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Facebook Ads Cost Per Lead Benchmarks for Hardware and Networking in Singapore

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Cost Per Lead for Hardware and Networking in Singapore

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • Based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.
  • Cost per lead for Hardware and Networking in Singapore averaged 118.84 over the observed months, versus 36.40 globally (about 3.3x above market on average).
  • Extreme volatility in Singapore: average month-to-month move of 156.95 vs 3.79 for the global baseline.
  • High/low for Singapore: 536.51 in October 2024 (high) and 12.46 in June 2025 (low); first-to-last change is +229% (September 2024 to August 2025). Global baseline over the same months rose +12.6%.
  • Seasonality: a sharp Q4 spike centered in October, a trough in May–June, and a rebound in August. The global baseline shows a more modest Q4 lift.

What this analysis covers

This analysis looks at cost per lead trends for industry Hardware and Networking in Singapore compared to the global trend. It is grounded in monthly medians and focuses on averages, highs/lows, volatility, and month-to-month dynamics to benchmark Facebook Ads costs.

Selected trend overview

  • Average: 118.84 across the nine reported months.
  • High/low:
  • Peak at 536.51 in October 2024.
  • Trough at 12.46 in June 2025.
  • Volatility: Average absolute month-to-month change of 156.95, driven by large swings:
  • September → October: +501.20 (spike)
  • October → November: −412.65 (reset)
  • April → May: −90.59 (drop)
  • June → August: +103.53 (rebound)
  • First-to-last change: From 35.31 (September 2024) to 115.99 (August 2025), a +229% increase.
  • Notable inflections:
  • October 2024 surged to 536.51 before normalizing in November (123.87) and January (74.48).
  • Costs fell through May (17.71) and June (12.46), then rebounded strongly by August (115.99).

Comparison with the global baseline

Using the same months for a like-for-like view:

  • Global baseline average: 36.40; high 41.58 (November 2024), low 31.12 (October 2024); month-to-month volatility 3.79.
  • Relative positioning by month:
  • September 2024: slightly above market (+7%).
  • October 2024: ~17x above market (536.51 vs 31.12).
  • November 2024: ~3.0x above market.
  • January 2025: ~2.1x above market.
  • March 2025: ~1.37x above market.
  • April 2025: ~2.8x above market.
  • May 2025: ~55% below market.
  • June 2025: ~68% below market.
  • August 2025: ~3.1x above market.
  • Overall, Singapore sits well above average in most months, with a mid-year period (May–June) noticeably below market. Excluding the October spike, the Singapore average still lands at 66.63—about 1.8x the global baseline.

Seasonality signals

  • Global trend: modest uplift in November–December (holiday pressure), consistent with typical Q4 patterns.
  • Singapore (Hardware and Networking): a pronounced Q4 surge centered in October, followed by early-year softening into a May–June trough and a clear August rebound. This indicates stronger seasonal amplitude than the global benchmark.

Understanding cost per lead benchmarks on Facebook Ads in industry Hardware and Networking 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 Hardware and Networking industry, Facebook ad costs can be influenced by seasonal trends and market competition. 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.