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

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

Cost Per Lead for Venture Capital & Investment in Italy

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads cost-per-lead benchmarks: Venture Capital & Investment in Italy vs. global

This analysis looks at cost-per-lead trends for industry Venture Capital & Investment and target country Italy compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.

Main takeaways

  • No selected series is available for Venture Capital & Investment in Italy for the period provided, so comparisons to the global baseline cannot be quantified. The global series below serves as the directional benchmark.
  • Globally, cost-per-lead (CPL) averaged 36.04 over the last 12 months, with a median of 38.47.
  • Seasonality is clear: costs rose into Q4 (peak in November), stayed relatively steady through spring/summer, then dropped sharply in September.
  • Volatility was moderate overall, with an average absolute month-to-month move of 13.3%, driven by a November surge and a pronounced September dip.
  • From the first to last month, global CPL fell 33.7%.

What the selected series shows (Venture Capital & Investment, Italy)

  • Data for the selected combination is not available for the months observed. As a result, relative positioning versus the market (above/below/in line) cannot be established for Italy’s Venture Capital & Investment CPL at this time.

Global baseline overview (all industries, all countries)

  • Average CPL: 36.04; median: 38.47.
  • High: 41.58 in November 2024.
  • Low: 20.63 in September 2025.
  • First-to-last change: 31.12 in October 2024 to 20.63 in September 2025, down 33.7%.
  • Peak-to-trough swing: -50.4% from November 2024 to September 2025.

Seasonality and stability

  • Q4 uplift: CPL rose 33.6% from October to November 2024 and stayed elevated in December (39.63), consistent with holiday-driven auction pressure.
  • Q1 normalization: Levels eased to 35.54 in January before rebounding in February (38.86).
  • Spring/summer plateau: April through August clustered in a narrow band (roughly 37.0–39.6), indicating steadier auction dynamics.
  • Late-summer reset: A notable dip in September (20.63) marked the lowest point of the year.

Month-to-month volatility

  • Average absolute MoM change: 13.3%.
  • Largest increases: October to November (+33.6%), March to April (+17.5%).
  • Largest decreases: August to September (-44.3%), February to March (-15.5%).
  • Excluding the September dip, most months ranged between 31.12 and 41.58, with spring/summer months moving within a relatively tight corridor.

How Italy’s Venture Capital & Investment compares to the market

  • Due to the absence of selected data, Italy’s Venture Capital & Investment CPL cannot be labeled as above market, below average, or in line with overall trends. The global baseline provides a reference point for expected seasonality and typical ranges.

Understanding cost-per-lead benchmarks on Facebook Ads in industry Venture Capital & Investment and Italy 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 Italy, 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.

Italy Advertising Landscape

National Holidays

Jan 1New Year's Day
Jan 6Epiphany
Apr 20Easter Sunday
Apr 21Easter Monday
Apr 25Liberation Day
May 1Labour Day
Jun 2Republic Day
Aug 15Ferragosto
Nov 1All Saints' Day
Dec 8Immaculate Conception
Dec 25Christmas Day
Dec 26St. Stephen's Day

Key Shopping Season

Late November (Black Friday/Cyber Monday), Christmas & post‑Christmas sales (late December), Ferragosto (mid‑August) summer tourism, Back‑to‑school (September)

Potential Advertising Impact

CPM and CPC might increase during spring holidays when Italians engage in travel or leisure. Ferragosto may see travel and hospitality ads face high competition while retail CPMs dip. Late November and December see ad demand surges. 'Ponte' long weekends could affect ad pacing with stronger performance on adjacent weekdays.

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.