Marketing Metrics

View Through Rate (VTR)

View Through Rate measures the percentage of users who see an ad and later convert within a defined attribution window without clicking the ad. This metric helps assess brand awareness impact, consideration influence, and overall advertising effectiveness beyond direct response, particularly for upper-funnel campaigns.

Definition

View Through Rate measures the percentage of users who see an ad and later convert within a defined attribution window without clicking the ad. This metric helps assess brand awareness impact, consideration influence, and overall advertising effectiveness beyond direct response, particularly for upper-funnel campaigns.

Examples

A 0.1% VTR means 1 in 1000 impressions led to an attributed conversion

Video ads often see higher VTR due to stronger brand impact

B2B campaigns may use 30-day view-through windows for consideration

Calculation

How to Calculate

Divide number of view-through conversions by total impressions and multiply by 100. Attribution windows vary by platform and campaign goals.

Formula

VTR = (View-Through Conversions / Total Ad Impressions) × 100

Unit of Measurement

%

Operation Type

divide

Formula Variables

View-Through ConversionsConversions after ad views without clicks within attribution window
Total Ad ImpressionsNumber of times the ad was shown

Comparison

Related Metrics

Return on Ad Spend (ROAS)

Return on Ad Spend (ROAS) is a marketing performance metric that measures the revenue generated per dollar of advertising spend. Unlike ROI which considers all business costs, ROAS specifically evaluates advertising efficiency by comparing directly attributable revenue to ad spend. This metric is crucial for optimizing campaign performance, budget allocation, and overall marketing strategy.

Click-Through Rate (CTR)

Click-Through Rate (CTR) measures the ratio of clicks to impressions for a digital advertisement, email, or other clickable content. It's a fundamental metric for evaluating creative relevance, audience targeting quality, and overall ad effectiveness in driving user engagement. CTR varies significantly by format, placement, and channel, making context crucial for performance evaluation.

Cost Per Action (CPA)

Cost Per Action (CPA) measures the average cost required to generate a specific user action or micro-conversion, such as form submissions, email signups, content downloads, or other engagement events. Unlike Cost Per Acquisition which focuses on customer acquisition, CPA tracks the cost efficiency of driving specific engagement milestones that may occur earlier in the customer journey.

Conversion Rate

Conversion rate measures the percentage of users who complete a defined conversion action relative to the total number who had the opportunity to convert. This metric evaluates the effectiveness of marketing efforts, user experience, and overall funnel efficiency in driving desired outcomes. Conversion actions can range from purchases and form submissions to content downloads and subscription signups.

Cost Per Mille (CPM)

Cost Per Mille (CPM) represents the cost an advertiser pays to deliver 1,000 ad impressions to their target audience. This metric is fundamental for media planning and buying, enabling comparison of advertising costs across different platforms, formats, and audience segments. CPM pricing reflects placement quality, audience targeting precision, and market demand.

Cost Per Click (CPC)

Cost Per Click (CPC) represents the average cost an advertiser pays for each click on their advertisement. In auction-based platforms, actual CPC is determined through a combination of bid amount, quality score, and competition. This metric is fundamental for measuring traffic acquisition efficiency and comparing costs across channels and campaigns.

Pay-Per-Click (PPC)

Pay-Per-Click is an advertising model and auction system where advertisers bid for ad placement and pay only when users click their ads. The actual cost per click is determined through a complex auction that considers bid amounts, quality scores, expected click-through rates, and landing page experience. This model aligns advertising costs with user engagement rather than just exposure.

Engagement Rate

Engagement rate measures the level of audience interaction with content by calculating the ratio of measurable actions to total content exposure. Actions typically include clicks, likes, comments, shares, saves, reactions, and other platform-specific interactions. This metric helps evaluate content resonance, creative effectiveness, and audience relevance while accounting for reach or impression volume.

Video Completion Rate (VCR)

Video Completion Rate measures the percentage of video ad impressions that are watched to 100% completion. This metric helps evaluate creative engagement, message delivery effectiveness, and audience targeting accuracy while accounting for video length and placement quality. VCR is particularly important for brand messaging where full creative viewing is crucial.

