Meta Advert Prices Had been Up in Q2 of 2024


Meta’s Q2 earnings are out, and there are a few sections which can be most related to advertisers…

Common Worth Per Advert

The typical worth per advert is up 10% worldwide yr over yr.

Average Price Per Ad

You might recall that advert prices had been dropping in 2022 and 23, however that pattern has reversed. Issues had been fairly flat in This fall final yr earlier than being up 6% yr over yr in Q1.

We see comparable developments within the US and Canada.

Average Price Per Ad

In the meantime, Europe’s advert value will increase have been extra pronounced.

Average Price Per Ad

Common worth per advert is lastly up yr over yr in Asia-Pacific (4%) — it was down 22% a yr in the past.

Average Price Per Ad

The prices proceed to climb in the remainder of the world, the place it’s now up 24% versus a yr in the past.

Average Price Per Ad

Advert Impressions Delivered

These will increase coincide with a flattening of advert impressions, which had been additionally up 10% yr over yr worldwide.

Average Price Per Ad

Pushed largely by new placements and Reels, advert impressions had been manner up in 2023. However these will increase have dropped each quarter since.

These developments look a lot the identical within the US and Canada and in Europe.

Ad Impressions Delivered

Advert Income

All of that is taking place whereas Meta’s advert income is up over 21% yr over yr. Regardless of a number of forces which have disrupted promoting the previous few years, Meta’s advert enterprise continues to thrive.

Meta Ad Revenue

Have you ever seen a rise in CPMs or total advert prices?

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