AXAL Power B.V. – The best ROI (Return on Investment) of social media channels on product sales
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Universitas Islam Indonesia
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Abstract
This study evaluated the effectiveness of social media platforms (Instagram and LinkedIn) for
AXAL Power B.V., based on engagement rate and return on investment (ROI). The research
incorporates an engagement rate test, such as qualitative interviews with internal and external
stakeholders, and ROI illustration using a simulated campaign budget of €50, estimated from
prior spending.
Findings indicate that high engagement does not necessarily translate to high conversion rates.
Despite Instagram achieving an engagement rate of 36.26% in May, it yielded a negative ROI.
Conversely, LinkedIn, although showing a lower engagement rate of 6.4%, generated an ROI
of 0.42 in March, up from 0.56% in April. These insights suggest that ROI provides a more
accurate measure of performance than engagement alone.
Moreover, interview data revealed that most respondents first discovered suppliers through
professional networks rather than social media platforms. This highlights the importance of
combining digital strategies with relationship-based outreach for B2B marketing success.