LOREAL Sales Officer Interview Questions and Answers for Experienced

ROI stands for Return on Investment. It is a financial metric used to measure the profitability of an investment.

• ROI is calculated by dividing the net profit of an investment by the initial cost of the investment and expressing it as a percentage.

• It helps businesses evaluate the efficiency and profitability of their investments.

• For example, if a company invests $10,000 in a marketing campaign and generates $15,000 in a...read more

ROI formula is used to calculate the return on investment for a particular investment.

• ROI formula = (gain from investment - cost of investment) / cost of investment

• ROI can be expressed as a percentage or a ratio

• Example: If you invest $100 and get a return of $120, the ROI would be (120-100)/100 = 0.2 or 20%

• ROI is a useful metric for evaluating the profitability of an investment

To grow business, focus on building strong customer relationships, expanding market reach, and implementing effective marketing strategies.

• Develop a customer-centric approach by understanding their needs and providing personalized solutions.

• Expand market reach by identifying new target markets and developing strategic partnerships.

• Implement effective marketing strategies such as social media campaigns, content marketin...read more