Facebook ads price increases? · The Paid Ads Boardroom

Facebook ads price increases?

A while back I was running a couple ads on fb everything seemed fine but later on it seemed like the cpc just randomly increased, I remember one guy mentioning how his ads weren’t valuable anymore because they used to be around 0.06 per click and randomly out of nowhere just turned the be 0.3 is this still the case? Anyone know what caused this change? If it’s on purpose or not? As I heard from other people mentioning that their converting ads randomly stopped converting, which caused us to just switch to Google at the time but maybe considering going back to fb. Looking to hear any opinions

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Facebook ads price increases?