Remove Advertising Benchmark Remove Cost Per Click Remove CTR Remove ROMI
article thumbnail

How to Train Your Media Planning AI (The Right Way)

Bionic

If you’re not using the same IDs as others, there’s no way to leverage data outside your organization, nor measure your performance against industry benchmarks. To leverage industry data, you’ll need access to a directory of industry standard identifiers, such as vendor ID, program ID, and product ID.

article thumbnail

How to Define & Measure Social KPIs – Part 4

Valasys

Cost per Conversion (CPC): The aim of an advertising campaign on LinkedIn doesn’t end with conversions but the fact that what the prospects do after getting converted also matters. The cost per conversion is the measure of the average amount of money invested in converting a prospect through the LinkedIn advertising campaigns.

article thumbnail

How to Define & Measure Social KPIs – Part -1

Valasys

Click-Through-Rate (CTR): The Click-Through-Rate (CTR) is the total number of clicks on the posts divided by the total impressions & the fraction multiplied by 100. Defining a standard CTR is tough as it varies for several industries. is healthy (Source: Hootsuite.com).