# Bidding Guides Use these guides for bidding and optimization. ### [Campaign budget optimization](https://developers.facebook.com/docs/marketing-api/bidding-and-optimization/campaign-budget-optimization) Bid strategy is the core function you choose to control your cost efficiency. Different bid strategies can affect your bids and your cost differently. ### [Optimized cost per mille ads](https://developers.facebook.com/documentation/ads-commerce/marketing-api/bidding/guides/optimized-cost-per-mille) Prioritize your marketing goals then automatically deliver ads towards these goals in the most effective way possible. ### [Cost per action ads](https://developers.facebook.com/documentation/ads-commerce/marketing-api/bidding/guides/cost-per-action-ads) Specify conversion events and get charged by the amount of conversions. ### [Reach and frequency](https://developers.facebook.com/docs/marketing-api/reachandfrequency) Bid on a predicted unique audience reach for your ads on Facebook and Instagram and control display frequency. ### [Bid multipliers](https://developers.facebook.com/documentation/ads-commerce/marketing-api/bidding-and-optimization/bid-multiplier) Bid multipliers enable you to reduce the amount of audience segmentation required because it allows you to maintain a nuanced bidding strategy within a single ad set with one targeted audience.