I remember checking Auction Insights after restarting a campaign because the CPC had suddenly increased. I found three competitors that hadn't even existed during the previous campaign. That explained everything. The account settings were identical, but the competition had completely changed.
 
One client insisted that Google Ads had "broken" their campaign after restarting it. After reviewing the account, I realized nothing was technically wrong. Their biggest competitor had launched a major discount campaign during the same week. Customer attention had simply shifted elsewhere.
 
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