The D2C Contribution Margin Playbook: What ROAS Won't Tell You
Learn how to calculate CM2 and CM3 — the real profitability metrics every D2C founder needs beyond ROAS.
ROAS is a lie your agency tells you. Real profitability lives in contribution margin — after COGS, ad spend, logistics, returns, and marketplace fees. This guide breaks down exactly how to calculate CM2 and CM3 for any ecommerce business, with real India-specific numbers.