Glossary/True ROAS

What is true roas?

True ROAS measures advertising return after accounting for real business costs such as COGS, marketplace fees, seller vouchers, platform-funded discounts, shipping subsidies, and the ad spend itself. Platform ROAS usually measures attributed revenue divided by ad spend, but it may not reflect actual profit.

01/Formula

Formula

True ROAS = (Attributed revenue − COGS − marketplace fees − vouchers − shipping − discounts) / Ad spend

Example

A Shopee campaign reports ROAS of 4.0 (฿40,000 revenue on ฿10,000 ad spend).
Deduct ฿18,000 COGS, ฿4,000 platform fees, ฿3,000 vouchers, ฿1,500 fulfillment.
True ROAS = (40,000 − 26,500) / 10,000 = 1.35 — barely break-even.

02/Why it matters

The trap, in one paragraph.

A 4.0 platform ROAS feels profitable. A 1.35 true ROAS is barely break-even. Sellers who optimize against platform ROAS scale campaigns that are quietly destroying margin. Sellers who optimize against true ROAS scale only what actually grows profit.

03/In DataGlass

How True ROAS is used in DataGlass.

DataGlass reconstructs every ad-attributed order down to the SKU, deducts COGS, marketplace fees, vouchers, and fulfillment, and surfaces true ROAS per campaign, ad group, and keyword. Every recommendation to scale or kill a campaign is judged against this number, never platform ROAS in isolation.

Stop guessing. Start deploying.

Join the sellers using DataGlass to turn shop data into the next profit-maximizing action.