Cost Per Click (CPC), also known as pay-per-click (PPC), is a fundamental metric in online advertising. Let’s break it down:
- Definition: CPC measures how much an advertiser pays when a user clicks on an advertisement displayed within a search engine or on a website.
- Calculation: To calculate CPC, divide the overall cost of your ads by the number of clicks your ads received.
- Bidding System: Advertisers set a maximum amount they’re willing to pay for each click. For example, you could bid a maximum of $1 per click. The actual cost varies based on factors like ad quality and relevance.
- Google Ads Example: Google Ads uses a bidding process where you set your maximum bid. The platform then evaluates your bid, ad quality, and other factors to determine the actual cost per click.
- Impact: CPC affects your ad position and overall campaign costs.
CPC allows advertisers to pay only for actual clicks, making it a crucial metric for optimizing ad spend and performance.
Here’s a breakdown of cost-per-click (CPC) pricing for major social media platforms, along with resources to get started:
Facebook:
Instagram:
LinkedIn:
Pinterest:
- Average CPC: $0 – $0.10
- Getting Started Guide: Choosing the Right Social Media Platforms for Targeting Your Buyers
Twitter:
YouTube: