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How to Read a Google Ads Report Without Being Misled

Clicks and impressions look good in a report. Here are the five numbers that actually tell you whether ads are paying.

A Google Ads report can be accurate and still misleading. The order in which numbers appear, and which ones appear at all, shapes what you conclude.

Key answer

Read a Google Ads report by starting with cost per lead or ROAS, then checking conversion tracking, search terms and lead quality. Clicks, impressions and click-through rate explain performance; they do not prove it.

Which Numbers Matter Most?

  1. Cost per lead or cost per acquisition
  2. Return on ad spend, using real revenue where possible
  3. Conversion rate from click to lead
  4. Lead quality: how many leads became customers
  5. Search terms spend on irrelevant queries

How Can Conversion Tracking Mislead You?

Conversion tracking misleads when it counts things that are not leads, such as page views, button clicks or duplicate form fills. Ask exactly which actions count as conversions. If the answer includes anything other than enquiries, calls or sales, the headline numbers are inflated.

Ask your agency to show you five recent conversions and match them to real enquiries in your inbox or CRM.

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What Should a Good Report Include?

A good report opens with results against target, explains what changed and says what happens next. It should name the campaigns that lost money as clearly as the ones that made it.

About the author

Sam Okafor, Head of Paid Media. Runs Google Ads and paid social against booked revenue, not clicks.

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