Based on your provided data:
- Cost Per View (CPV):
- ₹1 brings 2 views.
- Cost per view = ₹1 ÷ 2 = ₹0.50 per view.
- Subscriber Conversion Rate:
- 1000 views bring 5 subscribers.
- Subscriber Conversion Rate = (5 ÷ 1000) × 100 = 0.5%.
- Cost Per Subscriber (CPS):
- To get 1000 views, you spend ₹500 (1000 × ₹0.50).
- If 5 subscribers are gained from 1000 views, then:
- Cost per subscriber = ₹500 ÷ 5 = ₹100 per subscriber.
Summary of Metrics:
- Cost Per View (CPV): ₹0.50 per view.
- Subscriber Conversion Rate: 0.5% (5 subscribers per 1000 views).
- Cost Per Subscriber (CPS): ₹100 per subscriber.
How to Use This Data for Optimization
- Scaling Budget:
- To estimate subscribers for any budget:
- Subscribers = (Budget ÷ Cost per View) × Conversion Rate.
Example: For a ₹2000 budget: - Views = ₹2000 ÷ ₹0.50 = 4000 views.
- Subscribers = 4000 × 0.5% = 20 subscribers.
- Subscribers = (Budget ÷ Cost per View) × Conversion Rate.
- To estimate subscribers for any budget:
- Improving Conversion Rate:
- Optimize your video content and CTAs to increase the subscriber conversion rate (currently 0.5%):
- Add strong CTAs like “Subscribe for more!”.
- Create engaging thumbnails and titles to attract the right audience.
- Optimize your video content and CTAs to increase the subscriber conversion rate (currently 0.5%):
- Targeting Audience:
- Refine ad targeting to ensure you’re reaching viewers most likely to subscribe, reducing CPS.
- Test Formats:
- Experiment with ad formats like skippable ads, bumper ads, or non-skippable ads to find what resonates best.
Would you like further assistance on optimizing your YouTube Ads or strategies to improve your conversion rate?