What is a good price for clicking on Facebook ads?

The average Cost per click across all industry is about 1.72$, which (for me) is very high.

There are many ways to lower your Cost Per Click.

For example, I am running a campaign which costs me just 1 cent per click.

These are the elements you should test in order to decrease your CPC:

  1. The picture – In Facebook, images are crucial. The right image can instantly increase your ads’ results by 20–30% or more.
  2. The audience – try to show the same ad to another audience. Consider that the wider is your audience, the less clicks you’ll get. Narrowing your audience or niche you’ll be able to deliver a better marketing message that hits the needs and desires of your potential customers.
  3. The placements – some ads can work great on mobile phones but not in desktop newsfeeds. Create different adsets for each placement, in order to understand which ones gets more clicks.
  4. The type of ad – for example, you can test carousel ads or video ads, which generally get more clicks in comparison to single image ads

If you want to learn more about how you can increase your Facebook Ads results, here you are some free resources.

Downloads – Facebook Ads Insider’s Hacks

Tips and Articles – Facebook Ads Blog

Free online course – Facebook Ads University – Powered by LeadsBridge

Good luck!

Here’s a look at how Facebook ad pricing varies in several industries:

Facebook Ads Pricing by Industry

1.Consumer Packaged Goods

CPM → $5.40

CTR→1.72%

CPC→$0.31

2.E-Commerce

CPM→$6.27

CTR→1.56%

CPC→$0.40

3.Gaming

CPM→$3.09

CTR→0.51%

CPC→$0.61

4.Retail

CPM→$6.33

CTR→1.71%

CPC→$0.37

5.Travel

CPM→$7.94

CTR→2.52%

CPC→$0.32

Please don’t take click farm work. It erodes credibility in horrifying ways.

There are plenty of ways to earn an honest dollar on the platform.

Take some time and go through the Blueprint material. Go through Graph Academy.

If you can do that (most folks won’t,) you’ll soon be in possession of a readily marketable skill set with global demand.