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Isn't it the advertisers' job to measure the quality of the channel? Or does this kind of advertising have an intangible outcome like brand awareness?
by honkhonkpants 10y ago
Isn't it the advertisers' job to measure the quality of the channel? Or does this kind of advertising have an intangible outcome like brand awareness?
- teen 10y agoHow do you measure video watched on their platform? You can't since they host the video.
- aianus 10y agoYou measure the change in your sales while the campaign is active. That's the only relevant metric anyways.
- ethanbond 10y agoWhich is affected by about a billion other metrics, like if it's sunny out. Attribution is the fundamental problem of advertising, and getting closer to solving it is Google and Facebook's value proposition. This indicates that they are not nearly as helpful in solving it as they have been claiming since they've been providing bad inputs for their customers to do analysis.
- aianus 10y agoIn order for this to be a real issue, customers must be incapable of attributing sales to advertising campaigns but somehow capable of attributing them to seconds of video displayed. Doesn't make sense.
- ethanbond 10y agoYes it does, because getting accurate numbers from Facebook is a key part to calculating either of those things. You definitely can't do it with certainty, but you would hope the entity you're paying to record the data necessary to get as close to possible would in fact be an accurate source of said data.
- aianus 10y agoIf you are incapable of measuring the overall ROI of, say, a YouTube campaign vs. a Facebook campaign, then you are also certainly going to be incapable of determining the ROI of an X second average viewing time on Facebook vs. a Y second average viewing time on YouTube. Therefore both the true and reported values of X are completely irrelevant because you are incapable of using them. Please explain how the above reasoning is incorrect.
- pbhjpbhj 10y agoThat works for impulse buys online I expect; doesn't seem useful beyond that. If you're running a one day festival you can have fantastic ad response - but if it rains the visitor figures are rubbish. That's when you rely on metrics like bounce/view period to decide if your advertising worked.