What is CPL?

CPL (cost per lead) is what one inquiry or contact costs you in ads.

For services, ads bring inquiries that still need to be turned into jobs. That is why CPL must be compared with break-even CPL, which includes your close rate.

Cheap leads that never close are expensive in the end.

Formula

CPL = ad spend / leads

Example

You spend 500 EUR and get 20 inquiries. CPL is 25 EUR.

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