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

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Cost Per Lead for Venture Capital & Investment in Norway

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • This analysis looks at cost-per-lead trends for industry Venture Capital & Investment and target country Norway compared to the global trend; it is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.
  • No monthly observations were available for the selected segment (Venture Capital & Investment in Norway), so relative positioning versus the global baseline cannot be determined from this sample.
  • Globally, cost-per-lead averaged 36.04 across Oct 2024–Sep 2025, with a high of 41.58 in November and a low of 20.63 in September.
  • Baseline seasonality is visible: a holiday lift into November and December, steady costs around late spring/early summer, and a sharp dip in September.
  • Month-to-month volatility in the baseline was moderate on average (about 4.75), with the biggest jump from October to November (+10.45) and the steepest decline from August to September (-16.40).
  • From the first to the last month in the baseline, cost-per-lead decreased by 33.7%.

What this report covers

We summarize monthly median cost-per-lead trends. The “selected data” is for Venture Capital & Investment in Norway; the “baseline” aggregates all industries and countries. Where selected data are unavailable, we present the global context so marketers can understand directional benchmarks relative to overall Facebook Ads costs.

Selected segment: Venture Capital & Investment in Norway

  • Data availability: The selected dataset contains no monthly observations for Oct 2024–Sep 2025.
  • Statistics (average, high/low, volatility, seasonality) for Norway cannot be computed from this sample.

Global baseline overview (all industries/countries)

  • Average (Oct 2024–Sep 2025): 36.04
  • High and low:
  • Highest month: November 2024 at 41.58
  • Lowest month: September 2025 at 20.63
  • Range across the period: 20.95
  • First-to-last change: from 31.12 in October 2024 to 20.63 in September 2025, a decline of 33.7%.
  • Volatility:
  • Average month-to-month absolute change: 4.75
  • Largest increase: +10.45 (October → November)
  • Largest decrease: -16.40 (August → September)
  • Distribution: 7 of 12 months came in at or above 38.00. April–July were notably stable (roughly 38.35–39.63).

Seasonal patterns in the baseline

  • Q4 lift: Costs rose sharply from October into November and remained elevated in December, consistent with holiday-driven demand.
  • Spring/early summer stability: April through July clustered tightly around the high-30s.
  • Late-summer reset: September showed the lowest cost-per-lead of the year, following a mild August.

Comparison to the global baseline

  • Relative position: Not determinable for Venture Capital & Investment in Norway due to no available observations.
  • Context for interpretation: Globally, the typical range ran from the low-30s to low-40s for most months, with an exceptional dip in September.

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

Norway Advertising Landscape

National Holidays

Jan 1New Year's Day
Apr 17Maundy Thursday
Apr 18Good Friday
Apr 20Easter Sunday
Apr 21Easter Monday
May 1Labour Day
May 17Constitution Day
May 29Ascension Day
Jun 8Whit Sunday
Jun 9Whit Monday
Dec 25Christmas Day
Dec 26Boxing Day

Key Shopping Season

Late November (Black Friday/Singles Day), December (Christmas & post‑Christmas sales), Spring holiday period (April–May travel and tourism)

Potential Advertising Impact

CPM and CPC could rise during Easter and Ascension when Norwegians travel or spend time on leisure. Constitution Day (May 17) is widely celebrated—media activity may increase and ad competition could intensify. Most public holidays result in shop closures; ad inventory may shrink during holidays. Pentecost weekend may reduce weekday competition.

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.