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zenincognito | 2 years ago
Business is booming. Not exactly dying as indicated here in the HN circles because obviously HN crowd is much further ahead in the curve. SEO is still the number one opted channel by most ecommerce stores because keywords like "red party dress" or "green shoes" are still immensely more valuable and bring ton of revenue every day.
Ofcourse, Google is trying hard to monetize every little real estate but still a ton of keywords don't have any advertisers at all. Optimizing for these has been the number#1 revenue maker in the past 3 years.
The other aspect of this the "paid ads" also immensely valuable to advertisers. We have people spending 3 million dollars a month on paid ads returning 8X ROAS. Google & FB are still the most lucrative channels for ecommerce.
soneca|2 years ago
preommr|2 years ago
Do you actually think this or is this just a polite way of saying lots of HNers are out of touch?
gretch|2 years ago
Michael Burry: I may have been early but I'm not wrong
some exec: It's the same thing!
I believe that a lot of HN posts are probably "right", but they are so far in the future and so non-applicable to day-to-day life, that it's indistinguishable from wrong. For example, everyone predicting Google is going to end - yeah all great companies eventually come to an end - if you want to be insightful, you actually have to be on time with it.
snowwrestler|2 years ago
That said, a lot of different thinking ends up not going anywhere. Only time will sort out the difference.
I will say I agree with the above comment about the current viability of SEO. It’s still very effective. Google is still very heavily used.
One thing to keep in mind is that while organic search might be slipping, other things are slipping at least as much. The slow death of 3rd party cookies is eating away at ad network efficiency. Organic social media reach depends increasingly on influencers, which is a highly fractured and opaque marketplace (inefficient at scale). Email is effective but getting email addresses remains difficult. Trust in press and institutions (aka earned media) is way down. It’s hard out there for marketing!
zenincognito|2 years ago
userinanother|2 years ago
wkat4242|2 years ago
I've stopped using Google altogether for things I want to buy. I only search directly in the shops now.
yard2010|2 years ago
wslh|2 years ago
Could we speak? I run a bootstrapped company for more than two decades and [natural] SEO explained part of our growth. Nowadays it is not working as expected after trying a lot of stuff and agencies. It feels like we can write articles all day without moving the needle except peaks sharing in Reddit that go down quickly.
It seems like I need to apply a giant budget to move those metrics. I understand we are in a niche market but we have real work that differentiate for the few competitors.
A 30' call will work. Are you available?
zo1|2 years ago
This company then picked a biggish ad-spend budget, spent it on Google, FB and other ad companies (digital agencies). And the users just started rolling in over the course of months. The increase in users, let them "monetize" by convincing "sponsors" to "pay" for content on this new "platform", which netted them a big chunk of profit and more money for more ad-spend which made more users come.
Next up, they will brand and sell this platform which has "X-millions of users", even though most are one-off users, barely any repeat or long-term users, etc.
It's like some sort of endless shit-peddling cycle driven by marketing, and it was frankly disgusting to watch from the sides. Their stated goal was actually noble, uplifting, etc. But all they ended up doing was building a "herd" of users that they could monetize and use for marketing other projects, and helped no one except for their global brand, and their owners.
Sorry about the rant.
In summary: Yes, just get an ad-agency and pay them to help you get users. At least you have a valid product I assume and genuine value to provide in exchange for money.
dboreham|2 years ago
The plan is working.
vachina|2 years ago
So you’re the reason why search results are spam nowadays
ipullrank|2 years ago
btown|2 years ago
The more Google trains its normal users that “generic queries will get you spoon-fed generic-ness, so you have to be specific to get what you want…” the more valuable placement on long-tail keywords will become. People aren’t going to stop searching, they’ll just hate Google more when doing so. And they’ll begrudgingly adapt.
The SEO industry will be fine. Startups that naturally breathe long-tail SEO will excel. Incumbent advertisers will see keyword costs rising across the board, though, and perhaps pass costs to customers. That’s not inherently a bad thing - but there’s a lot more to the debate there than just this aspect.
unknown|2 years ago
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ranting-moth|2 years ago
I can believe that. But it also has the equivalent of stage 1 or 2 cancer.
theturtletalks|2 years ago
Paid ads on the other hand are pretty much set-up once and you feed in the ROAS to Google and they optimize on that. With Performance MAX, users have even less control.
OP's response is akin to a shovel seller saying business is good when people are saying the gold has run dry.
alvah|2 years ago
rgrieselhuber|2 years ago
unknown|2 years ago
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