Anyone else seeing a massive RPM drop on Swedish traffic today (March 29)?
I run sites targeting both Sweden and Denmark. Today Sweden RPM dropped ~70% compared to the last few days. Denmark is completely unaffected, same account, same ad setup.
Key data points:
- CTR is identical to normal
- CPC/CPM tanked
- Danish traffic on the same account is fine
- RPM was actually higher than usual in the days leading up to today
My theory is end-of-Q1 budget exhaustion hitting the Swedish ad market specifically, but I've never seen it this dramatic before. The high RPM earlier this week could have been advertisers burning through remaining Q1 budgets before they ran out.
Anyone else running Swedish traffic and noticing the same? Curious if this is widespread or isolated.