How do I calculate Looksy ROI?
Compare the measured financial benefit during a test period with the Looksy cost for the same period:What should count as measured benefit?
Include only changes you can support with store data:- contribution margin from incremental orders;
- avoided return-processing and shipping costs;
- any other documented savings attributable to the test.
What should count as cost?
Include the Looksy subscription and any additional-credit charges shown for the period. Current monthly prices are:- Starter: $14.99
- Growth: $29
- Scale: $79
A practical measurement process
- Choose a consistent product group and test period.
- Record sessions, orders, conversion rate, return rate, contribution margin, and Looksy cost.
- Compare like-for-like periods or run an A/B test where possible.
- Separate correlation from causation and note promotions, stock changes, seasonality, and traffic-mix changes.
- Calculate a range using conservative, expected, and optimistic assumptions.
How long should I measure?
Wait until the sample is large enough to make the comparison useful. Return-rate analysis also needs enough time for the applicable return window to close. Avoid drawing conclusions from a small number of shoppers or orders.What should I report?
Document:- the test dates and product group;
- traffic and order counts;
- conversion and return-rate calculations;
- contribution-margin assumptions;
- Looksy subscription and usage costs;
- factors that may have affected the result;
- confidence level and next action.
Conversion Tracking
Define events and attribution before evaluating impact.
A/B Testing
Compare a test group with a suitable control.