Rising CPM Costs on Facebook, WHY?!? (Data Provided)
My metrics have remained relatively constant, the only thing I changed was how much I spend per day.
Frequency is relatively flat at 1.1, CTR is around 3.5% and Conversion is around 16-18%.
Why would my CPM go up just for increasing spend? Is there any ways around this? Suggestions to combat the increased rates? Any help is appreciated!!
Day CPM Frequency CTR Clicks CV
Day 1 $6.09 1.015 4.383 388 17.5%
Day 2 $7.07 1.092 3.670 1175 19.3%
Day 3 $7.51 1.137 3.509 1631 19.8%
Day 4 $6.92 1.121 3.876 2129 19.0%
Day 5 $8.35 1.092 3.828 1741 15.8%
Day 6 $7.85 1.146 4.139 2372 16.9%
Day 7 $9.51 1.156 4.066 3130 16.9%
Day 8 $9.77 1.097 3.541 1605 15.8%
Day 9 $9.71 1.127 3.463 2231 14.6%
Day 10 $11.72 1.136 3.449 3364 17.0%
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