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Facebook Ads Cost Per Lead Benchmarks for E-commerce in Singapore

See how your CPL compares. Explore lead generation cost benchmarks by industry, region, and campaign type

Cost Per Lead for E-commerce in Singapore

October 2024 - October 2025

Insights

Detailed observation of presented data

This analysis looks at cost per lead trends for E-commerce in Singapore compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.

  • On average, Singapore’s median cost per lead (CPL) was 35.08 across Sep 2024–Aug 2025, about 5% below the global baseline average of 37.06 (below market).
  • Highs and lows were wider in Singapore: a peak of 51.07 in December 2024 and a low of 10.25 in July 2025, versus the global range of 41.58 (Nov 2024) to 31.12 (Oct 2024).
  • Overall trend in Singapore declined 21% from September 2024 to August 2025, while the global baseline rose 12.6% over the same period.
  • Volatility was elevated: average month-to-month absolute change was 32.7% in Singapore vs 9.8% globally.
  • Seasonal effects were evident: costs climbed into Q4 in both datasets, with Singapore peaking in December and the global benchmark peaking in November.

Overview of Singapore E-commerce CPL (selected data)

  • Average: 35.08; Median months analyzed: Sep 2024–Aug 2025.
  • High: 51.07 (December 2024).
  • Low: 10.25 (July 2025).
  • First-to-last change: -21% (27.82 in September 2024 to 21.96 in August 2025).
  • Volatility: average absolute month-over-month change of 32.7%.
  • Notable moves:
  • October 2024: +63.7% vs September.
  • December 2024: +18.4% vs November (annual peak).
  • May 2025: +22.7% vs April.
  • June 2025: -38.0% vs May.
  • July 2025: -61.5% vs June (annual low).
  • August 2025: +114.3% vs July.

Comparison to the global baseline

  • Average level: Singapore at 35.08 vs global 37.06 (≈5.4% below baseline).
  • Highs and lows:
  • Singapore high 51.07 (Dec 2024) exceeded the global peak 41.58 (Nov 2024).
  • Singapore low 10.25 (Jul 2025) was far below the global low 31.12 (Oct 2024).
  • Relative positioning by month:
  • Above market in Oct–Dec 2024, Jan 2025, Mar 2025, and May 2025.
  • Below market in Sep 2024, Feb 2025, Apr 2025, and notably Jun–Aug 2025.
  • Volatility: 32.7% MoM (Singapore) vs 9.8% MoM (global), indicating much larger swings locally.

Seasonality and pattern insights

  • Q4 uplift: Costs rose sharply into the holiday period. Singapore climbed from 27.82 in September to 51.07 in December, aligning with typical Q4 pressure seen in Facebook Ads benchmarks. The global trend similarly tightened into November before easing in December–January.
  • Mid-year softness: After a May rebound, Singapore saw a pronounced June–July dip to the yearly low, followed by a sharp August recovery, a pattern not mirrored in the steadier global series.

Understanding cost per lead benchmarks on Facebook Ads in industry E-commerce and Singapore helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Facebook advertising costs vary based on many factors including industry, target audience, ad placement, and campaign objectives. In the E-commerce industry, Facebook ad costs can be varied, with peaks during holiday seasons and competitive product categories. For campaigns targeting Singapore, advertisers should consider local market factors and user behavior. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

Singapore Advertising Landscape

National Holidays

Jan 1New Year's Day
Jan 29Chinese New Year Day 1
Jan 30Chinese New Year Day 2
Mar 31Hari Raya Puasa
Apr 18Good Friday
May 1Labour Day
May 12Vesak Day
Jun 7Hari Raya Haji
Aug 9National Day
Oct 20Deepavali
Dec 25Christmas Day

Key Shopping Season

Late January (Chinese New Year), October–December (Deepavali, National Day promotions, Christmas), Mid-year retail events

Potential Advertising Impact

CPM and CPC might rise during Chinese New Year and Deepavali for gifting, food, and apparel categories. Good Friday, Hari Raya, and Vesak Day long weekends could shift consumer behavior and spike media consumption. National Day promotions might elevate ad costs in entertainment and tourism. Singapore's small, affluent market means events can have noticeable retail impact.

What is considered a good cost per lead on Facebook in 2025?

A good CPL usually ranges from $10 to $50, depending on your industry and target audience. B2C offers tend to be cheaper, while B2B or high-ticket services may see CPLs over $100.

Why is my CPL higher than industry averages?

Your CPL could be high due to weak creative, irrelevant targeting, or an offer that doesn't resonate. Low engagement or poor conversion rates on your landing page can also drive up costs.

Does campaign objective impact CPL?

Yes. Campaigns optimized for conversions or leads tend to generate cheaper and more qualified leads compared to traffic or engagement objectives. Facebook needs clear signals to find the right users.

How can I generate leads at a lower cost without hurting lead quality?

Focus on improving your offer, targeting the right audience, and using high-converting creative. Test native lead forms, but make sure you're still qualifying users properly.

Should I optimize for leads or conversions if my goal is pipeline growth?

If your goal is sales or revenue, optimizing for deeper funnel conversions is better. Optimizing for leads alone can inflate volume but hurt quality.