In July 2021, the average monthly cost-per-click (CPC) in Google Ads search advertising for the marketing and advertising industry in Mexico amounted to 0.8 U.S. dollars and was the highest among the industries presented in the statistic.
Search advertising
Mexico is the second largest search advertising market in Latin America, with a 2021 spending of 842 million U.S. dollars, trailing behind Brazil with nearly three billion. In Mexico, search advertising was expected to account for 32 percent of digital advertising, which would make it the second most important digital ad format after online video, trumping banner and social media spending, among others.
Digital advertising
Internet is the second most popular ad medium in Mexico, preceded only by TV. In total, digital advertising was expected to generate 2.8 billion U.S. dollars in expenditure in Mexico in 2021, which would translate into approximately 33.29 U.S. dollars of spending per internet user. In May 2020, in the midst of Covid-19 pandemic, industries investing most in digital adverting in the North American country were online stores, telecommunication companies as well as software.
Average monthly cost-per-click (CPC) in Google Ads search advertising in selected industries in Mexico in July 2021
(in U.S. dollars)
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Semrush. (September 8, 2021). Average monthly cost-per-click (CPC) in Google Ads search advertising in selected industries in Mexico in July 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved May 27, 2022, from https://www.statista.com/statistics/1114826/mexico-search-advertising-cpc/
Semrush. "Average monthly cost-per-click (CPC) in Google Ads search advertising in selected industries in Mexico in July 2021 (in U.S. dollars)." Chart. September 8, 2021. Statista. Accessed May 27, 2022. https://www.statista.com/statistics/1114826/mexico-search-advertising-cpc/
Semrush. (2021). Average monthly cost-per-click (CPC) in Google Ads search advertising in selected industries in Mexico in July 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: May 27, 2022. https://www.statista.com/statistics/1114826/mexico-search-advertising-cpc/
Semrush. "Average Monthly Cost-per-click (Cpc) in Google Ads Search Advertising in Selected Industries in Mexico in July 2021 (in U.S. Dollars)." Statista, Statista Inc., 8 Sep 2021, https://www.statista.com/statistics/1114826/mexico-search-advertising-cpc/
Semrush, Average monthly cost-per-click (CPC) in Google Ads search advertising in selected industries in Mexico in July 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/1114826/mexico-search-advertising-cpc/ (last visited May 27, 2022)