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Glossary · Performance metrics

Blended ROAS

Blended ROAS is total revenue divided by total ad spend across all channels. It's equivalent to MER, the honest top-down ad efficiency metric.

Formula
Blended ROAS = Total Revenue / Total Ad Spend

What does Blended ROAS actually mean?

Blended ROAS is the same calculation as MER (Marketing Efficiency Ratio): total revenue divided by total ad spend. The two terms are interchangeable; ‘blended ROAS’ is more common in DTC, ‘MER’ in finance contexts.

The usefulness of blended ROAS is that it's observable from your finance system without trusting any platform's reported attribution. Meta, TikTok and Google each report their own attributed ROAS, and usually all three over-count because they overlap on the same conversions. Adding their reported numbers up gives a fictional total. Blended ROAS sidesteps the double-counting entirely.

Most mature DTC brands track both: platform ROAS for campaign optimization, blended ROAS for business health. The gap between them is a useful diagnostic: if reported ROAS is 4× and blended is 1.8×, you're double-counting roughly 50%.

Example

Meta reports 4× ROAS on $30K spend, TikTok reports 3× on $20K, Google reports 3.5× on $15K. Total reported revenue (with double-counting) = $250K. Actual revenue = $180K. Blended ROAS = $180K / $65K = 2.8×.

When it matters

Blended ROAS is the honest ad efficiency number. Platform-reported ROAS is for optimization; blended is for profit.

Related terms

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