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As a person who buys ads on Twitter and Facebook, I really need them to step this up. It is killing customer acquisition costs when the majority of clicks come
by jermaustin1 8y ago
As a person who buys ads on Twitter and Facebook, I really need them to step this up. It is killing customer acquisition costs when the majority of clicks come from fake accounts.
- briandear 8y agoWe stopped our (tiny) $1500 per month Facebook campaigns for exactly that reason. So scammy: we pay real money for a bunch of bots to “engage.” Until robots start buying our product, I won’t be buying ads where bots are the largest source of engagement.
- gowld 8y agoWhat's wrong with even 99% robot engagement is 1% human engagement pays the bills?
- sidlls 8y agoPeople don't normally knowingly pay $1 for a penny's worth of value. Think of it like a bucket of apples. If I charge you a price based on 100 real apples and give you a bucket that only has one real apple in it that's basically fraud. Doesn't matter if that one apple is delicious.
- citrablue 8y agoHowever, since it's auction based, if you were getting real clicks, the cost would be significantly higher than $1. I'm not sure how it's a penny's worth of value, given that the price includes the market's best guess as to the value of the mix of valid/fraudulent traffic.
- JacobJans 8y agoI regularly see comments like this about Facebook's ad program. Personally, it strikes me that there was no tracking of ROI in the first place -- and if you can't reliably track ROI, why were you spending $1500? If you're spending $1500, but getting great ROI, then fake engagement would be no reason to stop the ads.
- jermaustin1 8y agoPeople are tracking ROI, and constantly testing new targeting parameters to keep eking out a few more points of ROI. A lot of Facebook Ad spend is experimental (especially at that low of a price). There used to be a time when you could get real engagement for pennies each and build up a following of real people based on a few ads then not have to spend anymore and go off your organic growth and audience. Now the second you stop the ad spend your engagement drops to nothing.
- gowld 8y agoSurely Twitter would raise their price per click when they increase the average quick quality. Caring about the value per click is ridiculous for a customer -- you should be willing pay whatever rate you think is is worthwhile for the aggregate value of the traffic you see, a number determined by experimentation.
- jermaustin1 8y agoFor sure, but I can't control the quality of the click. I'd be willing to pay a lot more per click if there was any realness to it.