{"id":314,"date":"2016-09-02T14:00:54","date_gmt":"2016-09-02T13:00:54","guid":{"rendered":"https:\/\/www.feverbee.com\/roi\/?p=314"},"modified":"2023-04-07T09:47:27","modified_gmt":"2023-04-07T09:47:27","slug":"calculating-the-profit-generated-by-community","status":"publish","type":"post","link":"https:\/\/www.feverbee.com\/roi\/calculating-the-profit-generated-by-community\/","title":{"rendered":"Calculating the Profit Generated By Community"},"content":{"rendered":"<section class=\"content standard\"><div><\/p>\n<p><aside class=\"\"><\/p>\n<h1>14<\/h1>\n<h2>Calculating the Profit Generated By Community<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7\" src=\"\/wp-content\/uploads\/sites\/2\/2016\/09\/sponsored-by-sap.png\" alt=\"Sponsored by SAP\" width=\"113\" height=\"65\"><\/p>\n<p><\/aside><\/p>\n<p><article class=\"\"><\/p>\n<h3>The difference between the return and profit is obvious; one includes costs and the other doesn\u2019t.&nbsp;Far too often, community professionals ignore the costs of community when explaining the profit a community has generated.<\/h3>\n<p><div class=\"tweet\">\r\n\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=Too+often%2C+community+professionals+ignore+the+costs+of+community+when+explaining+the+profit+a+community%27s+generated&amp;url=https:\/\/www.feverbee.com\/roi\/calculating-the-profit-generated-by-community\/\" target=\"_blank\">\r\n\t\t<h3>Too often, community professionals ignore the costs of community when explaining the profit a community's generated<\/h3>\r\n\t\t<span class=\"tweetButton\">&nbsp;<\/span><p class=\"tweetLink\">Click to Tweet<\/p>\r\n\t<\/a>\r\n<\/div><\/p>\n<p>Once we know the return, we simply need to subtract the investment by year to get a profit. This means we need to calculate the investment by year. This should be updated at least on an annual basis. Once we have these figures, we can easily determine the profit generated by the community by year, as shown below.<\/p>\n<p><a href=\"\/wp-content\/uploads\/sites\/2\/Screenshot-2016-08-08-19.19.28.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-426 screenshot\" src=\"\/wp-content\/uploads\/sites\/2\/Screenshot-2016-08-08-19.19.28.png\" alt=\"screenshot-2016-08-08-19-19-28\" width=\"1048\" height=\"279\"><\/a><\/p>\n<p>Here, we can see the profit for the first year is $99,857. However, don\u2019t confuse profit with the return on investment.<\/p>\n<p><\/article><\/p>\n<p><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-314","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.feverbee.com\/roi\/wp-json\/wp\/v2\/posts\/314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.feverbee.com\/roi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.feverbee.com\/roi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.feverbee.com\/roi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.feverbee.com\/roi\/wp-json\/wp\/v2\/comments?post=314"}],"version-history":[{"count":0,"href":"https:\/\/www.feverbee.com\/roi\/wp-json\/wp\/v2\/posts\/314\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.feverbee.com\/roi\/wp-json\/wp\/v2\/media?parent=314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.feverbee.com\/roi\/wp-json\/wp\/v2\/categories?post=314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.feverbee.com\/roi\/wp-json\/wp\/v2\/tags?post=314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}