Can someone explain this one to me?
Here's the scenario:
I'm testing two identical ads, only one is CPC and the other is CPM.
The CPC had a reach of 4,520, and there were 22 clicks.
The CPM had a reach of 4,844, and there was 1 click.
Difference in cost: CPC=$17.33, CPM=$2.89.
How can two identical ads running an hour a part get such different results? Can anyone explain this? Is it best to just go with Facebook's optimized option now vs manually bidding? This looks to me like a scam. Any ideas?
The Wisdom of Yoda
Twitter: @DaveVerney
"A bargain is something you donât need at a price you canât resist."
-Franklin Jones
The Wisdom of Yoda