Intermediate

EPC: Earnings Per Click

Also known as: EPC, Earnings Per Hundred Clicks, Average Earnings Per Click

What is EPC: Earnings Per Click?

Earnings Per Click (EPC) is the average commission a partner earns for each click on their tracking link, calculated as total commissions divided by total clicks. It compresses traffic quality, conversion rate, and payout into a single comparable number.

EPC is powerful because it captures the whole funnel in one figure. A headline CPA tells you what a conversion is worth; EPC tells you what a click is worth after accounting for how well that traffic actually converts and qualifies. That makes it the fairest way to compare two broker programs or two of your own traffic sources side by side.

Key takeaways
  • EPC prices a click after conversion — the fairest program comparison.
  • A lower CPA with better conversion can beat a high CPA with poor conversion.
  • Confirm whether a quoted EPC is per click or per 100 clicks.
  • A sudden EPC drop on stable traffic flags a broken page or funnel.

Worked example: Broker A offers a $600 CPA but converts poorly — 1,000 clicks produce enough qualified clients to earn $500, an EPC of $0.50. Broker B offers a $250 CPA but converts brilliantly — the same 1,000 clicks earn $2,000, an EPC of $2.00. Despite the smaller headline number, Broker B returns four times more per click and is the stronger partnership.

Because EPC blends conversion and payout, it is also a fast diagnostic. If you swap a landing page and EPC drops from $1.80 to $1.10 on similar traffic, the new page is converting worse and costing you money on every click, even before you look at conversion-rate reports directly.

How it works

EPC is computed over a defined batch of traffic — a campaign, a landing page, or a program — by dividing the commissions that traffic generated by the number of clicks it delivered. Some networks report it per 100 clicks to avoid tiny decimals, so always confirm whether a quoted EPC is per click or per hundred before comparing.

Because it folds conversion rate, qualification rate, and payout into one number, EPC changes whenever any of those move. A better landing page, a broker with an easier trigger, or higher-intent traffic all push EPC up; ad fatigue, a harder trigger, or broader targeting pull it down. Watching EPC over time turns it into an early-warning gauge for the whole funnel.

  1. Pick the traffic batch

    Choose the campaign, landing page, or program you want to measure over a set period.

  2. Total the commissions

    Sum all commissions that batch of traffic generated in the period.

  3. Count the clicks

    Count total clicks the same batch delivered; confirm per-click vs per-100-click convention.

  4. Divide

    EPC = total commissions divided by total clicks.

  5. Compare and act

    Rank programs and pages by EPC, then shift budget toward the highest earners.

Why it matters for partnership: EPC is the truest benchmark for comparing broker programs and traffic sources, because it prices a click on real conversion — not just headline CPA. Optimize toward higher EPC and every click you buy or earn works harder.

Formula
EPC = Total Commissions Earned / Total Number of Clicks
Real World Example

A partner runs the same paid-search traffic to two CFD brokers. Broker A pays a $500 CPA but converts weakly, yielding an EPC of $0.60; Broker B pays a $280 CPA yet converts far better, yielding an EPC of $1.90. Shifting budget to Broker B roughly triples revenue per click on identical spend, without touching the ad campaign itself.

EPC vs CPA as a decision metric
Metric What it tells you Blind spot
CPA Value of one qualified conversion Ignores conversion and qualification rates
EPC Value of a single click after conversion Needs enough click volume to be reliable
Conversion rate Share of clicks that convert Ignores payout size

Pro Tip

Use EPC to A/B test landing pages fast — a drop on stable traffic exposes a page that is quietly killing your conversion rate before other reports catch it.

Common Pitfalls

Chasing the highest headline CPA without checking EPC, then discovering the high-paying broker's site converts so poorly that each click earns less.

FAQ

What is a good EPC in forex affiliate marketing?

There is no fixed benchmark — a good EPC is simply one that keeps your earnings per click above your cost per click on paid traffic. Compare it across your own sources rather than to an absolute number.

Is a higher CPA always better than a higher EPC?

No. A high CPA that converts poorly can produce a low EPC. EPC reflects real earnings per click, so it is usually the better comparison metric.

How many clicks do I need for EPC to be reliable?

Enough that conversions are not driven by chance — typically several hundred clicks minimum. Small samples produce volatile EPC figures.

Does EPC include unqualified leads?

EPC only counts commissions actually earned, so leads that never qualify pull it down naturally — which is exactly why it reflects true traffic value.

Why did my EPC drop after a page change?

A lower EPC on similar traffic usually means the new page converts worse or qualifies fewer clients. Roll back or retest before scaling spend.

Is EPC quoted per click or per 100 clicks?

Both conventions exist. Always confirm which a network uses before comparing, or you may misjudge a program by a factor of 100.

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