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Facebook Ads Cost Per Lead Benchmarks for Venture Capital & Investment in Brazil

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Cost Per Lead for Venture Capital & Investment in Brazil

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • This analysis looks at cost-per-lead (CPL) trends for industry Venture Capital & Investment and target country Brazil compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.
  • No selected data points were available for Venture Capital & Investment in Brazil in the period analyzed, so direct segment metrics and relative positioning (above market/below average) cannot be determined for this timeframe.
  • The global baseline shows an average CPL of 36.04 across Oct 2024–Sep 2025, with a high in November (41.58) and a low in September (20.63). Overall change from first to last month is -33.7%.
  • Seasonality appears in Q4 with a pronounced lift in November, relative stability through spring–summer, and a notable dip in September. Month‑to‑month volatility averages 4.75, with the largest rise in November (+10.45) and the largest drop in September (-16.40).

Scope and framing

  • Metric: cost-per-lead (CPL)
  • Industry: Venture Capital & Investment
  • Country: Brazil
  • Baseline: all industries and all countries (global)

Selected segment: Venture Capital & Investment in Brazil

  • Data availability: No monthly entries were present for the selected segment during Oct 2024–Sep 2025.
  • As a result, averages, highs/lows, volatility, and percentage change for the selected segment cannot be computed from the provided dataset.

Global baseline benchmarks (all industries, all countries)

  • Average CPL (Oct 2024–Sep 2025): 36.04
  • High: 41.58 in November 2024
  • Low: 20.63 in September 2025
  • First-to-last change: from 31.12 in October 2024 to 20.63 in September 2025, a -33.7% decline
  • Notable spikes/dips:
  • Sharp increase from October to November: +10.45
  • Gradual pullback December–January: -1.94 then -4.09
  • Stable plateau March–August: generally 32.84–39.63, with small month-to-month changes
  • Steep drop in September: -16.40 versus August

Volatility and seasonality

  • Average month-to-month absolute change: 4.75 (≈13% of the period average), indicating moderate volatility.
  • Seasonal pattern:
  • Q4 lift: peak in November, with December still elevated versus October.
  • Early-year normalization: softer costs into January–March.
  • Mid-year stability: relatively tight band around 38–39 from April through July.
  • Late Q3 dip: significant reduction in September.

Comparison to global baseline

  • Because no selected data points exist for Venture Capital & Investment in Brazil in this period, we cannot classify the segment as above market, below average, or in line with overall trends.
  • The global baseline offers directional context for expected CPL ranges: roughly 20.63–41.58 over the year, averaging 36.04, with a Q4 lift and a late‑Q3 dip.

Understanding cost-per-lead benchmarks on Facebook Ads in industry Venture Capital & Investment and Brazil 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 Venture Capital & Investment industry, Facebook ad costs can be influenced by seasonal trends and market competition. For campaigns targeting Brazil, 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.

Brazil Advertising Landscape

National Holidays

Jan 1New Year's Day
Mar 3–4Carnival
Apr 18Good Friday
Apr 21Tiradentes Day
May 1Labour Day
Jun 19Corpus Christi
Sep 7Independence Day
Oct 12Our Lady of Aparecida (Children's Day)
Nov 2All Souls' Day
Nov 15Republic Proclamation Day
Nov 20Black Awareness Day
Dec 25Christmas Day

Key Shopping Season

December (Christmas), Late November (Black Friday), Children's Day (Oct 12)

Potential Advertising Impact

CPM and CPC might rise around Carnival and Independence Day due to increased social activity. Children's Day (Oct 12) and Black Friday could see sharp spikes in competition. December (Christmas) may surge e‑commerce traffic, prompting high CPMs. Extended holiday weekends could shift ad engagement patterns.

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.