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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.

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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).

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How search query length is shifting in the LLM era: Insights for brands

Search Engine Land

With LLMs capable of providing detailed answers, consumers are likely to move away from simple queries (e.g., “car insurance,” “running shoes”) toward more complex, conversational searches (e.g., “How much is car insurance for a 2022 Accord?”). Consumers would still be searching “traditionally.”

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Google’s interest-based ad experiments show ad spend, click-through rates down slightly

Search Engine Land

For conversions per dollar, the decrease was 1-3%. Click-through rates remained within 90% of the status quo. Campaigns using optimized targeting or Maximize conversions bid strategies were less impacted by the removal of third-party cookies, indicating that machine learning can play a significant role in driving results.

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How AI is advancing advertising and changing consumer engagement

Search Engine Land

“Now, we’re in a situation where search through AI, through these new conversational capabilities, can actually not only understand a very complex query but can give us a meaningful reply that actually answers what we’re looking for. “So this is an example within the Microsoft ecosystem of Copilot. “And

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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. Meanwhile, the cost of generating leads through search ads continues to increase, although not as drastically as in prior years. Conversion rate: 7.04%. Why we care. Arts & Entertainment was down 36.2%

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Brands want to invest in ecommerce, so what’s stopping them? by Feedonomics

Search Engine Land

More than 65% of users find short-form videos the most engaging type of content, according to a 2023 Sprout Social report. More than 45% of global shoppers say accurate product descriptions influence them the most when shopping online, according to a 2023 VML study. Copy Special care needs to be given to product listing copy.

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