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This spreadsheet has marked data for a website week card.
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The purpose of this example,
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we created ads and marketed them on Facebook,
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Google Search, and Google Display.
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You will use a formula to calculate the cost per click or CPC.
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So, I'm going to go ahead and create a row with that.
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I've put the formula here so you can see how I'm calculating this.
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So, this will be the amount of money that we spend
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on Facebook over the amount of clicks that we got.
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So, we did C3 over C4,
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which is the amount of money spent on the ad over the number of clicks that we got.
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As you can see in this example,
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Google Search and Google Display give us about a dollar of CPC.
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In comparison, Facebook is more than $2.
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Turns out $2 is the average CPC across all industries.
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Again, under this, you want to compare your CPC rates to
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your industry-specific averages to get
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a better gauge of how your ad is performing on each platform.
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