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The Ultimate Guide to PPC

Hubspot

This is the score that search engines give to your ad based on your clickthrough rate (CTR) — measured against the average CTR of ads in that position — the relevance of your keywords, the quality of your landing page, and your past performance on the SERP. CPM, also known as cost per thousand, is the cost per one thousand impressions.

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Google Ads: The Definitive Guide (2018 Update)

SendX

It takes the following things into account: Clickthrough Rate (CTR). Target CPA: This little dude optimizes your bids to get maximum conversions based on previous behaviour. When you’ve got over 30 conversions in 30 days, you can use this Bidding to further optimize your bid for Acquisitions. And a target CPA.