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Rob Laporte

Google Ads conversion rates down, cost per lead up in 2023 - 0 views

  • Search ad conversion rates down, cost per lead up in 2023 While CPCs increased, a drop in conversion rates resulted in higher CPLs in the 23 industries analyzed in this report.
  • CPL: $53.52.
  • 91% of industries saw an increase in CPL as well as a decrease in conversion rate, WordStream reported.
  • ...4 more annotations...
  • The average CPL in 2022 was $44.70.
  • CTR: 6.11%
  • The average CTR in 2022 was 5.91%
  • 2023 search advertising benchmarks. Here’s the data, broken down by category:
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