Calculate CPA and conversion values for your leads to set KPIs that are profitable and drive growth.
Achieving the best return on investment from your Google Ads campaigns requires more than just clicks and impressions. Understanding the value of a lead and setting key performance indicators with a recommended CPA can transform your advertising strategy. Our calculator is designed to help businesses like yours determine the value of a lead and establish effective KPIs for Google Ads campaigns. Measuring the value of the leads you are driving from your Google Ads campaigns enables you to use Value Based Bidding strategies in Google Ads, which can help drive long-term growth.
Enter the average percentage of leads you generate that result in high quality conversations.
Enter an average percentage of how many of these contacts your reach out to lead to sales.
Enter the average revenue you generate from a sale.
Take the calculator one step further by entering your businesses profit margin to calculate the maximum your CPA can be to break even, as well as figuring out your breakeven Return-on-Ad-Spend (ROAS).
To maximize ROI, it’s crucial to measure various on-and-offline events in your conversion funnel. Different conversions bring different values to your business. Our calculator assists in mapping out your average values for each stage from lead to contact to sale. This insight enables you to effectively use value-based bidding strategies available in Google Ads, such as Maximise Conversion Value or Target ROAS. Value-Based Bidding is something all businesses should test; but at the very least, this calculator will also help you define the ceiling for your Google Ads CPA.
Value-based bidding strategies, such as Maximise Conversion Value and Target ROAS, can significantly improve your ROI by focusing on your most valuable customers. By assigning specific values to your conversion actions, you can guide the Google Ads bidding strategy algorithm more effectively. Value-based bidding (VBB) is a transformative approach for optimising Google Ads campaigns by focusing on the monetary value of conversions rather than simply the quantity.
We understand the need to look at the bigger picture - which a lot of advertising agencies ignore, focussing solely on diving leads regardless of the quality.
At Behaviour Digital, we focus on driving sustainable growth to help your business evolve rather than stagnate. By integrating value based bidding into your business strategy, you can ensure that every penny you spend on advertising is working as hard as possible to grow your bottom line.
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