Skip to main content
Back to Comparisons

ROAS vs ROI vs MER vs ACoS

Teams confuse these metrics and optimize the wrong lever. Use this page to pick the right KPI for each decision layer.

Quick answer: use ROAS for channel execution, MER for blended executive visibility, ACoS for Amazon efficiency, and ROI for final profitability decisions.

Metric Definitions

MetricFormulaBest Used For
ROASRevenue / Ad SpendChannel-level performance optimization
ROI(Profit - Cost) / CostBusiness-level profitability analysis
MERTotal Revenue / Total Marketing SpendBlended performance across all channels
ACoSAd Spend / Ad RevenueAmazon-focused efficiency tracking

Quick Conversion Rules

  • ROAS = 1 / ACoS (if ACoS is in decimal form).
  • ACoS = 1 / ROAS.
  • High ROAS can still mean poor ROI if margins are low.
  • MER can hide weak channels because it blends winners and losers.

Decision Framework

  1. Use ROAS for campaign-level bid and budget adjustments.
  2. Use ACoS when managing Amazon Sponsored Products.
  3. Use MER for weekly executive reporting across channels.
  4. Use ROI when deciding whether a program should continue at all.

Run the Numbers

Reviewed by ROAS Tools Editorial Team. Updated February 18, 2026.

Sources and References