Welcome to the next instalment in our series, where we explore and improve upon each metric within the User Conversion Journey that might be hindering your ad performance.
Till now, we have talked about CPM, CTR, Thumbstop ratio, hold rate and CPC, and in this week’s Baweja Buzz edition, we are going to talk about CPLV (Cost Per Landing Page View).
Here are the links to all of them in case you want to revisit them
CPM: https://sannidhyabaweja.com/decreasing-the-cpm-of-your-facebook-ads-its-possible/
CTR: https://sannidhyabaweja.com/unlock-the-magic-behind-skyrocketing-your-ctr/
Thumbstop Ratio:
Part 1: https://sannidhyabaweja.com/29-reasons-why-your-video-ads-suck/
Part 2: https://sannidhyabaweja.com/66-ways-to-enhance-your-facebook-ads-thumbstop-ratio/
Hold Rate:
Part 1: https://sannidhyabaweja.com/improve-your-hold-rate-improve-your-meta-ads-roas/
Part 2: https://sannidhyabaweja.com/how-to-boost-your-facebook-ads-hold-rate/
CPC: https://sannidhyabaweja.com/mastering-cpc-the-crucial-metric-in-your-facebook-ads/
Now, let’s explore ‘Cost Per Landing Page View (CPLV).’ This metric is vital in understanding if the audience clicking your ads actually makes it to your landing page.
Ever noticed a discrepancy in your dashboard, like 100 link clicks but only 50 landing page views? This scenario is where ‘Cost Per Landing Page View’ becomes crucial. It highlights the efficiency of your ad in leading users all the way through to your landing page.
But why does this discrepancy occur? Mainly for two reasons:
- Accidental Ad Clicks: Sometimes users might click your ad unintentionally.
- Slow Website Speed: If your website takes too long to load, users might lose patience and leave.
Are there other reasons you’ve encountered? I’d love to hear them – just hit reply!
To improve ‘Cost Per Landing Page View,’ especially if you notice a significant gap, consider these strategies:
- Rethink Your Audience Targeting: The issue might lie in the audience segment you’re targeting.
- Boost Your Site Speed: Ensure your website is optimized for quick loading. Only if high CPLV is prevalent across your ads, site speed is likely a contributing factor. Else no!
Ideally, a 20% variance between link clicks and landing page views is acceptable. Anything beyond might indicate an issue, possibly with your audience targeting.
An interesting aspect is ad fraud. Sometimes, abnormal metrics for a few days can hint at bot traffic. So, keeping an eye on this metric can also be a valuable fraud detection tool.
Switching your audience or resetting campaigns often works wonders in rectifying this discrepancy.
I’m always on the learning curve, so if you have insights or experiences to share about this topic, I’d be keen to hear from you.
Let’s keep optimizing and learning together!
Next time, we’ll focus on another critical aspect of your ad strategy.
Cheers to enhanced ad performance!