Google Ads Shows Year Over Year Click Cost Increases

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Search Engine Land, one of the pay per click industry’s top online magazines, has just published its statistical data analysis for Google Ads performance. Read the full article online. 

They identified the following information for 2023 vs. 2024. 

Search campaigns:
ROAS up 2% YoY
CPA down 3% YoY
CPC up 22% YoY
Conversion rate up 21% YoY

Performance Max campaigns:
ROAS: Up 1% YoY, from 609.77% in Q3 2023 to 616.36% in Q3 2024
CPA: Up 8% YoY, from $13.92 in Q3 2023 to $15.15 in Q3 2024
CPC: Up 6% YoY, from $0.50 in Q3 2023 to $0.53 in Q3 2024
Conversion Rate: Down 3% YoY, from 3.56% in Q3 2023 to 3.47% in Q3 2024

Shopping campaigns with PMax: 
ROAS up 4% YoY 
CPA down 15% YoY 
CPC down 10% YoY 
Conversion rate up 5% YoY 

What we find is that while most of our advertisers saw modest year-over-year gains in return on ad spend (ROAS) and conversion rates, the rising cost per click cost cut into those improvements. 

For some clients knowing that the cost per click has increased 22% from 2023 to 2024 is not news to them, but to others, seeing the actual data broken down my campaign type may be illuminating.

Although no one likes to have to increase their Google Ads spend budget just to stay competitive, the data points out that ad spend budgets should be reviewed regularly to keep your business competitive in the Google Ads auction. 

For existing clients, we are offering a free analysis in December to plan a 2025 Google Ads spend budget by month; allowing you to compete effectively in this changing landscape. Please let us know to add you to our 2025 budget planning session by December 10th  and receive a free Google Ads budget plan by month.  

If you are not a client yet, you can get a two year analysis and a 2025 Google Ads spend budget by month for $250. Please contact us by December 15th with payment.

New Certifications for Our Team in Digital Advertising

Microsoft Advertising Certified Expert Badge

We are proud to announce that our team has worked hard to receive new Microsoft Advertising credentials- the Microsoft Certified Advertising Expert, the Commerce Certification, and the Retail Media Certification.

You can visit our certification page on our website to view all of the professional certification badges we carry in addition to these newly received credentials.

By studying to receive the Retail Media Certification, we qualified for the new Microsoft Advertising Commerce Certification. This two exam certification is new with Microsoft this year.

The Retail Media Certification is based on the new Microsoft Advertising platform called PromoteIQ. This very innovative approach to brand and consumer advertising is unusual and has tremendous possibilities for brands to advertise on third party sites and leverage additional sales using sponsored banner ads and product listing ads on-site and off-site.

You can learn more about PromoteIQ by visiting the Microsoft Help Desk page on this new innovative product.