Meta Ad Feedback Needed - New Ad Account
Hi All,
I am running ads in the AI/Education niche, and CPM is crazy high. It is between $160-$200. The ad account is quite new. I did get 3 purchases running ads for 5 days (no purchases for the past 2 days). I am not negative in spending, but almost getting there.
I am targeting the broad US market, no other rules, 4 ads in 1 ad set. Is the high CPM normal for new accounts? CPC is between $2-$2.50. I tried different strategies, but no luck so far. The only way I got these lower was by targeting Worldwide.