A $20M brand was pouring budget into the channel their dashboard crowned the winner. The mix model told a different story, and the real growth lever was sitting starved at the bottom of the report. Here is how to tell whether your marketing is actually working, why your agency and in-house team usually can't answer that, and which third of your budget is doing the work.

Most marketing ROI presentations end in budget cuts because marketers are answering a question their CFO isn't asking. Here's the translation framework, the three questions every CFO is really running in their head, and how to answer all three credibly.