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Search ad costs rise, conversion rates decline again in 2024

Search Engine Land

The 2024 edition once again features data on the average conversion rate, cost per lead (CPL), click-through rate (CTR) and cost per click (CPC). Industries with big decreases were Finance & Insurance (down 32.40%) and Dentists & Dental Services (down 19.57%). CTR: 6.42%. Why we care. Conversion rate: 6.96%. CPC: $4.66.

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Where Does Pinterest Fit in Your Marketing Mix?

ConversionXL

Even industries like finance can gain traction on Pinterest. Since finance is one of the most competitive and expensive niches on Google Ads , it’s a unique—if challenging—opportunity on Pinterest. They did it by: Focusing on personal finance, which allows them to showcase moving stories of individuals. But it can be done.

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Is click-through rate a valuable SEO metric?

Search Engine Land

The role of click-through rate (CTR) in SEO has been debated for many years. Several industry studies have asserted that CTR is a ranking factor – a claim that’s been ardently denied by many Googlers. Whether it’s a direct ranking signal or not, CTR has its place in SEO. What does CTR mean for SEO?

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How to transform your Google Ads headlines with anti-audiences

Search Engine Land

Example 2: Only for accredited investors In finance, advertising to the right audience isn’t just a matter of efficiency – it’s often a legal requirement. The problem is clicks and click-through rates (CTR) are poor metrics for determining an ad’s effectiveness. Does this mean you should aim for a lower CTR?

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4 Ways to Use Email to Increase Followers and Expand Social Media Reach

Hubspot

Using social sharing buttons in email messages results in a 30% higher click-through rate (CTR) on average, according to a study by GetResponse. Messages with three or more social sharing icons generated a 28% higher CTR than messages with one icon and a 55% higher CTR than messages with no social sharing icons.

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Why Keyword Themes +Modified Broad Match = Winning PPC Strategy

ConversionXL

includes an an immediate reward as a click incentive with “instant approval” on “preferred financing” Multiple ads can be created to call attention to different aspects of the model. According to Google, a good CTR in the search network is one that is above 1%. mentions the specific model, the Focus, twice.

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New report shows Google cost per lead has increased for 91% of industries

Search Engine Land

Industries that saw a decrease in cost per lead are Finance & Insurance (down 2%), and Education and Instruction (down 29%). Since CTR hasn’t changed overall, we can gather that people are still clicking on ads just as much, but since the intent isn’t there, they’re not converting. Making sense of the data.