{"id":23781,"date":"2023-02-13T00:00:00","date_gmt":"2023-02-13T00:00:00","guid":{"rendered":"\/uncategorized\/key-facebook-advertising-metrics-you-should-know-meta-analytics-glossary-2024\/"},"modified":"2026-03-29T22:16:52","modified_gmt":"2026-03-29T22:16:52","slug":"key-facebook-advertising-metrics-you-should-know-meta-analytics-glossary-2024","status":"publish","type":"post","link":"https:\/\/goodads.ai\/blog\/key-facebook-advertising-metrics-you-should-know-meta-analytics-glossary-2024","title":{"rendered":"Key Facebook Advertising Metrics You Should Know &#8211; Meta Analytics Glossary 2024"},"content":{"rendered":"<p id=\"\">Also check out our <a id=\"\" href=\"https:\/\/socioh.com\/blog\/wtf-is-accrual-anyway-your-post-ios-guide-to-attribution-terms-2023\">guide to Attribution terminology<\/a> (accrual vs cash, conversion lift, etc.)<\/p>\n<p id=\"\">\u200d<strong id=\"\">\u200d<\/strong><\/p>\n<p id=\"\"><strong id=\"\">AOV (Average Order Value)<\/strong><\/p>\n<p id=\"\">The average dollar value of orders that were attributed to the ad.<\/p>\n<p id=\"\"><span class=\"low-highlight\" style=\"background-image: linear-gradient(to bottom,var(--white),white 65%,#ffd0ae80 65%,#ffd0ae80); display: inline;\">AOV = Revenue from this ad \/ Total number of transactions credited to this ad<\/span><\/p>\n<p id=\"\"><strong id=\"\">ATC (Add To Cart)<\/strong><\/p>\n<p id=\"\">The number of products that were added to the cart as a result of the ad.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">Bid Cap<\/strong><\/p>\n<p id=\"\">This places a hard limit on the maximum spend on acquiring each customer (CAC).<\/p>\n<p id=\"\"><span class=\"blue-low-highlight\"><strong id=\"\">Example<\/strong><\/span>: If you specify a $50 bid cap, the ad platform will not spend more than $50 on any single conversion from that campaign. This bid strategy gives you the <strong id=\"\">most control<\/strong> over your budget and is more suitable for pro advertisers who have a good understanding of predicted conversion rates.<\/p>\n<p id=\"\">Also see Cost Cap.<\/p>\n<p id=\"\">Learn more about bid strategies <a id=\"\" href=\"https:\/\/socioh.com\/blog\/scaling-with-metas-bid-strategies-using-facebooks-cost-and-bid-campaigns\">here<\/a>.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">CAC (Customer Acquisition Cost)<\/strong><\/p>\n<p id=\"\">How much it costs to get one customer to purchase from this ad. Also known as <strong id=\"\">Cost per Acquisition<\/strong> or <strong id=\"\">Cost per Conversion <\/strong>or <strong id=\"\">Cost per Result <\/strong>(when the objective of the campaign is conversions).<\/p>\n<p id=\"\">A good way to look at this is to measure your CAC against your AOV &#8211; your average order value should be significantly greater than your average CAC. Simply put, the amount a customer spends with you should cover not just the cost of acquiring your customer, but also the production cost, shipping, and other business expenses.<\/p>\n<p id=\"\"><span class=\"low-highlight\" style=\"background-image: linear-gradient(to bottom,var(--white),white 65%,#ffd0ae80 65%,#ffd0ae80); display: inline;\">CAC = Amount spent on this ad \/ Number of customers from this ad<\/span><\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">Clicks<\/strong><\/p>\n<p id=\"\">All clicks on the ad. This includes outbound clicks as well as engagement clicks (zoom-in, likes, comments, etc).<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">Conversion<\/strong><\/p>\n<p id=\"\">The number of times your final goal was completed. For eCommerce ads, this is typically a purchase.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">Cost cap<\/strong><\/p>\n<p id=\"\">The advertiser specifies an average cost per conversion. This gives the ad platform the <strong id=\"\">flexibility<\/strong> to go above your specified budget for some conversion as long as the average conversion cost stays below the cost cap amount. This is probably the better option option if you are not a pro advertiser.<\/p>\n<p id=\"\"><span class=\"blue-low-highlight\"><strong id=\"\"> Example<\/strong><\/span>: If you specify a $50 bid cap, the ad platform may get one sale for $40 and another for $60, but will keep the average cost of acquisition (CAC) at $50.