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CPI Calculator
What is cost per install (CPI)?
Cost Per Install (CPI) is a metric that measures the amount an advertiser pays a platform each time their app is installed. It is most commonly used in mobile app marketing to understand customer acquisition trends. It can also help developers and marketers estimate and calculate the efficiency of their marketing budgets.
How to use the CPI calculator
To calculate CPI, enter the total amount that you spent on ads and the number of installs that you received for your application. The calculator will instantly calculate the CPI, allowing you to understand the cost-effectiveness of your marketing efforts.
CPI formula
CPI=Total Ad Spend/Number of Installs
Understanding the CPI result
The ideal CPI will vary depending on your location, type of app, and budget. However,
- A low CPI indicates that the marketing campaign for your app is cost-effective and that you are getting more installs at a relatively lower cost.
- A high CPI suggests a higher cost per install. This indicates that you need to optimize your marketing strategy in terms of content, target audience, advertising channels, etc.
When to calculate CPI
CPI should be calculated regularly to assess the performance of your app marketing campaigns. Some key situations where you should calculate CPI include:
- After launching a new app or a major update to track initial marketing effectiveness
- While running paid advertising campaigns focused on driving app installs
- To evaluate the performance of different ad networks, platforms, or creative formats
- During financial reviews to determine the return on investment (ROI) of your app marketing spend
- To compare against industry benchmarks or competitor CPI rates
How to calculate CPI with example
Imagine that you spent $10,000 on a marketing campaign that resulted in 5,000 app installs. You can calculate your CPI as follows:
CPI = Total Ad Spend/Number of Installs
CPI =10,000/5,000 = 2
In this example, your CPI is $2.00, meaning you spent $2.00 on average to acquire each app install.
How to improve your CPI
You can improve your CPI by using the following strategies:
- Create compelling content that captures your audience’s attention
- Optimize your ads for mobile viewing to ensure they are accessible and engaging on all devices
- Use engaging visuals like app previews, screenshots, or demo videos to attract more installs
- Experiment with different targeting options, ad creatives, and channels by conducting A/B testing
- Use interactive features such as playable ads or in-app rewards to boost engagement
- Include clear and compelling CTAs to prompt users to install your app
- Improve your ad placement strategy to reach the right audience at the right time
- Continuously monitor and analyze performance data to optimize your campaigns
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