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As others have said, you should have decreased your CPC before increasing the budget. Because usually you shouldn't see a 300% rise in CPC from a high spend increase, I've seen increases of 25-30%. If you had dropped your CPC bid down to 50c; then you might have ended up with only a 30% CPC increase.

From now on, keep in mind that any drastic changes to the spending limit of a campaign should only be done in the wee hours of the new day. You never want Facebook's system to do a catchup since it will fuck you over.

Good thing though is that you should be able to drop your bid to about 50c right now, and wait for the new day to start, and your CPC's will be back to normal; and you'll be back to making green.

win

Yes set your budget extremely high if you want traffic

fail
 
It would also depend on offer payout and what the actual cpc cost was, but I think it's significant enough to get a very rough idea of how things are going to perform for 1 creative. It's obviously on the low end but usually for low payout leadgen after 20 dollars (depending on cpc) I have a decent amount of information to work with. Because 20 isn't too much my roi might change after another 30. 50-100 is what I usually spend and it seems to be a balanced amount to assess profitability (depending on how many clicks and imps I drive obviously. Sometimes 20 gets you no data, sometimes it gets you enough. If you don't convert once in 20 dollars spend with a 3 dollar payout offer do you think spending 100 dollars more will change your profitability significantly enough to warrant spending that much to test the same creative?). Perhaps I should have said approaching significant or barely so depending on a number of factors, as 10 dollars in Turkey or some shit country on FB can give you more than enough data.


The guy said he did 177k imps which is mainly what I had in mind as being significant.
 
why dont you just go into the 100+ page facebook thread instead of making a retarded thread. or theres always the thought of actually testing different variables rather than asking for your hand to be held on a forum

hey dumbass he said he was new.. Learn how to treat people you arrogant little prick..
 
hey dumbass he said he was new.. Learn how to treat people you arrogant little prick..

looking back at my previous posts, i was a overly harsh. we all have our bad weeks. regardless, its wickedfire, and he should have posted in the fb thread or posted in the newbie section.