Which channel brings the customers who pay?
Rank marketing channels by the buyers they bring instead of visits, with first or last touch, revenue per channel, campaigns and Google Ads cost per buyer.
Short answer
Cost per buyer is a campaign's spend divided by the people it brought who paid. MIRA FIVE imports your Google Ads spend per campaign and day, joins it to visits by utm_campaign or gclid, and shows cost per buyer beside ROAS for every campaign.
You pay Google every day, and Google tells you what each conversion cost. What you want to know is what each paying customer cost, and which campaign found them. That number is cost per buyer, and MIRA FIVE shows it for every Google Ads campaign, next to ROAS.
Cost per buyer is a campaign’s spend divided by the buyers it brought. A buyer is a person who bought in the period, counted once however many orders they placed.
In the sample shop, Acme Shop, Google Ads cost €312.40 over the last 30 days and brought 41 buyers: €7.62 per buyer. Those buyers spent €2,870, a return of 9.2 times the spend.
It counts people who paid instead of conversions Google recorded. Google Ads calculates cost per conversion by dividing total cost by its Conversions column. That column can include modeled conversions, a conversion action set to count “Every” counts each purchase, and a conversion is reported on the date of the ad click.
| Cost per conversion (Google Ads) | Cost per buyer (MIRA FIVE) | |
|---|---|---|
| Divides spend by | The conversions Google counts | The people who bought |
| A customer with two orders | Two conversions with “Every” counting | One buyer |
| Where the purchase comes from | Google’s conversion tracking, partly modeled | Your own purchase event, such as a paid order your server sends |
| Which period it lands in | The period of the ad click | The period of the purchase |
Neither number is wrong; they answer different questions. MIRA FIVE imports the conversions Google reports too, and each campaign’s details show them beside cost per visit and cost per buyer.
Connect Google Ads under Data → Sources, and spend, clicks, impressions and conversions arrive per campaign and day. MIRA FIVE matches each paid visit to its campaign in one of two ways:
utm_campaign, when the link names the campaign’s name or ID;gclid that Google’s auto-tagging adds to every ad click.The visit then carries the campaign to everything the person does later, up to the purchase. Buyers and revenue go to the last outside visit before the purchase, and one switch credits the first visit instead. Here is the sample shop’s Google Ads screen for the last 30 days:
| Campaign | Spend | Clicks | Buyers | Revenue | ROAS | Cost per buyer |
|---|---|---|---|---|---|---|
| Shopping · merino | €151.60 | 588 | 19 | €1,310 | 8.6× | €7.98 |
| Brand search | €84.20 | 402 | 17 | €1,240 | 14.7× | €4.95 |
| Performance Max | €76.60 | 214 | 5 | €320 | 4.2× | €15.32 |
| Google Ads | €312.40 | 1,204 | 41 | €2,870 | 9.2× | €7.62 |
Brand search brings buyers cheapest, at €4.95 each. Performance Max costs €15.32 per buyer, twice the average, and is the campaign to question first.
ROAS, return on ad spend, divides the revenue a campaign brought by its spend. MIRA FIVE only divides amounts in the same currency. Cost per buyer tells you what a customer costs; ROAS tells you whether their orders pay that back. Read them together: a campaign with a low cost per buyer and a low ROAS brings many small orders, one with a high cost per buyer and a high ROAS brings few large ones.
Both rest on the revenue your purchase goal reads from your events. Margin, refunds and tax stay with your shop or billing system.
It finds the visits and the spend that did not meet. A paid visit that MIRA FIVE cannot match to a campaign takes its buyers with it, so that campaign’s cost per buyer looks higher than it is. The Campaign tracking panel shows the share of paid visits matched to a campaign and lists what is missing:
utm_campaign={campaignid};Fix those, and the buyers land on the campaign that paid for them.
revenue property, from your server where you can, and create a purchase
goal for it. The guide to setting up a purchase goal walks
through it.Rank marketing channels by the buyers they bring instead of visits, with first or last touch, revenue per channel, campaigns and Google Ads cost per buyer.
Set up conversion tracking with a purchase goal, revenue read from your events, one total per currency, and the time from first visit to paid plan.
First touch credits the channel that found a customer, last touch the one that brought them back. When to use which, with one worked example.