The Finance category facebook ads cost in United States May 2020

The "Finance" is a common category in Facebook advertising. According to ADCostly advertising cost data, "Finance" has 492194130 audience in Facebook. But many people often don't know Finance Facebook ads cost benchmarks, which wastes a lot of money. The following is the Finance category facebook ads cost in United States May 2020.

  • The Finance category average CPC in United States May 2020 is $0.6
  • The Finance category average CPM in United States May 2020 is $6.49
  • The Finance category average CPA in United States May 2020 is $18.5
  • The Finance category average CTR in United States May 2020 is 1.08%

However, some benchmarks can't help us reduce advertising budgets, and advertisers often need more detailed data(Such as Facebook interest list). In order to solve the problem of high advertising costs, ADCostly compiled the following Finance Facebook ads cost report by category to help advertisers make better advertising budget. It is worth mentioning that AdTargeting is a Facebook interest targeting tool. Used together with ADCostly can help you make better ad marketing. If you need more professional information, please check cpm facebook ads and cost per click calculator.

The Finance Category Average CPC in United States May 2020

Category Finance
Average CPC benchmark $0.6 (benchmark)
Gender - Male 5% less than benchmark
Gender - Female 18.33% greater than benchmark
Age - 13-17 48.33% greater than benchmark
Age - 18-24 5% greater than benchmark
Age - 25-34 0% less than benchmark
Age - 35-44 8.33% less than benchmark
Age - 45-54 1.67% greater than benchmark
Age - 55-64 8.33% less than benchmark
Age - 65+ 0% less than benchmark

First of all, PPC advertising is a common way for the Finance category advertising marketing. The Finance category average CPC is $0.6 (benchmark). From the perspective of gender, the average CPC of Female is higher, and its cost is 18.33% greater than the average benchmark. The average CPC cost of Male will be cheaper.

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From the perspective of age, the average CPC cost in the "13-17" range is the highest, and the average CPC in the "18-24" age range ranks second. The two age groups with the lowest average CPC costs are 35-44 and 55-64. In the age range, the older the age, the more cost is spent in advertising, because as the age increases, the number of people using the Internet decreases, and the advertising costs are higher.

# Placement Publisher CPC
1 feed instagram 286.67% greater than benchmark
2 instagram_stories instagram 128.33% greater than benchmark
3 instagram_explore instagram 63.33% greater than benchmark
4 messenger_stories messenger 56.67% greater than benchmark
5 rewarded_video audience_network 5% greater than benchmark

Among all Facebook advertising publishers, Facebook NewsFeed and Instagram are the most popular, but Audience Network and Messenger also have good advertising effects. The above CPC data shows that feed placement cost the most CPC, and the second place is the instagram_stories placement. Facebook provides a total of 16 placements of advertising, and more data can be queried through ADCostly.

Finance Category Average CPM in United States May 2020

Category Finance
Average CPM benchmark $6.49 (benchmark)
Gender - Male 0.31% less than benchmark
Gender - Female 0.46% greater than benchmark
Age - 13-17 140.99% greater than benchmark
Age - 18-24 14.18% less than benchmark
Age - 25-34 0.15% greater than benchmark
Age - 35-44 12.79% greater than benchmark
Age - 45-54 28.81% greater than benchmark
Age - 55-64 24.81% greater than benchmark
Age - 65+ 1.23% less than benchmark

The CPM advertising is charged by the number of impressions, so the cost of CPM advertising will generally be lower than CPC advertising, but the effect may not. 2020 May Finance category average CPM is $6.49 (benchmark). Analyzing CPM data from the gender, the average CPM of Male is lower than Female. Female average CPM is 0.46% greater than average benchmark.

The average CPM cost trend about age is similar to the CPC trend. The average CPM cost in the "13-17" range is the highest, and the average CPM in the "45-54" age range ranks second. The two age groups with the lowest average CPM cost are "18-24" and "65+". Detailed average CPM data of age and gender can be queried by ADCostly.

