the total cost of the campaign. ROMI is used to assess the profitability of a marketing campaign and to compare the performance of different campaigns. It is an important tool for marketers to determine the most effective strategies for their business.
ROMI is used by companies of all sizes, from small businesses to large corporations. Companies use ROMI to measure the success of their marketing campaigns and to optimize their marketing budgets. It is also used to compare the performance of different marketing channels and to identify areas for improvement.
Some companies in the ROMI market include Google, Facebook, Microsoft, Amazon, and Apple. Show Less Read more