CTR stands for Click-through-rate.

Uttered in a percentage, a click-through-rate refers to the number of clicks related to the number of impressions.  For example, let’s say that 2 people clicked on your banner out of 100 impressions — this would mean that your banner has a CTR of 2%.  

Knowing something's CTR is a way of measuring the success of a campaign.

For additional terminology and key performance indicators for measuring success, please see:

All about Media Buying  Part 2 - Traffic Monetization

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