CPM 250+ USD
Hi everyone! I am running ads for a brand that targets women over 60. They sell home workout programs. At the ad set level, I set the target to women aged 60+. Leaving no targeting on the interests.
The average CPM is 250 USD or more, and the click-through rate is 4-6%. The average CPC is 4 USD.
With these numbers, the brand is barely breaking even. How can I improve the CPM so I can get good traffic at a better cost?
Why am I getting these insane CPMs?
Thank you in advance for your help!