Google reps have said that a good click-through-rate for AdWords is between two and five percent. There’s been no official suggestion for an acceptable conversion rate, however. Business2Community recently set out to remedy that oversight by conducting a thorough study of AdWords.
The first problem with such a study is how loosely defined ‘conversion’ is. Not all businesses require a sale to consider a successful conversion. In general, the average search network conversion rate for AdWords in this year’s third quarter was 5.63%. For the Google Display Network, that number dips slightly to 4.68%.
But to truly be able to gauge how well your business is performing with AdWords, you’ll need to look at the industry specific numbers. Follow the link to find the top 10 advertising industries broken down into their specific conversion rates and cost per conversion.
These are not official numbers from Google, but you can consider these a barometer for how well you’re utilizing AdWords.