Why a Meta budget needs three rates, not one
Google charges per click, so a plan needs a CPC and a conversion rate. Meta charges per thousand impressions, so the click price is itself a result: CPM divided by a thousand times the click-through rate. A €12 CPM at a 1.4 percent CTR is a €0.86 click; the same CPM at 0.9 percent is €1.33. That is why the planner asks for CPM, CTR and conversion rate, and why the campaign objective matters so much: an instant lead form converts a third of its clicks because nobody leaves the app, a landing page converts a twelfth, and a booked-call flow a twentieth.
The presets load typical values per objective for European and North American lead generation. Overwrite them with your own account's numbers from Ads Manager the moment you have them; the presets exist to give a first order of magnitude, not a forecast.


