Why Channel-Level ROAS Isn't Enough

"Meta is doing 2.8x ROAS" tells you almost nothing useful. It's an average, and averages hide the thing you actually need to know: which specific ad is earning that number.

Here's the scenario that plays out in almost every ad account we look at. One creative is crushing it at 5x. Three others are limping along at 1.2x, barely covering their own spend. Blend them together and you get a channel average that looks fine, maybe even good. Meanwhile you're burning budget on the losers because nobody pulled the number apart.