MER vs ROAS: How to Create an MER Target That Actually Means Something
Delivered ROAS is decided by the auction, not by you. Breakeven MER can be derived: 1 divided by contribution margin. Here is the full loop I run against it.

Co-Founder and CEO, Grayvault Consulting
Silver ContributorCraig Graham is the co-founder of Grayvault Consulting, a paid media and attribution consultancy working across e-commerce, lead generation, and healthcare. He has spent 15 years running paid media (Search, Shopping, PMAX, YouTube, Meta/Facebook, ChatGPT, and others) accounts, with a focus on the measurement and account-structure problems that show up once spend gets serious. He works mostly with complex, multi-location and high-spend advertisers, and writes about attribution, experiment design, and the gap between what platforms report and what actually drives revenue.
Writes with Craig Graham
Craig Graham is Founder.
Delivered ROAS is decided by the auction, not by you. Breakeven MER can be derived: 1 divided by contribution margin. Here is the full loop I run against it.
How to design a Google Ads experiment you can trust, choose the goal metric that keeps you honest, and act on a result that comes back inconclusive.