I don't think most Meta advertisers actually know why their campaigns work anymore.
And honestly, that's the scariest part. I've spent years building nurture sequences that rely on steady ad performance, but lately it feels like the ground shifts every single day.
One day an account looks healthy. Next day CPMs explode. Same creatives, same targeting, same offer - suddenly nothing converts.
Then everyone jumps in with the usual suspects: "creative fatigue", "bad hooks", "weak landing pages". But after lurking in way too many advertiser threads recently, I'm starting to think most people don't actually believe that anymore.
Half the industry has turned into superstitious ritualists. Cost cap tricks, duplicate campaigns, segmented events, flooding the pixel with AI variations, moving budgets between accounts at 2am like it's some kind of occult practice. Sometimes it works. Until it randomly doesn't again.
The weirdest part? How normalised this has become. Imagine running any other business system where performance swings overnight, nobody can explain why, updates hit production with zero transparency, and scaling breaks before campaigns even stabilise. People would call that infrastructure instability. In Meta ads, we just call it media buying.
Here's the thing that really gets me: more and more advertisers are quietly preparing exit plans instead of trying to scale harder. Budget shifting to Google, more focus on owned channels, people saying they'd literally pay just for predictability again.
The real pain point isn't ad creation anymore. It's trust.
Or maybe I've just been reading too many Facebook Ads threads lately.