Yes these do work still, but they require a lot of new ad sets being launched daily and a lot of ad sets will be paused too. It takes a lot of work to get to a campaign when the dust settles that is profitable but can be worth it when you’re new to Facebook ads.
Trying to dive into big daily budget campaigns is difficult for any newbie to the game. That’s where these come in handy. The video above explains what I’m talking about. These should be part of your arsenal of methods, not your only one. You can move onto bigger daily budgets and things like manual bidding later. Please post any questions you have.