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Search ad conversion rates down, cost per lead up in 2023

Search Engine Land

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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Facebook Ads 2024 data: Clicks and conversions up, costs down

Search Engine Land

By the numbers: Average click-through rate for lead campaigns: 2.53% (up from 2.50% in 2023) Average cost per click for lead campaigns: $1.88 (down from $1.92) Average conversion rate for lead campaigns: 8.78% (up from 8.25%) Average cost per lead: $21.98 (down from $23.10) Why we care. Between the lines.

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Free trial vs. demo: What’s more effective in B2B SaaS ads?

Martech

The experiment The Obility team looked at 11,286 responsive paid search ads that ran between January 2023 and August 2024. The results Among the findings: A demo CTA generally drew a higher conversion rate, but the free trial call to action drove a higher click-through rate (CTR). The ads offered either a free trial or a demo.

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Google Ads broad match: What the data reveals for PPC marketers

Search Engine Land

“Broad match gives you the most relevant reach and conversions within your performance goals.” – Google Marketing Live 2023 This is how Google describes broad match in their Google Marketing Live 2023 recap. Phrase match is the worst performing match type with a slight exception for CTR Poor phrase match. Wait, what?

CTR 98
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How to analyze Performance Max search terms insights for PPC success

Search Engine Land

Performance Max campaigns have become incredibly popular among PPC advertisers due to their automation and simplicity. Without this data, optimizing Performance Max campaigns has been limited. Script developers, myself included, immediately built scripts and automations using this new search terms data for Performance Max campaigns.

CTR 117
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Beware of anti-SEO studies that misguide your marketing strategy

Search Engine Land

Google Trends shows a 41% decrease in brand search volume for “SparkToro” in 2024 from 2023. The site could then create an integrated PR and SEO campaign to help corporate PR or communication professionals find audiences related to their target publications. Last-click conversion rate of 5%. 300,000 monthly searches.

CTR 98
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Level up your video game ad strategy: A guide to measuring success

Search Engine Land

This is the fifth article in our series on why video game advertising is a huge opportunity for brands in 2023. Measuring impressions can give you an idea of the reach of your video game ad campaign. Click-Through Rate (CTR) Click-through rate (CTR) measures the number of clicks an ad receives divided by the number of impressions.

Gaming 82