Story 1 · the fight
Facebook CPC fell 14% to sixty cents while traffic CTR rose 13%
The question is whether the improvement comes from Meta's auction getting better or from everyone else pulling budget to test ChatGPT and AI Max.
I think this is selection bias dressed up as platform performance — the brands still spending on Facebook in 2026 are the ones who already have their creative and targeting dialed, so of course their CTR is up.
Or the auction actually got less competitive because a chunk of the market moved budget elsewhere, which means the sixty-cent CPC is real and you should be buying it before everyone notices.
Where it breaks: Is the CPC drop a signal to increase Facebook spend, or proof that the audience left behind is worth less?
- Facebook ad costs fall as traffic and lead performance improves: Report · searchengineland.com“Facebook ad performance improved in 2026, with traffic CTR rising 12.87% to 1.93% and CPC falling 14.29% to $0.60.”