Ratios are really important in marketing. Let’s see how they help:
Target Audience: Marketers use ratios to understand who their customers are. For example, they look at the number of men compared to women in a certain age group.
Product Performance: They check sales ratios, like how many products were sold compared to how many ads were shown. This helps them see how well their ads are working.
Budget Allocation: Ratios help decide how much money to spend on different marketing channels. This way, they can make the most impact with their budget.
Ratios are really important in marketing. Let’s see how they help:
Target Audience: Marketers use ratios to understand who their customers are. For example, they look at the number of men compared to women in a certain age group.
Product Performance: They check sales ratios, like how many products were sold compared to how many ads were shown. This helps them see how well their ads are working.
Budget Allocation: Ratios help decide how much money to spend on different marketing channels. This way, they can make the most impact with their budget.