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Everything advertised on social media is overpriced junk

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Re: Everything advertised on social media is overpriced junk

#191
post #164

Earlier quoted context omitted.

I recently paid 10$ to access a site that reviewed keyboards. It for example let me listen to the typing sounds. I think a niche rewiev site can be a lucrative buisness.

Link? Does it test what happen if liquid splits on it? If F buttons work by default without Fn? How resistent is paint on buttons?

https://www.rtings.com/keyboard/

Re: Everything advertised on social media is overpriced junk

#192

Earlier quoted context omitted.

There's also the opposite strategy. Making a cheaper product of lower quality at lower costs. The better quality product loses sales and advantages of mass adoption, and often can go out of business. The lower quality product is now the dominant one in the market. The resellers can freely raise prices now, to match the better products price and greatly increase profits. The public is now stuck with a lower quality pr…

In the case of a dishwasher, I wonder how much environmental regulations factor into that. Modern dishwashers use less water for a cycle, but they also do a poorer job of actually washing dishes. So, what do you do? Prewash? Run multiple times? It's also concerning that the regulations on dishwashers are going to get tighter yet in the US if the certain organizations get their wish. Likewise with toilets. Low flow to…

Bosch dishwashers do a great job cleaning dishes. Only one cycle needed. You usually have to pay for quality if you want it.

Re: Everything advertised on social media is overpriced junk

#193
post #129

Earlier quoted context omitted.

Did you return it?

Don’t you know most returned products simply get destroyed?

I don’t think most is destroyed. I would think something like an electric razor that’s returned should be destroyed though.

Re: Everything advertised on social media is overpriced junk

#194

Earlier quoted context omitted.

You’ve clearly never worked in direct response marketing. The cost of customer acquisition vs lifetime value of a customer is terrible compared to traditional retail. In 2007, you could print money. In 2023, you’re most likely barely breaking even buying digital ads. The OPs thesis is quite correct. I’ve been in the space for 14 years and have tens of millions, if not hundreds, in DR adspend across multiple platforms…

I've been in the direct response industry as well for a while and kind of at a loss for what to do. Being a small time app developer and seller of random things. I can't afford these new CPMs, $15 - $50 is a LONG shot compared to 2019 and paying $3-5 CPM. Mind you I've spent close to $400k between Fb/Snapchat/Tiktok. What do I do now that these companies have shut me out? Anything I build I can't see a path forward o…

I think direct advertising for your products is a suckers game. You have to compete against everyone for ad spots, and there's always another company that has better margins who will outbid you.

I've had success with two strategies:

1) Maintaining a semi-popular Open Source project adjacent to my app. The website of the open source project mentions my paid app. It's free advertising that noone can outbid.

2) Word-of-mouth: My app is recommended by users to others. It's also free advertising, you just need to make a nice product...

Re: Everything advertised on social media is overpriced junk

#195

Earlier quoted context omitted.

I definitely agree there is a market for that, but the increasing problem is how consumers discover your product and sort through the trash heap of cheap alternatives. Google is useless these days for finding product reviews, Amazon largely just shows you keyboard-smash Chinese brands unless you already know what brand you're looking for, and legitimate review sites like Wirecutter have a hard time keeping up or cove…

Usually I spend time searching and reading comments on https://www.reddit.com/r/buyitforlife/ Till now it worked really nice for me.

Careful, Reddit is rumored to IPO later this year so they've been turning the enshittification screws. Expect to see less and less legitimate opinions, more and more corporate manipulation and ads, and likely a lot of LLM-generated astroturfing as the profit engine dials up to 11.

When you can find older stuff or well-reasoned opinions on Reddit, it's a goldmine. But sadly that doesn't justify the pricing Reddit's owners surely want to see in the IPO so it'll likely get crowded out by short-term profitable long-term garbage priorities.

Re: Everything advertised on social media is overpriced junk

#196

Just use any kind of adblocker (uBlock, NextDNS) and ads don't bother you anymore. I honestly never ever bought anything just beacuse of seeing ad. It simply never worked on me. Or targeting was just terrible. What frustrates me more is absence of quality of reviews of products that I think of buying. Usualy there are bunch of generic reviews that was clearly writen for money (cold be called ad) or without deep knowl…

This is unrelated to the article, but you presumably see ads outdoors? I hate it how the most interesting things to look at on the subway are advertisements. I should try to purposefully not look at them. I have a book with me a lot of the time but I find it difficult to concentrate on reading (or anything, for that matter) when I'm not somewhere quiet.

Try living in Vermont, Alaska, or Maine. No billboards, by law. Even signage for businesses is constrained.

Visiting NYC is a visual gorefest to me now. Honestly I would pay a decent price for AR glasses with billboard blocking built in.

Re: Everything advertised on social media is overpriced junk

#197

Earlier quoted context omitted.

Theres OPEC, theres Russia, theres Iraq, … These companies have margins >>20% whereas the advertisers barely break even.

> Theres OPEC, theres Russia, theres Iraq, … These companies have margins >>20% whereas the advertisers barely break even. How is oil & gas relevant to digital ads?

I was relating an example from oil oligopolies with the Ads market.

Social media making $$$ whereas the companies buying Ads barely breaking even is not equal to an “open efficient and free market” as the initial thread suggested.

Re: Everything advertised on social media is overpriced junk

#198
post #125

Earlier quoted context omitted.

It's an auction. The buyers are driving up prices until it's no longer profitable.

This is hard core wrong. Only the preferred buyers have access to the product that everyone wants to buy. They negotiate above and beyond the auction system and the platform obfuscates that by making it more difficult for the users who are not preferred and must participate and in the "free market" to tell why their ads perform poorly. Spoiler alert: it's because they are being sold garbage impressions while being sh…

Wow, that I did not know - but totally believe

Re: Everything advertised on social media is overpriced junk

#199
post #156

Earlier quoted context omitted.

I still have some old rockports. I do remember liking them. I don't remember any being particularly good at heavy use. Quite the contrary, last I tried them on, they were rather bad. Reminds me of trying converse shoes. Memory and age conspire to make things way different. Four miles is clearly me making up a rough number. My assertion is more that many of us do not have great walking posture or ergonomics. Note I am…

> Related questions, can you still squat with flat feet? Do you keep your back straight when picking up things? Not just lifting heavy things. When picking a dropped pen off the floor, what do you do? The bad experience with shoes has remained constant the past 10+ years through periods of good conditioning and not so good conditioning. I think my ergonomics are pretty good adjusting for age. Unfortunately I can't go…

Adjusting for age is the tough one. And good luck finding something that works for you!

Re: Everything advertised on social media is overpriced junk

#200
post #129

Earlier quoted context omitted.

Did you return it?

Don’t you know most returned products simply get destroyed?

I don't see that being a problem--they sold junk, and rightfully their profits will decrease because that junk was returned.

They wouldn't have this problem if they sold quality products.

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