1. Enter campaign recipients
Use the number of contacts targeted by the campaign.
2. Set expected delivery
Apply the likely delivered share after bounces.
3. Enter conversion rate
Use conversions divided by delivered emails for consistency with this model.
4. Add average order value
Use recognized revenue per conversion, not gross merchandise value if your reporting excludes it.
5. Enter total campaign cost
Include attributable creative, platform, media, and service costs.
6. Review financial outcomes
Use revenue, profit, ROI, and revenue per recipient together rather than relying on one metric.