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Let's do it on our previous spreadsheet.
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So, now we're going to go ahead and calculate the cost per lead.
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To calculate the cost per need,
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we need the total number of leads,
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that were generated from an ad.
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So, I've created a row for total leads,
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and indicated the number of leads we got from each of these three platforms and displays.
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Next, calculate the cost per lead or CPL,
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I'm going to go ahead and put the formula for one copy and copy at the rest.
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So, this is going to be,
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the cost for the ad again over the number of leads,
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and I'm going to go ahead and copy the formula over for the other three.
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So, as we can see,
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Google Search and Google Display cost us between $45 and $48 to get each lead.
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In comparison to Facebook's almost $94,
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it's more expensive to create a lead there based on the ads.
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