Holiday Participation and Meta CPM Exposure During Black Friday Week
Across 41 Meta accounts (2023–2025) from clients sampled of various industries, Non–Holiday Participants—accounts whose Thanksgiving–Cyber Monday daily spend was not ≥10% above early November—still saw spend-weighted Black Friday CPM +48.6% vs early November. Holiday Participants saw larger pooled lifts (+184.7% on Black Friday). Sitting out the holiday push does not avoid auction-price inflation.
BibTeX
@techreport{darwiniq2026holidayparticipantcpm,
title = {Holiday Participation and Meta CPM Exposure During Black Friday Week},
author = {{Darwin IQ Labs}},
year = {2026},
institution = {Darwin IQ Research Index},
number = {112},
url = {https://darwiniq.com/research/studies/2026-holiday-participant-cpm}
}