The solution here to increase ROI and reduce costs is just as simple. Find a way to reach your targeted audience with a lower cost. Easily said than done of course because it requires either a dedicated individual or a team to sift through huge amounts of data to find a common link to reach these audiences in an alternate manner. And unfortunately we are also limited by our bias, experience and the need to sleep as well (no 24/7 team to be practical).
Hence, we came up with a self-learning software with artificial intelligence to help businesses analyze their ads data and execute the campaigns 24/7 all by itself.
Here's a simple example. Instead of targeting men for a sports subscription channel, if we analyze the data we should be targeting women instead because they make the household purchasing decisions. That way, you are not competing with traditional bias and assumptions.