Search ad conversion rates down, cost per lead up in 2023
Search Engine Land
MAY 15, 2023
It features data on the average conversion rate, cost per lead (CPL), click-through rate (CTR) and cost per click (CPC), compared to 2022. Only two industries (Beauty and Personal Care, Education and Instruction) avoided a decrease in conversion rate from search ads. CTR: 6.11%. Why we care. Conversion rate: 7.04%.
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