New pixel, 5 visits, 2 sales… but a CPM of €80 😡
Hello everyone,
I launched a Meta Ads campaign in the UK with broad targeting, a pixel installed just one day ago, and a total budget of €100 for the day.
So far, I've spent around €40 for a revenue of €180, with 2 sales from only 5 visits to my website. The ROAS is therefore good, but my CPM is around £80, which seems very high to me.
Have you ever encountered such high CPMs in the UK, especially with a brand new pixel? Is this normal at the beginning, or should I test other ad creatives?
Thanks in advance for your replies.