Facebook - max bid or auto?

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Did my first Facebook marketing campaign and it asked if I should manually set my bid rate or let it automatically set it. I let it go automatically. First 12 hours or so it was around $2 each, now at $1 each after 48 hours. Should I have set a manual amount instead?

I'm in a specialized niche market where items start in the low $400 range and go up to $6000. My goal was to drive new customers to the site.
#auto #bid #facebook #max

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