Search ad conversion rates down, cost per lead up in 2023
Search Engine Land
MAY 15, 2023
Paid search advertising conversion rates have decreased across nearly all industries year over year. That’s according to a new 2023 search advertising benchmark report from LocalIQ’s WordStream. Conversion rate: 7.04%. CTR: 6.11%. CTR increased for all but two of the industries, according to the report.
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