Hi there,
It's not as easy to answer your question as you might imagine!
Whether it's good or bad depends upon your industry, how much a customer acquisition is worth to you, whether you're targeting the right keywords and plenty of other factors.
If you want to provide a few more specifics then I'll try and give some more detailed advice (I've been using Adwords since 2002, so I do have a fair bit of experience!)



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