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Facebook Ads Cost Per Purchase Benchmarks for Venture Capital & Investment

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Cost Per Purchase for Venture Capital & Investment

January 2025 - January 2026

Insights

Detailed observation of presented data

Introduction

Across all countries, cost per purchase in Venture Capital & Investment ran on a very different track than the market in 2025: a soft, sub-benchmark start gave way to a midyear surge and a dramatic Q4 lift, with sharp month-to-month swings that far exceeded the global pattern. August and October were the clear outliers, punctuating a year defined by spikes rather than a steady climb. This analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks. This analysis explores ad performance trends for Venture Capital & Investment in all countries compared to the global benchmark.

The story in the data

The year opened at $34.43 in February and closed at $180.82 in October—an overall rise of roughly 425%. The low arrived in June at $33.58, while the high came in October at $180.82, creating a fivefold range across the period. On average, cost per purchase (CPP) for Venture Capital & Investment landed at $90.64 across the seven observed months.

The path to that average was unusually choppy:

  • February to May jumped +114% (to $73.59) before dropping -54% into June ($33.58).
  • June to July rebounded +123% ($75.01), then doubled again into August (+110%, $157.90).
  • September cooled -50% ($79.14) before a fresh peak in October (+129%, $180.82).

Volatility was extreme: the average absolute monthly swing was about $64, or roughly 97% in percentage terms. By contrast, the global benchmark moved within a tight band, with an average monthly change of just $1.6 (about 3%).

Seasonal and monthly dynamics

Seasonally, Q2 marked the trough, with June delivering the lowest CPP of the year. Momentum accelerated through Q3, culminating in a dramatic August spike. September eased, but Q4 opened at a new high in October—consistent with the broader pattern where competition can firm up acquisition costs late in the year. Across Q3 (July–September), CPP averaged around $104—roughly double the global benchmark for the same period—reflecting persistent pressure on downstream purchase costs even as earlier months sat closer to market.

Country vs. Global

Against the global benchmark (which averaged $52.3 over the same months), Venture Capital & Investment averaged 73% higher CPP across all countries. The relative position flipped multiple times early, then decisively broke away:

  • February: 37% below global ($34.43 vs. $54.80).
  • May: 41% above ($73.59 vs. $52.40).
  • June: 34% below ($33.58 vs. $50.82).
  • July: 53% above ($75.01 vs. $49.18).
  • August: 198% above ($157.90 vs. $52.97).
  • September: 49% above ($79.14 vs. $53.22).
  • October: 243% above ($180.82 vs. $52.67).

At its narrowest gap, the industry sat 34% below the benchmark in June; at its widest, it was 243% above in October. While the global series stayed largely stable (roughly $49–$55 through October), Venture Capital & Investment repeatedly swung by double- and triple-digit percentages month to month, underscoring a far more volatile cost environment for completed purchases than the broader market.

Closing

Facebook Ads benchmarks for cost per purchase highlight how Venture Capital & Investment, across all countries, diverged sharply from the global baseline—sub-market in early months, then surging to multiples of the benchmark by late year. Understanding cost-per-purchase dynamics alongside CPC trends, CPM analysis, and CTR performance offers a fuller read on industry ad performance and country-specific ad costs when evaluating acquisition outcomes for Venture Capital & Investment globally.

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. Geographic targeting affects ad costs based on market competition and user engagement in different regions. 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.

What's a healthy cost per purchase for ecommerce brands?

It depends on your product price and margins. Most brands aim for $10 to $50. For higher-ticket products, a higher CPA may be acceptable as long as you're maintaining a strong return on ad spend.

How does product price impact CPA benchmarks?

Higher-priced products typically have a higher CPA because people take longer to convert. That's not necessarily a problem if your margin can support it. You should measure CPA in context with AOV and LTV.

Why are my purchase costs going up despite stable ROAS?

Your AOV may be increasing, which helps maintain ROAS even if CPA rises. You could also be facing higher CPMs, lower conversion rates, or creative fatigue.

Should I use manual bidding to control CPA more effectively?

Manual bidding can help if you're struggling to stay within target CPA. It's best used by experienced advertisers who can monitor performance and adjust regularly. It gives more control, but also requires more effort.

How do I scale spend without letting CPA skyrocket?

Increase budget gradually, rotate creative often, and avoid overlapping audiences. Scaling too quickly can lead to audience saturation and rising CPAs.