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Did Facebook Ads CPM Go Up This Holiday Season?

Jon Loomer

Historically, the average CPM (Cost Per 1,000 Impressions) has increased for Facebook advertisers during the holidays as competition for eyeballs and ad spending increase. Prior to 2020, advertisers routinely saw CPM costs double, triple, or more during the most competitive times. Absolute CPM. Why Aren’t CPMs Going Up?

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Will Facebook Ads CPM Costs Increase This Holiday Season?

Jon Loomer

In particular, will Facebook ads CPM costs increase? Let’s discuss how CPM impacts Facebook advertising results and the trends that we are seeing so far… Why CPM Matters. Let’s discuss how CPM impacts Facebook advertising results and the trends that we are seeing so far… Why CPM Matters.

CPM 188
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The Holidays and the Seasonality of Facebook Ads CPM

Jon Loomer

As a Facebook advertiser, you must understand the seasonality of competition and CPM (Cost Per 1,000 Impressions). The Seasonality of CPM. CPM — the cost to show your ad to your desired audience — is driven by several factors. Competition, of course, is the primary factor that gets amplified during the holidays.

CPM 209
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When to Create Multiple Ad Sets

Jon Loomer

You need to target multiple countries that have different CPM costs. This is less of an issue when optimizing for a purchase, but you should separate countries by CPM cost groups otherwise. This would be temporary, of course. Exceptions But there are exceptions. Sometimes, there’s no way to avoid it.

CPM 144
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Effective Meta Advertising: Key Metrics Simplified

Jon Loomer

Of course, it’s not necessarily what you are optimizing for. Examples of secondary metrics can include: Cost Per Link Click (CPC) Click Through Rate (CTR) Cost Per 1,000 Impressions (CPM) Cost Per Add to Cart All of these metrics have an impact, but we can be misled by that perceived impact. Instead ask why your CPM went up.

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What Are CPMs Doing Right Now?

Jon Loomer

I shared yesterday that increased holiday CPM is no longer automatic. CPMs actually dropped last Q4. Within curated CPM data from their partners, consisting of Fortune 100 companies. According to their charts, CPMs were way down year-over-year during October. But that’s all about what happened in the past.

CPM 141
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How Competition Impacts Facebook Ads Costs

Jon Loomer

But that, of course, isn’t realistic. This only refers to the cost to be shown, of course, and not whether your ads are attracting your desired actions. Competition and CPM. One important metric to monitor related to the rise and fall of competition is CPM (Cost Per 1,000 Impressions).

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