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Facebook Ads Cost Per Purchase Benchmarks for Venture Capital & Investment in Singapore

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Cost Per Purchase for Venture Capital & Investment in Singapore

October 2024 - October 2025

Insights

Detailed observation of presented data

Main takeaways

  • This analysis looks at cost-per-purchase trends for industry Venture Capital & Investment and target country Singapore (SG) 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 are available for Venture Capital & Investment in Singapore for the period provided, so a direct country- and industry-level trend cannot be calculated.
  • Globally, cost-per-purchase averaged 47.73 over the last 13 months, peaking in February 2025 (53.89) and bottoming in September 2025 (32.29).
  • From the first to the last month in the series, the global baseline declined by 30.7%.
  • Volatility in the global series was moderate: the average month-to-month absolute move was 2.99 (about 6.3% of the period average), with the largest swings in Nov→Dec 2024 (+8.34) and Aug→Sep 2025 (-13.40).
  • Seasonal pattern is evident: costs typically firm in Q4 and remain elevated through Q1, soften into summer, and exhibited an unusually sharp dip in September 2025.

Scope and context

  • Metric: cost-per-purchase (median, monthly).
  • Industry: Venture Capital & Investment.
  • Country selection: Singapore.
  • Comparison: selected dataset vs. global baseline. Because the selected dataset contains no observations for the time window, only the global baseline can be summarized, and no relative positioning for Singapore can be determined.

Selected dataset (Venture Capital & Investment, Singapore)

  • Data availability: no monthly observations were provided for the selected industry-country combination in this period.
  • As a result, averages, highs/lows, percentage change, and volatility for the selected dataset cannot be computed.

Global baseline overview (context for market-level benchmarks)

  • Average: 47.73 across 13 months (Sep 2024–Sep 2025).
  • High: 53.89 in February 2025 (above market).
  • Low: 32.29 in September 2025 (well below average).
  • First-to-last change: 46.60 in September 2024 to 32.29 in September 2025, a decrease of 30.7%.
  • Volatility: average absolute month-to-month change of 2.99 (6.3% of the average).
  • Notable movements:
  • Nov 2024 dip (43.19) followed by a strong December rise to 51.53 (+8.34).
  • Sustained elevated levels through March 2025 (Jan 52.31; Feb 53.89; Mar 52.61).
  • Gradual softening from May to August 2025 (50.97 → 45.69).
  • Sharp decline into September 2025 (32.29, -13.40 vs. August).

Seasonality and positioning

  • Seasonality aligns with common patterns seen in Facebook Ads benchmarks: costs rise into late Q4 and remain elevated in early Q1, then ease through mid-year.
  • Relative to the global average (47.73):
  • Dec 2024–Mar 2025 months were above market.
  • Jun–Aug 2025 sat slightly below average.
  • Sep 2025 was markedly below average.

Comparison of Singapore vs. global

  • With no selected data for Singapore, relative positioning versus the global baseline (above market, below average, or in line) cannot be assessed for this period.

Understanding cost-per-purchase benchmarks on Facebook Ads in industry Venture Capital & Investment 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 Venture Capital & Investment 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'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.