Earlier quoted context omitted.
The case I am making is I believe Google & Facebook mix "active" and "non-active" users to create an artificial stream of users such that paying by impression is always worst than CPC.
Sorry man, but you're not experienced enough to make these claims. Search, display, and social are entirely different channels and have completely different strategies. Display is for awareness, you shouldn't be trying to get clicks. You get charged for misclicks so maybe that's what you are seeing. But cpm bidding generally isn't for driving traffic anyways. Cpc is usually more expensive because it is way more targe…
Google and Facebook ad traffic is 90% useless
71–80 of 382 posts
Re: Google and Facebook ad traffic is 90% useless
#72Earlier quoted context omitted.
No, not with definitive certainty. However, the traffic volumes involved are low enough that I have a pretty good idea of how people that buy came to know about the product or came to visit the site for the first time. A high percentage of the time, they tell me. Never, ever have I heard, "Saw your ad on Google".
Not saying you're wrong but the goal of advertising is not necessarily a direct, short term effect of increase in sales. It could be brand recognition, which can be activated via subliminal messaging. E.g. "I heard of you before but I don't quite remember where". I'd also say that's good. If a customer found a product from a review site, that means the customer is an informed subject who is convinced they're buying t…
Nevertheless, some proceeds in the latter sphere must eventually be realised from the former, by means however diffuse...
Re: Google and Facebook ad traffic is 90% useless
#73Earlier quoted context omitted.
True. Early on when I used the Google Keyword tool it told me it could drive 400 clicks with a max bid of $0.50 per click. In reality I can get 10 clicks for $1.25 per click -- and that is when the conversion rate is an order of magnitude worst. For me that means I am paying 100X more than what I had expected.
Keyword tool covers the total market, not what you can expect to get. Quality score increases your cpc, and you'll never ever get 100% of clicks.
Re: Google and Facebook ad traffic is 90% useless
#74I really thought I was crazy when I thought that a 99% bounce rate is unreal, even for my highly specialised product sites which cater to a very niche audience. But I ultimately came to a similar conclusion; no matter what ads I come up with, it's money down the drain, and I've never had a single conversion that came through the door that way. I've spent untold thousands on paid ads. I learned a great deal about whic…
We, as users, have been oversaturated and desensitized. There is so much crap shoved in our faces, that we've learned over the years to ignore all ads. Speaking for myself, I have an almost visceral negative reaction with ads. I would (and do) pay dumb amounts of money for a service if that means I'm not served ads.
It has become so much of an issue that my advice on which antivirus to install has shifted from xxx to uBlock Origin. It's just basic computer hygiene, and I would really like if content creator would move away from ad network based advertising.
Re: Google and Facebook ad traffic is 90% useless
#75I see these posts all the time of DIY Adwords/FB and then a claim it doesn't work. This would be like me, a non-carpenter, trying to build a house, seeing how bad it looks and then claiming building materials suck. There is reason companies spend ~$70 billion on Adwords annually. So because Adwords/FB didn't work for you doesn't mean their traffic is 90% useless. And dont get me wrong, I completely acknowledge there…
at least one similarity to Poker, Daytrading, Daily Fantasy Sports
so with a more objective criticism, "the full story", new projects might nix these kind of ad campaigns from the budget and Facebook and Google will get one tenth of the revenue?
Re: Google and Facebook ad traffic is 90% useless
#76I really thought I was crazy when I thought that a 99% bounce rate is unreal, even for my highly specialised product sites which cater to a very niche audience. But I ultimately came to a similar conclusion; no matter what ads I come up with, it's money down the drain, and I've never had a single conversion that came through the door that way. I've spent untold thousands on paid ads. I learned a great deal about whic…
I don't know if big companies get special treatment, but as a small startup, these ad networks just don't seem to work at all.
Sometimes I feel that the reason why big companies advertise through Facebook/LinkedIn/Google is not to promote themselves, but rather, to bleed small competitors out of business by inflating the CPC/cost of acquisition for their industry.