# Placement Publisher CPM
1 rewarded_video audience_network 159.32% greater than benchmark
2 instant_article facebook 28.97% less than benchmark
3 instagram_stories instagram 7.4% greater than benchmark
4 messenger_stories messenger 146.07% greater than benchmark
5 feed instagram 44.53% greater than benchmark

Among all Facebook platforms, the top five with the highest average CPM costs are rewarded_video, instant_article, instagram_stories, messenger_stories, feed, and their corresponding publishers are audience_network, facebook, instagram, messenger, instagram. The 2021 ad placement cost and strategy can help you make better CPM advertising budget.

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Finance Category Average CPA in United States May 2020

Action Cost Benchmarks
All Actions $18.5
Activate App 91.7% less than benchmark
Install 64.22% less than benchmark
Complete Registration 2.29% less than benchmark
Add to cart 262.23% greater than benchmark
Purchase 66.49% greater than benchmark

Among all actions, Facebook’s average CPA is $18.5. And the average cost of different actions varies greatly. Generally speaking, the cost of "install" and "Activate App" is much lower than that of "Add to cart" . 2020 May Finance category average cost per install is 64.22% less than benchmark. The cost of "Add to cart" behavior is much higher than this. For more details, please check the website facebook app install ads cost and wish dropshipping.

Male Female
All age $4.99 $4.4
18-24 7.82% less than $4.99 7.27% less than $4.4
25-34 1.4% less than $4.99 0.23% less than $4.4
35-44 14.63% greater than $4.99 10% greater than $4.4
45-54 40.48% greater than $4.99 25.45% greater than $4.4
55-64 22.44% greater than $4.99 7.27% greater than $4.4
65+ 23.05% less than $4.99 12.73% less than $4.4

Looking at the CPA data from gender and age, the average CPA for male is about $4.99, and the average CPA for female is about $4.4. There is a big gap in different age ranges. The highest female CPA age range is "45-54" and the lowest is "65+". Males have the highest CPA cost in the "45-54" age group, and the lowest CPA cost in the "65+" age group.

Finance Category Average CTR in United States May 2020

category Finance
Average CTR benchmark 1.08% (benchmark)
Gender - Male 5.56% greater than benchmark
Gender - Female 14.81% less than benchmark
Age - 13-17 225.93% greater than benchmark
Age - 18-24 18.52% less than benchmark
Age - 25-34 0% less than benchmark
Age - 35-44 22.22% greater than benchmark
Age - 45-54 27.78% greater than benchmark
Age - 55-64 37.96% greater than benchmark
Age - 65+ 150.93% greater than benchmark

2020 May Finance category average CTR is 1.08% (benchmark), this is a good click-through rate, if your ad can exceed the click-through rate, then it is developing well. The gender data of CTR shows that the average CTR of Female is lower than Male, so you can get more clicks for Male advertising.

Different from CPC and CPM, the average CTR shows the opposite trend in the age group. The average CTR of "13-17" age range is the highest, and the average CTR of "65+" age range ranks second. The two age groups with the lowest average CTR are "18-24" and "25-34". The younger the age, the higher the click-through rate. This presents a different trend from CPC and CPM.

Placement Publisher CTR
an_classic audience_network 137.96% greater than benchmark
feed facebook 44.44% greater than benchmark
instant_article facebook 736.11% greater than benchmark
feed instagram 19.44% greater than benchmark
messenger_stories messenger 210.19% greater than benchmark

Among all Facebook platforms, the top five with the highest average CTR are an_classic, feed, instant_article, feed, messenger_stories, and their corresponding publishers are audience_network, facebook, facebook, instagram, messenger.

Final Thoughts

2020 May Finance category Facebook ads cost report in United States is over here, hope these data can help you make cost less ad. Of course, if you need to obtain the interest list during Facebook advertising, you can view it in ADCostly's audience report. The advertising cost of each interest can also be viewed on the audience function page. Please check the following websites for more information: turbo ad finder.

The data in this article still doesn't meet your requirements? 2020 Finance category Facebook ads cost report for other months can be viewed here.