Blog / Analytics

Media Buying KPIs: Beyond CTR and CPM

The numbers that decide whether a campaign makes money: EPC, ROI, CR by stage, cost per conversion and the reports that show them.

Why CTR and CPM are not enough

CTR and CPM describe the ad, not the business. A creative with a great CTR can attract curious clickers who never buy. The metrics below tell you whether money comes back.

The core metrics

MetricFormulaWhat it tells you
EPCrevenue ÷ clicksWhat one click is worth. Compare it to CPC.
ROI(revenue − cost) ÷ costWhether to scale, fix or cut.
CRconversions ÷ clicksHow well the funnel converts.
CPAcost ÷ conversionsWhat a conversion costs you versus its payout.
Approval rateapproved ÷ all leadsOn lead offers, how much of the revenue is real.

The break-even rule is simple: a source is profitable when EPC is above your cost per click. Everything else is about finding where it is and is not.

Read the funnel stage by stage

With a pre-landing or landing page in front of the offer, measure each step: landing CTR (visitors who click through to the offer), offer CR and approval rate. A drop at one stage points at one page; a drop overall points at traffic quality.

Mind the conversion date

Lead and deposit offers convert days after the click. Reporting by click date shows what a day of traffic eventually earned; reporting by conversion date shows the money that arrived that day. Use click date to judge sources and conversion date to reconcile with the network.

Reports that answer real questions

  • Source → placement → creative: group a report three levels deep to find the exact combination that pays.
  • Sub-IDs: pass placement, creative and ad set IDs as sub parameters and break results down by any of them.
  • Custom metrics: define your own formulas, such as profit per lead or ROI after approval.
  • Costs: pass the cost per click in the URL or connect ad accounts so ROI is always current.
Review ROI per placement weekly, not per campaign. Campaign averages hide the placements that lose money.

Try it on your own traffic.

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