YouTube Advertising Costs Explained | Summary and Q&A

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September 18, 2022
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Surfside PPC
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YouTube Advertising Costs Explained

TL;DR

YouTube advertising costs can be controlled by the advertiser, with options to set budgets and optimize for conversions.

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Key Insights

  • 😫 Advertisers have control over their YouTube advertising budget and spending, with options to set total spend limits or daily budgets.
  • 🇻🇨 Average cost per view on YouTube ads is around 8 cents, but it can vary depending on various factors.
  • 🫠 Average cost per 1000 impressions, or CPM, on YouTube ads is $4.97, but it can also vary based on campaign settings.
  • 💡 Different bid strategies like Target CPA and Maximize Conversions can be used to optimize campaigns for conversions.
  • 🇨🇷 Optimizing for conversions is more important than focusing on cost per view or cost per 1000 impressions.
  • 👨‍💼 Advertisers should determine the value of each conversion for their business to understand the impact of their advertising costs.
  • 🎯 Advertisers can set target CPAs or target CPMs to control their costs and optimize for specific objectives.

Transcript

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Questions & Answers

Q: How much control do advertisers have over their YouTube advertising budget?

Advertisers have complete control over their budget and spending, with options to set total spend limits or daily budgets.

Q: What is the average cost per view on YouTube ads?

The average cost per view is around 8 cents, but it can vary depending on the campaign budget, targeting, and duration.

Q: How can advertisers optimize their YouTube ads for conversions?

Advertisers can use bid strategies like Target CPA or Maximize Conversions to optimize their campaigns for driving conversions.

Q: What is the average cost per 1000 impressions on YouTube ads?

The average cost per 1000 impressions, also known as CPM, is $4.97, but it can vary based on targeting, campaign duration, and bid strategy.

Summary & Key Takeaways

  • Advertisers have complete control over their YouTube advertising budget and spending.

  • Budgets can be set at the campaign level with a total spend limit, or with daily budgets.

  • Average cost per view is around 8 cents, while average cost per 1000 impressions is $4.97.

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