Facebook Ads Bid Strategies: Lowest Cost, Cost Cap, Bid Cap
Jon Loomer
OCTOBER 12, 2021
Facebook advertisers can use bid strategies to help control how Facebook spends your budget in the ad auction. The primary bid strategies are as follows: Lowest Cost. Lowest Cost. Lowest Cost is the default bid strategy, and it doesn’t involve any effort at all. You don’t care about the Cost Per Action.
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