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I faced a similar issue last quarter. We adjusted our targeting and refreshed our creatives, which helped bring CPM down. Sometimes it's just about finding the right combination.
We've been running the same ads, but suddenly our CPM skyrocketed. The team is saying it's due to changes in the Facebook algorithm, but I'm not sure how much of that is true.
I faced a similar issue last quarter. We adjusted our targeting and refreshed our creatives, which helped bring CPM down. Sometimes it's just about finding the right combination.
Changes in algorithms do happen, but a 40% spike is significant. Have you looked into your audience targeting? Sometimes broadening or narrowing can impact CPM more than algorithm changes.
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