<\/p>\n<p id=\"\"><span class=\"blue-underline\" style=\"border-bottom: 1px solid #2392d0; display: inline;\">Also see Bid Cap.<\/span><\/p>\n<p id=\"\">Learn more about bid strategies <a id=\"\" href=\"https:\/\/socioh.com\/blog\/scaling-with-metas-bid-strategies-using-facebooks-cost-and-bid-campaigns\">here<\/a>.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">CPC\u00a0 (Cost Per Click)<\/strong><\/p>\n<p id=\"\">The effective amount the advertiser pays for each click on the ad.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">CPM\u00a0 (Cost Per Thousand Impressions)<\/strong><\/p>\n<p id=\"\">The amount it costs the advertiser to show the ad 1000 times. This is the standard way of measuring the cost of advertising.<br \/>\nWhile you don\u2019t want your CPM to be too high, remember that very low CPMs may mean that your target audience is too generic. A highly targeted audience with strong purchase intent will typically cost more.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">CTR<\/strong> <strong id=\"\">\u00a0(Click-through-rate)<\/strong><\/p>\n<p id=\"\">The percentage of impressions that resulted in a click. A high CTR shows that the creative is resonating with your audience.<\/p>\n<p id=\"\">However, a high CTR may not always mean higher ROAS, so it\u2019s important to measure your clicks against your conversions. For instance, a provocative or funny ad may attract clicks but no purchases.<\/p>\n<p id=\"\"><span class=\"low-highlight\" style=\"background-image: linear-gradient(to bottom,var(--white),white 65%,#ffd0ae80 65%,#ffd0ae80); display: inline;\">CTR = Number of clicks \/ Number of impressions<\/span><\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">Frequency<\/strong><\/p>\n<p id=\"\">The average number of times each shopper saw the ad.<\/p>\n<p id=\"\">For <span class=\"blue-low-highlight\">retargeting<\/span> ads, a good frequency is 1-2 per day. (When checking this, do make sure that you are looking at the correct time window. It\u2019s easy to accidentally see 14 frequency in a 7 day window and mistake it for 14 per day when it would actually be 2 per day).<\/p>\n<p id=\"\">For <span class=\"blue-low-highlight\">prospecting<\/span> , the frequency should be below 2 for any date range that you\u2019ve selected.<\/p>\n<p id=\"\">Frequency = Total impressions \/ Total reach<\/p>\n<p id=\"\"><strong id=\"\">Impressions<\/strong><\/p>\n<p id=\"\">The number of times an ad was served.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">Outbound Clicks\u00a0<\/strong><\/p>\n<p id=\"\">Clicks to an external landing page.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">Reach\u00a0<\/strong><\/p>\n<p id=\"\">The number of unique people who have viewed the ad.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\"><strong id=\"\">ROAS (Return On Ad Spend)<\/strong><\/p>\n<p id=\"\">This measures the amount of revenue earned for every dollar spent on this ad.<\/p>\n<p id=\"\"><span class=\"low-highlight\" style=\"background-image: linear-gradient(to bottom,var(--white),white 65%,#ffd0ae80 65%,#ffd0ae80); display: inline;\">ROAS = Revenue Earned \/ Total Ad Spend<\/span><\/p>\n<p id=\"\">\u200d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A jargon-free glossary for Meta ad analytics.<\/p>\n","protected":false},"author":12,"featured_media":28392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_goodads_case_study_template":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-23781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advertising"],"_links":{"self":[{"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/posts\/23781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/comments?post=23781"}],"version-history":[{"count":1,"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/posts\/23781\/revisions"}],"predecessor-version":[{"id":29070,"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/posts\/23781\/revisions\/29070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/media\/28392"}],"wp:attachment":[{"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/media?parent=23781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/categories?post=23781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodads.ai\/blog\/wp-json\/wp\/v2\/tags?post=23781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}