Cost Per View (CPV)

Cost Per View measures the average cost of a qualified video view, with platform-specific definitions of what constitutes a billable view. Common view criteria include watching 2-30 seconds, 50% of video in view for 2 continuous seconds, or user-initiated plays. This metric helps evaluate video ad spending efficiency and compare performance across platforms, formats, and campaigns.

Cost Per Completed View (CPCV)

Cost Per Completed View measures the average cost when a user watches a video ad to 100% completion. This metric is particularly relevant for brand campaigns and storytelling content where full message delivery is crucial for campaign effectiveness. CPCV helps evaluate the cost efficiency of achieving complete message exposure.

Marketing Efficiency Ratio (MER)

Marketing Efficiency Ratio measures the overall effectiveness of marketing spend by comparing total revenue to total marketing costs. It provides a holistic view of marketing performance across all channels and customer types, including both direct and indirect revenue attribution. Also known as 'blended MER' since it considers all revenue rather than just attributed revenue.

Thumbstop Rate

Thumbstop Rate measures the effectiveness of creative in capturing attention by tracking the percentage of users who stop scrolling to engage with the content in their feed for a meaningful duration, typically 2-6 seconds depending on the platform.

Thumbstop Click Rate

Thumbstop Click Rate measures the effectiveness of creative in driving action by tracking the percentage of users who click on content after stopping their scroll for a meaningful duration. This metric helps evaluate both attention-grabbing and conversion capabilities of creative, providing insight into content's ability to not just capture but convert attention.

ThruPlay Rate

ThruPlay Rate measures the percentage of video ad impressions where users watch either the entire video (for videos under 15 seconds) or at least 15 seconds (for longer videos). This metric helps evaluate content's ability to maintain viewer attention and deliver complete messages, particularly important for platforms like Meta and TikTok.

View Rate

View Rate measures the percentage of video ad impressions that achieve platform-defined view duration thresholds. This metric helps evaluate initial content engagement and creative effectiveness, with view definitions varying by platform (e.g., 2 seconds for Facebook, 30 seconds for YouTube).

Impressions

Impressions measure the total number of times an advertisement is shown to users, regardless of whether they interact with it. Each time an ad appears on a screen counts as one impression, though viewability standards may require minimum exposure duration or percentage in view to count as a valid impression.

Share of Voice (SOV)

Share of Voice quantifies a brand's presence and visibility in the market compared to competitors or total market activity. It measures relative market presence across paid advertising impressions, organic social media engagement, PR mentions, and other trackable communications channels. SOV helps evaluate competitive position and communication effectiveness.

Churn Rate (CR)

Churn rate measures the proportion of customers who discontinue their relationship with a company during a specific timeframe. For subscription businesses, this means cancellations or non-renewals. For non-subscription businesses, churn is often defined as no purchase activity within a set period. It's a critical metric for evaluating customer retention and business health.

Customer Retention Rate (CRR)

Customer Retention Rate measures the proportion of customers who remain active with a company during a specific timeframe. For subscription businesses, this means continued subscriptions. For non-subscription businesses, retention is often defined as repeat purchase activity within a set period. It's a key metric for evaluating customer loyalty, satisfaction, and the effectiveness of retention strategies.

Return on Investment (ROI)

Return on Investment measures the profitability of an investment by comparing the net profit (revenue minus all costs) to the total investment cost. In marketing, it considers all costs including media spend, creative production, technology, overhead, and operational expenses, making it a more comprehensive metric than ROAS which focuses specifically on ad spend.

Moving Average

A moving average is a statistical calculation that creates a series of averages from different subsets of data over time. It helps identify trends by smoothing out short-term fluctuations and random outliers in metrics like CPC, CTR, or ROAS.

Statistical Significance

Statistical significance indicates whether an observed difference between variants in an experiment is likely to be due to random chance or represents a genuine effect. In advertising, it helps determine if differences in key metrics like CTR, conversion rate, or ROAS between ad variants or campaigns represent real performance differences rather than random fluctuations. This is crucial for making data-driven optimization decisions and avoiding false conclusions based on temporary variations.

Related Terms

Marketing Attribution

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Attribution Window

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Brand Awareness

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Conversion Rate

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