How to Use the Calculator
- Enter your total marketing spend in dollars
- Enter the total number of installs you've received
- Select the time period that corresponds to your data
- Click "Calculate" to see your cost per install
Understanding Cost Per Install (CPI)
Cost Per Install (CPI) is a critical metric that measures the average cost of acquiring a new installation for your app, software, or product.
Formula
CPI = Total Marketing Spend / Total Installs
Interpreting Results
- A lower CPI indicates more efficient marketing spend
- A higher CPI suggests opportunities for optimization
- Compare your CPI with industry benchmarks to assess performance
Practical Applications
This calculator can help you:
- Compare the effectiveness of different marketing channels
- Track performance over time to identify trends
- Budget more effectively for future campaigns
- Make data-driven decisions about marketing investments