Re: Google and Facebook ad traffic is 90% useless
#77I really thought I was crazy when I thought that a 99% bounce rate is unreal, even for my highly specialised product sites which cater to a very niche audience. But I ultimately came to a similar conclusion; no matter what ads I come up with, it's money down the drain, and I've never had a single conversion that came through the door that way. I've spent untold thousands on paid ads. I learned a great deal about whic…
The testimonials you have up from the Google and P&G employees are from stock photo sites. (I didn't reverse image search the others.) I'd consider fixing this.
Though your point is well taken, we need to find a better approach. People are sensitive about the topic.
Re: Google and Facebook ad traffic is 90% useless
#78And even if you buy ads on Google's own sites (like Youtube), the channel owners could hire bots to maximize their income.
Regarding Facebook, I don't know if there is any third party, maybe this is just people who clicked on ads accidentaly?
Re: Google and Facebook ad traffic is 90% useless
#79I really thought I was crazy when I thought that a 99% bounce rate is unreal, even for my highly specialised product sites which cater to a very niche audience. But I ultimately came to a similar conclusion; no matter what ads I come up with, it's money down the drain, and I've never had a single conversion that came through the door that way. I've spent untold thousands on paid ads. I learned a great deal about whic…
I felt the same when I tried LinkedIn ads... It doesn't even compare to a poorly targeted Reddit post. I don't know if big companies get special treatment, but as a small startup, these ad networks just don't seem to work at all. Sometimes I feel that the reason why big companies advertise through Facebook/LinkedIn/Google is not to promote themselves, but rather, to bleed small competitors out of business by inflatin…
Big companies' ad campaigns do have their weaknesses. Their keywords can be poached by small competitors. Well-known brands invite comparisons, e.g. "HipUpStart.io is a better $BIG_BOX_BRAND."
Re: Google and Facebook ad traffic is 90% useless
#80Earlier quoted context omitted.
We, as users, have been oversaturated and desensitized. There is so much crap shoved in our faces, that we've learned over the years to ignore all ads. Speaking for myself, I have an almost visceral negative reaction with ads. I would (and do) pay dumb amounts of money for a service if that means I'm not served ads.
What exactly is "dumb" amounts of money? If by dumb, you mean enough for authors to get by, then you are probably in the minority. People love talking about how much they hate ads, and how, no, they're not cheap, they would totally pay for content. Let's be honest - internet users are cheap. They want stuff for free. And if site A starts charging, they will jump ship to site B, until eventually it's a race to the bot…
There are 3 problems with this statement.
1) There is a lot of free content, easily found, and content gets more rapidly out of date nowadays. Paid content must deal with this (newsworthy, in depth competition).
2) Your view is US centric; the vast majority (read: not all) of internet users from other countries generally have less money to spend.
3) The cost of loss of privacy is indirect, therefore hidden, and US companies generally get away with it. This is why data mining is currently profitable.
In order to solve #3 shit must first hit the fan, to increase awareness. #1 is solved by collectively putting the high quality content behind paywall. #2 can in theory be solved by globalisation in long-term. Short-term, dynamic price makes sense, but it makes #1 & #3 worse.
Let me quote the rest of your statement:
> [...] They want stuff for free. And if site A starts charging, they will jump ship to site B, until eventually it's a race to the bottom.
Agreed, except for example for (local) newspapers who also provide online access as part of their sub. Global newspapers have more competition. Especially given the widespread English language.
> Ads seems to be the only model that works (thus far).
For Google, yes. For privacy, no. In apps on an unrooted Android device, yes. On recent iOS and desktops, no (the latter 2 due to ad blockers).
Also, streaming media such as Spotify proves a subscription in a new market (not newspapers) can work. Netflix proves it for video.
> And recently Mozilla's Brendan Eich is doing Brave, with bitcoin micropayments. I'd love to see it gain traction, but I don't see it going mainstream.
Not yet a final, stable non developer version released AFAIK. Also, Eich is no longer part of Mozilla.