● Media Buying Course · Day 6 of 20 · Week 2: The Levers

Budgets: who decides where the money goes

Week 1 gave you the foundation. Week 2 goes deep on the controls behind the three levers — five lessons, five settings clusters. First: budget - and the single biggest structural choice, who allocates it across your ad sets, you or the algorithm.

The decision that matters most

Daily vs lifetime is a detail. The real choice is where the budget sits - at the campaign level (algorithm allocates) or the ad-set level (you allocate). That single switch shapes how the whole campaign behaves.

1The big one: CBO vs ABO

🤖 CBO · Campaign Budget Optimization (now "Advantage+ campaign budget")
One budget at the CAMPAIGN level
Meta dynamically distributes it across ad sets in real time, pushing money to whichever is winning. You hand allocation to the algorithm. Pro: faster, more rational reallocation, less fragmentation. Con: less control; Meta may starve an ad set you believe in; harder to guarantee a fair test.
🎛 ABO · Ad Set Budget Optimization
A separate budget on EACH ad set
You control exactly how much each gets, regardless of performance. Pro: full control; guarantees fair, equal spend - ideal for clean testing. Con: more manual; you're a slower allocator than the algorithm; easy to fragment budget and trigger Learning Limited.

2Daily vs Lifetime budget

Now the small decision, cleared in 60 seconds.

For most always-on acquisition, use daily. Use lifetime when you have a fixed total and a fixed window (a launch, a sale).

3When to use which

🧪 ABO for testing
When each audience or creative concept needs guaranteed equal budget so the comparison is fair.
📈 CBO for scaling
Once you know what works, let the algorithm pour money into winners efficiently.

The modern default leans heavily CBO/Advantage+ - it aligns with the "fewer, broader, let-AI-decide" direction of the whole platform. Why? The system reallocates in real time on auction-level conversion signals you never see in your reports; you reallocate once a day at best, using yesterday's data. Connect it back: CBO helps an ad set cross the ~50-event threshold (Day 5) by concentrating spend, instead of three ad sets each stuck at 20.

Worked example · illustrative, your results will vary. Same €60/day, 3 ad sets:

SetupHow the €60 splitsWhat happens
ABO€20 each, fixed~20 events/week each → all three stuck Learning Limited
CBOalgorithm shifts ~€40 to the leaderleader crosses ~50 events → exits learning, CPA stabilizes
Analogy · managing a sales team's leads

ABO = you hand each rep an identical, fixed stack of leads and refuse to change it, even if one is clearly closing more. Fair test, but you knowingly waste leads on weaker reps. CBO = you funnel more leads to whoever's hottest today, automatically. More deals closed, less fairness - exactly right once you're past testing and into scaling.

▤ In Ads Manager · where budget lives
Advantage+ campaign budget ON (CBO)budget field at CAMPAIGN level
Advantage+ campaign budget OFF (ABO)budget field on EACH AD SET
Daily vs Lifetimedropdown next to the amount

The toggle is a switch on the campaign setup screen - flipping it later is a significant edit that can reset learning, so decide up front.

⚠ What people get wrong

(1) ABO with tiny per-ad-set budgets across many ad sets - the fastest route to Learning Limited everywhere. (2) Editing CBO budgets in big jumps, resetting learning each time. (3) Believing more control = better results. Against the algorithm, your manual allocation is usually worse. Control is for testing fairness, not for out-spending the machine.

Do this now · 5–10 min, no spend

Open Ads Manager and build a draft campaign so you see exactly where budget control lives. Nothing below spends a cent - just don't press Publish.

1Create a new campaign (Sales objective). On the campaign setup screen, switch Advantage+ campaign budget ON - notice the budget field sitting at the campaign level. That's CBO. If Ads Manager opens the streamlined Advantage+ setup instead, switch to manual setup first — the budget toggle lives in the manual flow.
2Switch it OFF and add a second ad set. The budget field moves - now each ad set carries its own. That's ABO. You just flipped the lesson's central switch.
3Open the dropdown next to the amount and flip between Daily and Lifetime - Lifetime asks for an end date. That's the fixed-window case.
4Close without publishing (or keep it as a draft). Write one line: which combination would you run for an always-on store, and which for a two-week sale?

Recap - 30 seconds

Day 6 · Week 2: The LeversTomorrow → Day 7: Bid strategies & cost controls — you decided where the money sits; next, how hard Meta is allowed to bid it.