In pay per click (PPC) monitoring, several key metrics are crucial to assess the performance and effectiveness of your campaigns. The primary metric is Click-Through Rate (CTR), which measures the percentage of people who click on your ads after seeing them. A high CTR indicates that your ads are relevant and engaging to your target audience.
Cost Per Click (CPC) is another vital metric, showing the cost for each click your ad receives. Monitoring CPC helps in managing the budget efficiently and understanding the competitiveness of the keywords.
Conversion Rate is critical as it measures the percentage of clicks that result in a desired action, such as a sale or a signup. This metric helps in evaluating the effectiveness of the ad in driving conversions.
Quality Score is a Google-specific metric that affects both ad position and CPC. It’s based on the relevance of your keywords, the quality of your landing pages, and your CTR.
Impressions and Cost Per Acquisition (CPA) are also important. Impressions give you an idea of how often your ad is seen, while CPA tells you how much it costs to acquire a customer through the PPC campaign.
Together, these metrics provide a comprehensive view of campaign performance, helping to optimise strategies and allocate budgets more effectively.
Read here for more about PPC monitoring.