Roi Calculator Sms Marketing New
ROI calculator SMS marketing
We’ve eliminated hidden fees! With Raange, you only pay a low monthly fee and the cost of sending SMS. That’s It! Plus, enjoy the added benefit of having an account manager to support you every step of the way.
Calculate Your SMS Marketing ROI with Raange
RAANGE is the Marketing Engagement Platform that powers teams to manage SMS marketing campaigns and subscriber acquisition, from one easy-to-use platform.
How Our SMS ROI Works
In a recent SMS marketing campaign, we ran a SMS vs Email case study with a 100-store retail chain with a marketing list of 3,000 contacts and we experienced remarkable results.
The campaign, which cost $150 to run, led to 192 sales conversions, resulting in a substantial $9,000 in sales uplift.
To calculate the Return on Investment (ROI) for this SMS marketing effort, we followed a simple formula. First, we subtracted the total costs of the campaign ($150) from the total revenue generated ($9,000), giving us a net profit of $8,850.
Next, we calculated the ROI percentage by dividing the net profit by the total costs and multiplying by 100. The astonishing result was a 5900% ROI.
This means that for every dollar invested in the SMS campaign, the retailer received an outstanding return of $59 in revenue. Such a high ROI demonstrates the immense potential of SMS marketing to drive substantial sales uplift, making it a highly effective and profitable marketing channel.”
This real-world example showcases the tangible benefits of SMS marketing, highlighting its ability to deliver exceptional ROI and contribute significantly to a business’s bottom line.
