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Industry metric Updated 2026-07-01

Retail: CPC vs CPM

Retail benchmarks: CPC $2.27 vs CPM $7.50. Which metric should drive your 2026 strategy?

CPC
Retail$2.27
FunnelMiddle
vs
CPM
Retail$7.50
FunnelTop

These are industry board figures, not platform-specific. Metrics measure different things, so neither side is “cheaper.”

Quick comparison

Side-by-Side Comparison

AttributeCPCCPM
Full nameCost Per ClickCost Per Thousand Impressions
Retail benchmark $2.27 $7.50
What it measuresClicks / TrafficImpressions / Reach
Funnel positionMiddle funnelTop funnel
USD, refreshed 2026-07-01. Retail board figures.
By platform · estimated CPC

All Retail Benchmarks

Programmatic Display $0.30
Google Display Network $0.41
Meta Ads $0.61
Bing Ads PPC $1.50
Google Ads PPC $2.99
LinkedIn Ads $3.59

Amber marks the cheapest estimated CPC in Retail. Estimate = platform baseline × (industry metric ÷ cross-industry average).

Verdict

When to Use Each Metric

Focus on CPC when…
  • Your goal is website traffic or engagement
  • You're optimizing for clicks / traffic
  • Your campaign targets the middle of the marketing funnel
Focus on CPM when…
  • Your goal is brand awareness or broad reach
  • You're optimizing for impressions / reach
  • Your campaign targets the top of the marketing funnel
FAQ

CPC vs CPM for Retail

Should I optimize to CPC or CPM?
The average cost for each click on your ad. This is a mid-funnel metric focused on engagement and traffic. The cost to show your ad 1,000 times. This is a top-funnel metric focused on reach and awareness.
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