Struggling with Expensive CPM – Tips for Lowering Costs?

Hello brothers on the forum

Currently, I am having a problem related to CPM (Cost per Thousand Impressions) advertising. I have tried running CPM campaigns for the past 2 weeks but the cost is too high compared to the efficiency. Has anyone here ever encountered a similar situation? I find it quite difficult to optimize costs while maintaining the effectiveness of the campaign.

I'm working with a number of major ad platforms and have tried adjusting factors such as target audience, ad type, and ad duration, but haven't seen a noticeable change yet. We look forward to sharing experiences and solutions from people who have experienced this problem.

If anyone has ever been successful in reducing CPM costs while maintaining campaign quality, please share it with me!

Thank you everyone for reading and hope to get some useful advice from you!

We wish everyone success with their campaigns.
CPM increases due to 2 factors: 1 is Facebook 2 is your campaign. Please review both issues when CPM increases.
 
I think CPM will depend on 3 factors
- Industry
- Content
_customer file
 
I’ve dealt with high CPM costs too. One thing that worked for me was refining audience targeting and trying different ad creatives. Also, switching your bidding strategy to "Lowest Cost" can help reduce costs without losing quality. Just keep testing and tweaking it takes a bit of trial and error, but you'll get there!
 
You should target your customer file a little wider, because the number of customers that Facebook searches to display for you is not enough and difficult to find, so the cost is so high, you should try again.
 
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