What are the CTR benchmarks for different industries?
CTR benchmarks can vary significantly by industry. For example, the average CTR for the retail industry is around 2.0%, while the technology sector often sees about 1.5%.
What factors influence these CTR benchmarks?
Factors include the type of ad, target audience, ad placement, and the overall competitiveness of the industry.
Can you provide specific examples of industries with high and low CTR?
Sure! Industries like travel and hospitality often have higher CTRs, around 3.5%, while finance and insurance may have lower CTRs, around 1.0%.
How can I improve my CTR if I'm in a low-performing industry?
You can improve your CTR by optimizing your ad copy, targeting the right audience, using compelling visuals, and testing different ad formats.
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