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How can I calculate my breakeven ROAS?

You need to know your numbers. To calculate your breakeven ROAS, you need to take all your production costs into consideration: shipment, manufacturing, materials, etc. These are referred to as the costs of goods sold or COGS. 

Then, you need to calculate your profit margin:

Profit margin = Product selling price - COGS (cost of goods sold)

Finally, to calculate the breakeven ROAS, you can follow this formula:

Breakeven ROAS formula

Usually, you want your campaigns to have a higher ROAS than your breakeven point.

Why can’t I see the other ad accounts I manage as a team member?

You are only granted access to ad accounts by the workspace owner and to ad accounts the workspace owner has connected. If you want to manage your own ad accounts in Madgicx, you must purchase a Madgicx plan.

Can I create another workspace?

As a workspace owner, you can’t create a second workspace. You can add more ad accounts to Madgicx and assign access to the relevant team members within your existing workspace. If you are an advertiser, you can only create a new workspace by purchasing a new Madgicx subscription.

Can I change the language in the Business Dashboard?

If you want to change the name of any widget in your Business Dashboard, click on the widget, and switch to the "Appearance" tab on the left-side menu. there, you may edit the title and subtitle as you wish.

For example:

You may also add custom text widgets in any language you wish by selecting the custom text widget on the left-side menu:

Can I share the Business Dashboard automatically?

At this stage, we don’t have a feature to automate the sharing of the Business Dashboard on email. You can easily generate a public link to the Business Dashboard, where anyone can view it and see the data in real time. We recommend familiarizing yourself with the One-Click Report features so you can fully utilize this tool to your advantage.

I have an error message in the Business Dashboard. What should I do?

Refresh the relevant account by clicking the settings cog “⚙️“ at the top right of the page and then the refresh button in the image below. The data will load after a few moments.

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