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Cost-Per-Click (CPC)
Online Marketing Glossary
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an advertising model where your ads are displayed without cost and you pay for the action of a user clicking on the ad and being taken to your site.
Cost / Clicks= Cost Per Click
Cost Per Action is similar to CPC advertising model; however, you pay for the action completed on the site (the conversion) not the click. For example if a lead is worth $20 you can bid up to $20 for the action of completing the form on your site.