← Every exhibit
What does marketing efficiency ratio measure?
| Field | Decision the field controls | Failure when it is hidden |
|---|---|---|
| Revenue numerator | Gross, net, recognized, or collected revenue | Returns, refunds, taxes, or timing can move the ratio |
| Spend denominator | Media only, total marketing, or fully loaded spend | Two teams can report different MER values for the same business |
| Period | Month, quarter, campaign window, or fiscal year | Revenue and spend can be matched to different demand states |
| Currency and unit | EUR, USD, account, region, or consolidated business | A ratio can mix unlike units or exchange-rate treatments |
| Inclusion rule | Brand, performance, influencers, tools, agencies, production, or salaries | The denominator can shrink while the label stays the same |
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Reference & Evidence
Source: Table from this essay. Sources and interpretation are given in the article.
Related exhibits
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The marketing efficiency ratio boundary card
From the essay What is marketing efficiency ratio (MER)? A blended signal, not a causal answer
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What does a MER boundary card look like?
From the essay What is marketing efficiency ratio (MER)? A blended signal, not a causal answer
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What does go-to-market efficiency measure?
From the essay What is go-to-market efficiency? The denominator across growth and capacity