
Placement reporting shows where Meta delivered adverts, such as Instagram Reels, Stories, Facebook Feed or Audience Network. It helps identify creative-format problems and unusual spend patterns, but a cheap placement is not automatically better if it produces weak customers.
Placement rows use Meta's attribution model, so they do not prove that one placement caused every sale assigned to it. Compare trends over a meaningful period and check GA4 or store data where possible.
Record exclusions and the evidence behind them. Automatic placements often find efficient inventory, so permanent exclusions based on one short test can increase costs elsewhere without improving total results.
In Ads Manager use Breakdown, then By delivery, then Placement or Platform and placement. Read spend, results, cost per result and conversion value together, and do not treat a low-volume placement as a winner from one conversion.
This guide was checked against Meta Ads reporting help.
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