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Is Your Advertising Spend Going to Waste? If You Don't Fully Understand This Metric, It Probably Is. Return on ad spend (ROAS) is commonly misunderstood and therefore misused. Here’s why and what you should focus on instead. Previous Article Opus Could be Music to Your Investment Portfolio's Ears Next Article What Will Brazil's New President Do About the Amazon Rainforest? 'Lula' Speaks Out.