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Telegram Ads Benchmarks: What Click-to-Subscribe Conversion to Treat as Normal in E-commerce and Real Estate

Average CPM, CTR, and subscribe CR norms from 120+ campaigns in e-commerce and Real Estate across CIS and Turkey markets.

When scaling ad budgets in Telegram Ads, digital marketers and investors often lack reliable industry data. Without average market metrics (benchmarks), it is impossible to objectively evaluate a contractor, calculate unit economics, and forecast return on investment (ROI).

Experts at our Telegram Ads agency analyzed internal data from more than 120 large campaigns in e-commerce (online retail) and real estate on CIS and Turkey markets. In this study we share exact metrics: average CPM, CTR, and click-to-subscribe conversion norms (subscribe CR).

What subscribe CR is and how to calculate it

In the Telegram Ads ecosystem the basic funnel looks like this:

Impressions → Clicks → Subscribe / Bot start (Conversion)

Formula for subscribe CR (Conversion Rate):

Subscribe CR = (Number of new subscribers in the period ÷ Number of ad clicks) × 100%

Metrics apply to the official Telegram Ads account when targeting via Euro and TON accounts — see Account Currency and Agency Account.

Comparative analysis: e-commerce vs real estate

Summary efficiency table for official Telegram ads across two key verticals based on agency analytics.

Efficiency metricE-commerce (CIS and Turkey)Real estate (CIS and Turkey)
Average CPM €1.50 – €3.50 (TON) / €2.00 – €4.50 (Euro) €4.00 – €8.00 (TON) / €6.00 – €12.50 (Euro)
Average CTR 0.85% – 1.60% 0.40% – 0.95%
Norm subscribe CR (channel) 12% – 22% / >25% excellent 8% – 15% / >18% excellent
Norm activation CR (chatbot) 20% – 35% 15% – 28%
Target action at the end Purchase on site / order in bot Property shortlist request / consultation

Vertical 1: e-commerce

In e-commerce Telegram is used as a full trading platform thanks to Telegram Web Apps (Mini Apps). Audiences in Turkey and CIS gladly subscribe to brand channels for closed sales, promo codes, and trend reviews.

What conversion is considered normal

What subscribe CR depends on in e-commerce

Vertical 2: real estate

Real estate is a niche with a long sales cycle and high lead cost. Here Telegram Ads attracts solvent investors and premium housing buyers (especially relevant for relocators in Turkey and buyers in CIS capitals).

What conversion is considered normal

What CR depends on in real estate

How to raise click-to-subscribe conversion

If your current CR is below market benchmarks, implement the following steps:

FAQ: frequently asked questions

What CTR is considered good in Telegram Ads in 2026?

For broad topics (Target Topics), a normal CTR is in the 0.5%–0.8% range. For precise targeting on specific competitor channels (Target Channels), a good result is CTR from 1.2% and above.

Why does subscribe conversion drop while CTR stays stable?

This is the main sign of mismatched expectations (clickbait). The ad copy promises one thing (“Download a free catalog”), while on the landing the user sees aggressive sales or outdated content.

Where is conversion higher — in Euro accounts or TON accounts?

Account type does not directly affect landing conversion. However, Euro accounts support manual moderation and direct links to external sites, which is critical for e-commerce with ready website infrastructure. TON accounts are optimal for messenger marketing (inside Telegram). WORLD format breakdown — in the Euro WORLD account guide.

Need a CR and unit-economics audit for your campaigns?

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