Guide

Marketplace ads metrics conversion table: ACoS, ROAS, Flipkart ROI, Meesho ROI and CPO, Myntra RO, Blinkit ATC (2026)

Every Indian marketplace names the same ratio differently: Amazon says ACoS and ROAS, Flipkart says ROI, Meesho says ROI and CPO, Myntra talks about RO and ROI, Blinkit and the quick-commerce apps report ATCs. ACoS is spend over sales, everything called ROI or ROAS is sales over spend, and CPO and ATC are per-order and per-cart counts. This page is the conversion table with formulas.

ACoS
Ad spend / ad sales x 100 (Amazon)
ROAS, Flipkart ROI, Meesho ROI
Ad sales / ad spend (a multiple)
Conversion
ACoS = 100 / ROAS; ROAS = 100 / ACoS
CPO
Ad spend / orders (Meesho)
ATC rate
Add-to-carts / clicks x 100 (Blinkit, Zepto, Instamart)

The conversion table

The one thing to hold on to: ACoS is the only common metric where lower is better. Everything called ROI or ROAS is the inverse, and higher is better. A Flipkart seller with ROI 5 and an Amazon seller with ACoS 20% are in exactly the same position.

MetricMarketplaceFormulaSame asExample (₹5,000 spend, ₹25,000 sales, 50 orders)
ACoSAmazonspend / sales x 100100 / ROAS20%
ROASAmazon, noon, Blinkit dashboardssales / spend100 / ACoS5.0x
ROIFlipkartattributed revenue / spendROAS5 (Flipkart shows 5, not 400%)
ROIMeeshoattributed sales / spendROAS5
ROI (finance sense)Not used on any panel(sales - spend) / spend x 100ROAS x 100 - 100400%
TACoSAmazonspend / total sales x 100If total sales ₹1,00,000: 5%
CPOMeeshospend / ordersCPC / CVR₹100
CPABlinkit, Zepto, Instamart, noonspend / ordersCPO₹100
ATC rateBlinkit, Zepto, Instamartadd-to-carts / clicks x 100If 600 ATCs on 5,000 clicks: 12%
ROMyntraRelease order: a budget commitment for a periodNot a ratioRO of ₹2,00,000 for the month
CPCAllspend / clicksIf 1,000 clicks: ₹5
CVRAllorders / clicks x 1005%

Quick conversions between ACoS and ROI or ROAS

ACoSROAS / Flipkart ROI / Meesho ROIFinance-style ROI
10%10.0900%
12.5%8.0700%
15%6.7567%
20%5.0400%
25%4.0300%
33%3.0200%
50%2.0100%
100%1.00%

Break-even is the same on every platform once you translate: break-even ACoS equals your margin before ads, and break-even ROAS or ROI equals one divided by that margin. A 25% margin means break-even ACoS 25%, break-even ROI 4.

Platform by platform notes

  • Amazon: ACoS and ROAS both appear in the console; ACoS is the working metric. TACoS (spend over total sales, including organic) is the health number. Attribution is 7 days for Sponsored Products, 14 for Brands and Display.
  • Flipkart: ROI is revenue over spend as a plain multiple, so 8 means ₹8 of attributed sales per rupee. Smart ROI campaigns take a target in this unit. Attributed sales include direct and indirect orders inside Flipkart's window. See the ROI in Flipkart Ads glossary page.
  • Meesho: ROI is the same definition as Flipkart's, and ROI Plus campaigns take a minimum ROI as the target. CPO, cost per order, is spend over orders, and is also CPC divided by conversion rate.
  • Myntra: RO is a release order, the budget commitment a brand signs for a period of PLA or banner spend; it is money, not a ratio. Myntra reports return on that spend as ROI or ROAS in the usual sales-over-spend sense. PLA credits are the pre-allocated spend under an RO.
  • Blinkit, Zepto, Swiggy Instamart: dashboards show impressions, clicks, ATCs (add-to-carts), orders, ROAS and CPA. ATC rate is add-to-carts over clicks and is the leading indicator because a cart on a quick-commerce app converts within minutes. Banner ads are bought on CPM.
  • noon: ROAS and CPC in AED or SAR; the same formulas apply, and a break-even ROAS converts in the same way.

Converting a target from one platform to another

Because ROAS, Flipkart ROI and Meesho ROI are the same ratio, a target transfers directly. If Amazon ads run at ACoS 22%, the same efficiency on Flipkart is ROI 4.5 and on Meesho ROI 4.5. What does not transfer is break-even: commission, shipping and return rates differ, so a 30% margin on Amazon may be 22% on Meesho for the same product, and the break-even ROI moves from 3.3 to 4.5.

Worked example: a seller runs ₹40,000 a month of Amazon ads at ACoS 25% (ROAS 4), ₹25,000 of Flipkart PLA at ROI 5 and ₹8,000 of Meesho ROI Plus at ROI 3.5. In one unit: ROAS 4.0, 5.0 and 3.5. With margins before ads of 30%, 25% and 20%, break-even ROAS is 3.3, 4.0 and 5.0. So Amazon and Flipkart are profitable on ad orders and Meesho is not, even though Meesho's number looks close to Amazon's.

This is the comparison BlooprintAI's cross-marketplace dashboard is built for: Amazon and Flipkart spend, sales, ACoS and ROAS in one table with the same definitions, plus Excel export, so targets are set in one unit. Myntra, Meesho, Blinkit, Swiggy Instamart, Zepto and noon ads are marked coming soon.

Common mistakes when translating

  • Reading Flipkart ROI 5 as 5% and panicking, or as 500% and celebrating. It is 5x, which is ACoS 20%.
  • Comparing Amazon ACoS on 7-day attribution with Flipkart ROI on Flipkart's window; the definitions match, the windows do not.
  • Treating Meesho CPO as comparable across products with different prices. CPO ₹40 is fine on a ₹349 product and ruinous on a ₹99 one; convert to ROI first.
  • Using Myntra's RO amount as if it were a return. It is the budget.
  • Judging a Blinkit campaign on ROAS in week one when ATC rate is the number that moves first.

Glossary and calculators

Frequently asked questions

What is ROI in Flipkart ads compared with ACoS?

Flipkart ROI is attributed revenue divided by spend, shown as a multiple. It is the inverse of ACoS: ROI 5 equals ACoS 20%, and ACoS = 100 / ROI. It is the same ratio Amazon calls ROAS.

Is ROAS the same as ROI?

On Flipkart, Meesho and Myntra panels, yes: ROI there means sales over spend, which is ROAS. In the finance sense ROI is (sales minus spend) over spend, which is ROAS minus one. No marketplace panel uses the finance sense.

What is CPO in Meesho ads?

Cost per order: ad spend divided by orders attributed to the ads. ₹2,000 spend for 50 orders is a CPO of ₹40. It also equals CPC divided by conversion rate.

What is ATC in Blinkit ads?

Add to cart. Blinkit, Zepto and Instamart dashboards report ATCs alongside clicks and orders; ATC rate is add-to-carts divided by clicks and is the earliest sign a quick-commerce campaign is working.

What is RO in Myntra ads?

A release order: the budget a brand commits for a period of Myntra advertising, against which PLA credits and banner spend are allocated. It is an amount, not a performance ratio.

How do I convert an ACoS target to a Flipkart ROI target?

Divide 100 by the ACoS. ACoS 25% is ROI 4; ACoS 15% is ROI 6.7. Then re-check break-even on Flipkart, because commission and return rates differ from Amazon.

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