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FaceBook Ads: What is campaign budget optimization (CBO)?

By Romain Modard

Meta campaigns are highly complex and require an in-depth understanding of various technical parameters. These elements play a crucial role in the success of your campaign and can significantly affect your overall performance and results. Campaign budget optimization is one of them.

Controlling and regularly adjusting your campaign’s budget can help you allocate your resources effectively and maximize your return on investment. With the right technical characteristics, parameters and Meta’s Campaign Budget Optimization, you can optimize your advertising campaigns to achieve the desired results and stay ahead of your competitors.

How campaign budget optimization works

The use of campaign budget optimization allows you to choose to assign a global budget to your overall campaign instead of assigning a different budget to each set of ads. This approach offers greater flexibility in managing your spend on the ad sets most likely to generate the desired results for your campaign. This method allows you to better control your expenses by giving priority to the most performing results to improve the campaign’s results and increase ROI.

Follow these steps in order adopt this strategy:

  1. When creating an Advantage campaign, activate the Advantage campaign budget option.
  1. Choose between a daily or global budget for your campaign.
  1. Determine your desired budget amount.
  1. Select an appropriate bidding strategy for your campaign.
  1. Customize the delivery of your ads by defining a specific schedule for each set of ads only if you opt for a global budget.

There are various key benefits to using OBC. First, flexibility to adjust investments according to changes in the campaign, audiences or emerging opportunities. Then, you can also optimize the results and the costs by automatically adjusting budget allocation to favour the most performing elements. Furthermore, an additional advantage is the simplified management of campaign budgets. This allows advertisers to concentrate on strategic rather than operational aspects of the campaign.

It is recommended to follow best practices to be able to make the most of budget campaign optimization. Firstly, it is advisable not to prematurely discontinue ad sets that have limited circulation. Next, we recommend analyzing performance and results at the level of the campaign, to understand how the OBC influences overall campaign performance. Also, audience size can have an impact on spend allocation. And finally, it is advisable not to make too many superfluous changes to ad sets. This can lead to several returns in the learning phase which can affect your performance.

To optimize the distribution of your Facebook Ads, you need to follow the right practices. First and foremost, you should know your audience well and have a suitable budget to allocate to it. With Campaign Budget Optimization, you can get better results with low-cost campaigns. It is important to keep in mind that there are also other ways to optimize your placement budget on Meta platforms.

Questions to ask yourself?

  • How do you adjust your creatives or targeting with Campaign Budget Optimization?
  • What are the main benefits you attribute to using CBO for Facebook Ads campaigns?
  • How do you define a budget optimization campaign in your Facebook Ads?

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    Bibliography

    (n.d.). Set up Advantage campaign budget. Accessed 15 December 2023. Facebook. Online

    (n.d.). About Advantage campaign budget. Accessed 15 December 2023. Facebook. Online

    Degré. Guillaume. (2022, 26 August). Comment utiliser l’optimisation du budget de la campagne Facebook Ads ?. Accessed 15 December 2023. Noiise. Online

    Written by
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    Romain Modard

    Social media manager

    info@billy.social

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    2024-01-16T15:29:00-05:00