Has anyone else noticed Meta ads CPM a lot recently? My campaigns have not changed much, but costs are almost double while performance is weaker. is this happening to others, or could I be missing something?
I think it is happening to a lot of advertisers. I usually check audience size, placements, and creative performance before changing the whole campaign.
From my experience, CPM fluctuations are normal, but a sudden jump usually means competition or audience saturation has changed. When that happens, I test fresh creatives and new audience segments instead of immediately increasing budget. Small adjustments often work better than a complete reset.
Same thing can happen when the audience becomes expensive or less responsive. I usually compare old vs new data and test fresh creatives before changing the whole campaign.
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