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

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Cost Per Purchase for Venture Capital & Investment in United States

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads cost per purchase benchmarks summary

This analysis looks at cost per purchase trends for industry Venture Capital & Investment and target country United States 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

  • The United States Venture Capital & Investment segment is far above market on cost per purchase: average 2,054 vs 49.6 globally over the same period (+41x).
  • Volatility is extreme: average month‑to‑month change of 236% vs a stable 7% for the global baseline.
  • Seasonality: a sharp spike in November 2024 and a much larger peak in March 2025, followed by steep declines into summer; globally, costs are highest in Q1 and drift down into late summer/early fall.
  • From the first to the last observed month, the United States series fell 97.8% (October 2024 to July 2025), ending 32% below the global level in July.

United States Venture Capital & Investment trend highlights (cost per purchase)

  • Average: 2,054 across 9 observed months.
  • High and low:
  • High: 7,721 in March 2025.
  • Low: 31.47 in July 2025.
  • Range: 7,689.
  • First-to-last change: down 97.8% (1,419.97 in October 2024 to 31.47 in July 2025).
  • Notable spikes/dips:
  • October to November 2024: +223% (1,420 to 4,584).
  • November to December 2024: −68% (4,584 to 1,466).
  • January to February 2025: −66% (1,660 to 557).
  • February to March 2025: +1,285% (557 to 7,721), the sharpest increase.
  • March to April 2025: −87% (7,721 to 979).
  • April to May 2025: −93% (979 to 69.76), the steepest monthly drop.
  • May to July 2025: −55% (69.76 to 31.47).
  • Volatility: average absolute month‑to‑month move of 236%, indicating highly unstable acquisition costs.

Comparison to the global baseline

  • Averages:
  • United States (overlapping months): 2,054.
  • Global baseline (October 2024–July 2025): 49.6.
  • Relative positioning: United States is about 41x above market on average.
  • Highs and lows:
  • Global high across the period: 53.89 (February 2025); low: 43.19 (November 2024) within the overlapping window.
  • March 2025: United States 7,721 vs global 52.61 (+147x).
  • November 2024: United States 4,584 vs global 43.19 (+106x).
  • May 2025: United States 69.76 vs global 50.97 (+37%).
  • July 2025: United States 31.47 vs global 46.21 (32% below market).
  • Volatility:
  • Global baseline month‑to‑month change averages 7.0%, with a gentle rise into Q1 and a later pullback.
  • Over a broader window (Oct 2024 to Sep 2025), the global series declines 30.8%, ending at 32.29 in September.

Seasonal patterns

  • United States Venture Capital & Investment: pronounced Q4 movement with a November spike, a much larger Q1 peak in March, then sustained compression into May–July.
  • Global baseline: relatively stable, with higher costs in Q1 and a notable dip by late summer/early fall.

Understanding cost per purchase benchmarks on Facebook Ads in industry Venture Capital & Investment and United States 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 United States, advertisers often face higher costs due to high competition and purchasing power. 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.

United States Advertising Landscape

National Holidays

Jan 1New Year's Day
Jan 20Martin Luther King Jr. Day
Feb 17Presidents' Day
May 26Memorial Day
Jun 19Juneteenth
Jul 4Independence Day
Sep 1Labor Day
Oct 13Columbus Day
Nov 11Veterans Day
Nov 27Thanksgiving Day
Dec 25Christmas Day

Key Shopping Season

Late November (Thanksgiving & Black Friday weekend), December (Christmas), Back-to-school (July–September), Summer travel season (Memorial Day onwards)

Potential Advertising Impact

CPM and CPC might rise around major holidays like Memorial Day, Independence Day, and Labor Day, especially in travel and entertainment. Black Friday/Thanksgiving weekend triggers massive spikes in retail ad competition. December ad demand typically peaks—retail campaigns require significantly higher budgets. Back-to-school promotions drive increased competition. Juneteenth may see regional engagement rise.

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.