I have a campaign with a $50 budget set. I have 5 ad sets, each with a difference audience variable. I then have different 4 creatives in each ad set. So in total have the same 4 ads appearing 5 times.
When I look at the creative report I see this:
Creative 1 = 42,712 impressions, 381 clicks, 1.28% CTR
Creative 2 = 107,082 impressions, 884 clicks, 0.92% CTR
Creative 3 = 15,824 impressions, 104 clicks, 0.88% CTR
Creative 4 = 667 impressions, 10 clicks, 1.95% CTR
My questions is, why is creative 4 getting so little traffic? yet it has the best CTR. I Feel like it's impossible to judge how well this creative(4) is doing because it's been allocated such a tiny percentage of traffic and share of the budget. Why does FB do this?
It has to do with the audience sizes. Facebook distributes the ad budget taking this into consideration and it even warns you before publishing a campaign.
Not sure how all the other metrics look like, but the CTR seems to be on a lower end. I mean I would cut anything under 2% as a rule of thumb.
Facebook automatically allocates spend to the ads which it thinks will best deliver on the ultimate objective you've set for the campaign, which isn't necessarily CTR.
If you really want to force spend to an ad, pause the other low performers in the ad set. However it's common that you might find that CTR goes down with more impressions - or even that the ad still refuses to take spend as Facebook's algorithms can't find audiences for that creative on your objective.
In general make sure your objectives are set correctly and then lean into ads that are scaling spend AND getting you an acceptable outcome for the ultimate objective you really care about. This won't necessarily be the ads with the best CTR.