Snapchat CPA
cpa
Overview
Snapchat Cost per Acquisition (CPA) measures the total Snapchat advertising cost required to acquire one paying customer.
Snapchat CPA = Snapchat Ad Spend / Snapchat-Reported Conversions
The calculation is based on data from the Ads table.
Detailed breakdown
The formula above is derived from the following components:
Ad Spend = SUM(spend)
--> Ads table
Channel-Reported Conversions (Purchases) = SUM(conversions)
--> Ads table
Snapchat Ads = where channel = 'snapchat-ads'
Insights and Actions
Snapchat Cost per Acquisition (CPA) helps you track how much you're spending to acquire a paying customer through Snapchat Ads. Monitoring this metric is essential for understanding the efficiency of your advertising campaigns:
- Evaluate Customer Acquisition Cost: Use CPA to see if you're acquiring customers at a sustainable rate. A rising CPA might signal the need to adjust your ad strategy.
- Optimize Campaign Budgets: High CPA may suggest reallocating budget to better-performing channels or focusing on more targeted campaigns to reduce costs.
- Test and Adjust Targeting: If CPA is higher than expected, test different audience segments to find a more cost-effective group for customer acquisition.
Related Metrics
- Snapchat ROAS: Offers a full view of how much revenue is being generated relative to your ad spend, providing a deeper understanding of campaign profitability.
- Snapchat Conversions: Helps you track the number of successful customer acquisitions and assess whether targeting or creative tweaks are improving performance.
- Snapchat Ad Spend: Provides context on the total investment in Snapchat Ads, allowing you to correlate spending with CPA and overall ROI.
Example Use
Prompt
What's my Snapchat-reported CPA over the last 30 days?
Response
Query
SELECT
a.channel AS channel,
COALESCE(SUM(a.spend) / NULLIF(SUM(a.conversions), 0), 0) AS cpa
FROM
ads_table AS a
WHERE
a.channel = 'snapchat-ads'
AND a.event_date BETWEEN CURRENT_DATE() - 30 AND CURRENT_DATE() - 1
GROUP BY
a.channel
ORDER BY
cpa DESC;
Updated 2 months ago