Skip to main content

«  View All Posts

Google Ads Metrics and Benchmarks for 10 Key Industries

March 21st, 2024 | 3 min. read

By Kim Kovelle

Discover 4 key types of Digital Ads for your business with the free guide.
Download
A hand holds a smartphone showing different industries that can use Google Ads

Google Ads is a potent search engine marketing (SEM) method — and it’s also a daunting one. For every click, you’re typically paying at least a dollar. It can add up. But is it working?

Google Ads is a potent search engine marketing (SEM) method — and it’s also a daunting one. For every click, you’re typically paying at least a dollar. It can add up. But is it working?

That’s where average Google Ads metrics come into play. These benchmarks vary by industry and clearly show whether your SEM is on track or needs recalibrating.
We’ve pinpointed 10 common industries and highlighted key metrics for each one, thanks to the latest from industry data leaders Databoxa and Store Growers.

Get a clean snapshot of what to expect — and feel empowered to make informed adjustments.

FREE GUIDE

Download Your Digital Ads Guide

Learn how digital ads can help your business, including the tools, techniques and strategies to create successful campaigns.

Cost-per-click (CPC) benchmarks

CPC is what you’ll pay for each click on your ad, which is why this SEM tactic is also known as pay-per-click or PPC. It’s crucial for figuring out your budget and cost-effectiveness.

Across the board, the average Google Ads CPC for all industries is $1.27, Databox notes.

A lower CPC stretches your money to get more clicks and potential conversions.

A chart showing cost per click CPC benchmarks for 10 key industries

  1. Automotive: $0.79

  2. Consumer Services: about $2-$6+

  3. Education: $2.91

  4. Finance & Insurance: $3.44

  5. Health & Medical: $3.08

  6. Legal: $6.75

  7. Real Estate: $0.70

  8. Retail: around $0.54-$1.09

  9. Technology: $3.80

  10. Travel & Hospitality: $1.53

Conversion rate (CR) benchmarks

CR measures how many clicks on your ads result in a desired “conversion” or result, like a sale or a sign-up. This metric determines how well your campaign is driving results.

A chart showing conversion rate CR benchmarks for 10 key industries

Google Ads conversion rates average 3.75%, Store Growers notes, but varies “wildly” by industry.

Here, a higher number is better — it shows more of your audience is converting.

  • Automotive: 6.03%

  • Consumer Services: 6.64%

  • Education: 3.39%

  • Finance & Insurance: 5.10%

  • Health & Medical: 3.36%

  • Legal: 6.98%

  • Real Estate: 2.47%

  • Retail: about 2.81%

  • Technology: 2.92%

  • Travel & Hospitality: 3.55%

Cost-per-action (CPA) benchmarks

CPA is what you pay for each person who completes your desired action, like a purchase or registration. Lower CPAs are better, of course, and mean you’re getting more for your money.

A chart showing cost per action CPA benchmarks for for 10 key industries

All industries considered, the cost-per-action evens out to $48.96, Store Growers says. 

The payoff is commonly 5:1 — so, for every $1 you invest in marketing, you’ll make $5.

  • Automotive: $33.52

  • Consumer Services: $90.70

  • Education: $72.70

  • Finance & Insurance: $81.93

  • Health & Medical: $78.09

  • Legal: $86.02

  • Real Estate: $116.61

  • Retail: about $45.27

  • Technology: $133.52

  • Travel & Hospitality: $44.73

Click-through rate (CTR) benchmarks

CTR is a bit of math: It’s the number of people who click your ad divided by the number who view it (i.e., impressions). It’s an essential measurement of how well your ads grab attention.

A chart showing click through rate CTR benchmarks for 10 key industries

A good click-through rate across all industries is 3.94%, reports Databox.

The higher your CTR, the better the odds your ad content is strong and your targeting is effective.

  • Automotive: 5.77%
  • Consumer Services: 2.41%
  • Education: 6.91%
  • Finance & Insurance: 2.91%
  • Health & Medical: 6.63%
  • Legal: 2.93%
  • Real Estate: 7.23%
  • Retail: about 1.69%
  • Technology: 3.76%
  • Travel & Hospitality: 8.87% 

Quality score (QS) guidelines

Last but not least, the QS is a Google Ads metric that tracks the quality and relevance of your ads and the keywords you’re targeting. It ranges from 1 to 10, with 10 being the best score.

A chart showing Google Ads quality score guidelines on a scale of 1-10

Your QS is affected by things like CTR, the relevance of each keyword to its ad group, and landing page experience.

A higher score is a significant credibility boost from Google, too.

  • Above average is 7-10

  • Average is 5-6

  • Below average is 0-4


Next steps in achieving success with Google Ads

Running Google Ads can feel overwhelming, but clear performance benchmarks can help you stay grounded.

Looking for more help with your Google Ads metrics, or even designing and running campaigns? Talk to us. Zoe Marketing & Communications can explain what will work best for your unique industry niche.

And to improve your current SEM, check out some helpful examples of:

DigitalAds-cover-1
FREE GUIDE

Download Your Digital Ads Guide

Learn how digital ads can help your business, including the tools, techniques and strategies to create successful campaigns.

Kim Kovelle

As Zoe Marketing & Communications’ content manager, Kim Kovelle brings over 20 years of writing and editing experience in metro Detroit. She has strong roots in community journalism and a knack for making complicated topics make more sense.