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How to calculate your PPC budget

Work backward from the leads or sales you want, not a number you guessed at.

Quick answerTo calculate a PPC budget, work backward from your goal. Multiply the leads you want by your cost per lead (or estimate it from cost per click and conversion rate). For example, wanting 50 leads at a $40 cost per lead means a roughly $2,000 monthly budget. Adjust for close rate and customer value to check profitability.

The simple formula

Budget ≈ target leads × cost per lead. If you don’t know your cost per lead yet, estimate it: cost per click ÷ conversion rate. A $3 click at a 5% conversion rate is a $60 cost per lead. Then multiply by the number of leads you want.

Check that it’s profitable

A budget only makes sense if the leads turn into profitable customers. Factor in your close rate and average customer value to see the return. Our PPC ROI & ROAS calculator does this instantly: enter a budget, cost per click, conversion rate, close rate, and customer value, and it estimates your clicks, leads, sales, revenue, and ROI.

Related questions

What’s a good starting PPC budget?

Enough to gather meaningful data in your market, often a few thousand dollars a month, but it varies widely by industry and competition.

How do I lower my cost per lead?

Improve targeting, ad relevance, and landing-page conversion so more of your clicks become leads.

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