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Why is my total cost £213 after one day when my daily budget it £5!?

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Visitor ✭ ✭ ✭
# 1
Visitor ✭ ✭ ✭

I set up a simple add for YouTube just to test the waters over a 2day period with a £5 daily budget, but after not even 24hrs the total cost is saying £213? whats the deal with that!?
Can anyone help me with this please.

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Accepted by topic author Ungoverned R
January 2017

Re: Why is my total cost £213 after one day when my daily budget it £5!?

Top Contributor
# 2
Top Contributor

Hi @Ungoverned R don't panic, Video Ad spend is often inaccurate for very recent data; you'll find this figure will be amended to something closer to your daily budget within the next day or so.  AdWords will never charge you more than 20% over your specified daily budget on any given day, and never more than your budget for the whole month on a billing cycle.

 

Jon

AdWords Top Contributor Google+ Profile | Partner Profile | AdWords Audits

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Marked as Best Answer.
Solution
Accepted by topic author Ungoverned R
January 2017

Re: Why is my total cost £213 after one day when my daily budget it £5!?

Top Contributor
# 2
Top Contributor

Hi @Ungoverned R don't panic, Video Ad spend is often inaccurate for very recent data; you'll find this figure will be amended to something closer to your daily budget within the next day or so.  AdWords will never charge you more than 20% over your specified daily budget on any given day, and never more than your budget for the whole month on a billing cycle.

 

Jon

AdWords Top Contributor Google+ Profile | Partner Profile | AdWords Audits

Why is my total cost £213 after one day when my daily budget it £5!?

Visitor ✭ ✭ ✭
# 3
Visitor ✭ ✭ ✭

Thanks Jon, My heart skipped a beat when i first saw it haha. That's cool thanks for your quick reply and information.