I had two ads running, both optimized for CPM to get likes to my page.
I was averaging less than 3 cents per like for the first 12 hours of the day, with about 50% of my budget left to go.
Then in the late afternoon, in the span of an hour, FB uses the other 50% of my budget and gets me a cost per like of 50 cents. This is with a CTR of over 2%. I didn't touch anything all day - didn't mess with the budget or anything.
What the hell am I missing here?
I was averaging less than 3 cents per like for the first 12 hours of the day, with about 50% of my budget left to go.
Then in the late afternoon, in the span of an hour, FB uses the other 50% of my budget and gets me a cost per like of 50 cents. This is with a CTR of over 2%. I didn't touch anything all day - didn't mess with the budget or anything.
What the hell am I missing here?