COST PER LEAD (CPL) DEFINITION AND FORMULA
Find below the Cost Per Lead (CPL) definition and the correct formula to calculate CPL by eDigital.
Need support measuring or tracking digital marketing metrics, Contact us.
COST PER LEAD (CPL) DEFINITION
Cost per Lead (CPL) Definition: The cost of acquiring a new lead.
COST PER LEAD CPL FORMULA
Cost Per Lead (CPL) formula: Digital Marketing Costs / Total Leads
🔥 Trending > The only digital marketing metrics your boss cares about
WHY COST PER LEAD (CPL) IS AN IMPORTANT METRIC TO MEASURE AND TRACK
- My favourite digital marketing metric.
- I think every Digital Marketer should be accountable for it.
- This is what Digital Marketing should do for your business, create interest in your services or products.
TIPS WHEN CALCULATING, MEASURING AND TRACKING COST PER LEAD (CPL)
- Calculate this CPL per Digital Marketing Channel: SEO, SEM (Adwords), Social Media, Affiliates, Email Marketing, Display Advertising, etc.
OTHER KEY METRICS
- Cost per Acquisition
- What is Return on Investment (ROI) and how to calculate it
- Return On Ad Spend (ROAS)
- Conversion Rate (CR) definition and formula
💌 Join 5k+ subscribers receiving the best marketing tips.
This free article was possible thanks to the significant donations of our readers. When donating, please tell us your story and let us know the marketing topic you would like to learn more about 👍🏼
Final note: Want to reduce customer acquisition costs and dependency on paid media? eDigital‘s marketing strategy training will unmercifully uncover what your marketing sucks at and show you how to build a marketing engine with channels and assets you fully own. The training will stir up lots of thinking and bring new ideas to activate new paths to conversion and boost CLTV effectively.
COST PER LEAD (CPL) DEFINITION AND FORMULA
Mau helps some of Australia’s ASX 200 companies lower customer acquisition costs and dependency on paid media. Mau is one of the most popular marketing consultants offering strategy sessions & workshops. Mau‘s premium Digital Marketing Plan & Social Media Plan templates are used by thousands of marketers
Book Mau for your next Marketing Strategy Day or join 5k+ marketers receiving Mau’s e-newsletter