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ROAS Analysis

ROAS Truth: Why Platform Numbers Can Deceive You

Why your ROAS looks good but you're still not making money?

Beginner
15 minutes
2025-07-18
ROAS AnalysisBreak-even PointProfit CalculationCost ManagementAdvertising ROIE-commerce Strategy

Common Problem

Recently, many people have asked me: "Why does my ROAS look good in the ad platform, but when I check my accounts, I don't seem to be making any money, and sometimes I'm even losing money?"

This problem is very common. In fact, you're confusing two concepts: one is the ROAS shown by the advertising platform, and the other is your break-even ROAS. Looking only at the former, you easily fall into a false sense of prosperity, feeling like you have many orders but with thin or even negative profits.

1Is Your Advertising Really Profitable?

First, you need to understand that advertising platforms like Meta or Google only know how much sales revenue you've generated through advertising, but they don't know how much cost you've incurred for this revenue.

Platform ROAS Formula

ROAS = Ad Sales Revenue ÷ Ad Spend

This is just surface numbers, not representing real profit

But your actual profit needs to subtract many costs:

Product Cost
First-mile Logistics
Platform Transaction Fee
Payment Gateway Fee
Packaging Fee
Return Processing Cost

Key Reminder

After subtracting all these costs, what remains is the money that actually goes into your pocket. If this final result is negative, then no matter how high your ROAS is, you're just working for the platform and logistics companies.

2How to Calculate Break-even Point

To solve this problem, we must first calculate an indicator called break-even ROAS. It means what ROAS you need to achieve to break even.

Core Formula

Break-even ROAS = 1 ÷ Real Profit Margin

This is your advertising bottom line

How to Calculate Real Profit Margin?

Real Profit Margin = (Selling Price - All Variable Costs) ÷ Selling Price

💰Example

Selling Price
$100
Product Cost
$30
Logistics & Fees
$20
Real Profit
$100 - $30 - $20 = $50
Profit Margin
$50 ÷ $100 = 50%
Break-even ROAS
1 ÷ 50% = 2

When your ad spend is exactly $50, your ROAS = Sales $100 ÷ Ad Spend $50 = 2. At this point, you break even.

When your ad spend is $25, your ROAS = Sales $100 ÷ Ad Spend $25 = 4. At this point, you make a profit of $50 - $25 = $25. ROAS of 4 is far above the break-even point of 2, which is real profit.

This means your ROAS must be greater than 2 to truly make money!

3ROAS-Based Optimization Strategy

Once you understand the break-even point, you can truly control your business. Based on different ROAS performance, we need to adopt different strategies:

Situation 1: ROAS is Running High

When your ROAS easily reaches 4 or even 5 (break-even point is 2), it means your product has strong competitiveness. At this time, you can test your comfortable pricing range, either by lowering prices to increase conversion rates and order volume, or by raising prices to sacrifice some conversion rate but improve profit margins, ultimately maximizing total profit.

Situation 2: ROAS Near Break-even Point

If ROAS keeps hovering around the break-even point, like 2.2 or 2.3, profits are precarious. At this time, you must optimize from multiple dimensions:

1
Optimize landing pages: Improve conversion rates
2
Review targeting strategy: Adjust audience targeting and budget allocation
3
Create quality content: Improve CTR and conversion rates
4
Test pricing strategy: Increase prices to improve profit margins

The Magic Effect of Price Increase

Raising price from $100 to $110, single order profit increases from $50 to $60, profit margin rises to 54.5%. New break-even ROAS drops to 1.83, making advertising profitability easier!

Remember: Optimization is a continuous process that requires constant testing and adjustment

4Free Tool Recommendation

To help everyone better calculate their break-even ROAS, I've moved my ROAS Calculator to EcomStack.

This tool can help you:

1
Quickly calculate break-even ROAS
2
Analyze the impact of different cost structures
3
Develop reasonable advertising strategies based on ROAS
4
Optimize product pricing decisions

Try It Now

Visit EcomStack and go to the Tools Center to select ROAS Calculator. Use it directly on the site to help you calculate the real return on every advertising investment!

Master the data, make every penny of advertising spend count