So you’ve decided to launch an online campaign in the world’s largest social media platform, good for you! With a pretty self-explanatory interface, we want to go over some of Facebook’s most common acronyms you might run into while setting up your campaign . CPA: Cost-Per-Action, this means you will be choosing an action you want a user to perform ahead of time and will only pay Facebook when that action is completed, like signing up for a newsletter or downloading an app. CPC: On Facebook, a cost-per-click means that you will pay only when a user clicks on an ad. This used to mean when they would click anywhere on the ad but now Facebook allows for more specific clicking parameters to be set, like if a user clicks on a call-to-action button, to visit a webpage or view more videos, etc. CPL: CPL means Cost Per Like, specifically per like of your webpage. If you’re trying to boost likes on your page in order to build a following, this is a great model for your Facebook ...
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