Guides
Working notes on paid media and unit economics. One question per guide, the arithmetic in full, and the mistake it usually hides.
What average CPM looks like by channel, what actually moves yours, and the formula for the highest CPM your funnel can pay before it stops.
Read the guide →A good conversion rate is the one that beats your cost per click divided by contribution per order. The formula, real benchmark ranges, and the traps.
Read the guide →A good ROAS is the one that clears your break-even, which depends on contribution margin. The formula, benchmark ranges, and what inflates it.
Read the guide →POAS measures gross profit per dollar of ad spend, not revenue. The formula, how it differs from ROAS, realistic bands, and where it breaks.
Read the guide →CAC Payback Period: How Long Until a Customer Pays You Back Your blended CAC is $180. Your LTV is $540. That is a 3:1 ratio, which every investor deck files under healthy, and you still cannot cover payroll in month four. Nothing in the ratio is arithmetically wrong. It is simply silent about when the […]
Read the guide →Margin and markup describe the same profit from different bases. The formulas, a conversion table, and the pricing error that quietly erodes profit.
Read the guide →