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dkarras | 1 year ago
also one should always be skeptical about the extent they believe they are not influenced by ads. that runs pretty deep. you say you instinctively don't trust it. but when the time comes to buy something, you won't automatically steer yourself towards a product that you have never heard before just because you have not seen an ad for it. having some names in your mind, even them showing up when you do research creates influence.
sidewndr46|1 year ago
Such a belief purports that the effect of all advertising is measurable. It clearly is not. For example, someone sees your ad and decides your company is reprehensible. They were not a customer and they decide to never interact with your company. It's not possible to measure this. Anyone claiming it is holds what amounts to a religious belief.
The "generates negative returns" is the next myth in this. Whether or not advertising generates positive returns is not relevant. You can't measure the return of advertising in the first place. Even if you could measure it, you should be comparing it to the opportunity cost of not doing something more productive with that money. Which you also can't measure. No one rationally proposes that someone spends a hundred dollars on advertising to generate $100.10 in revenue is somehow a good use of money.
nj5rq|1 year ago
What on earth? You obviously haven't worked on anything related to sales. It's clearly measurable: An advertisement is shown one day on TV, for example, the sales the next day are higher. That's the case 99% of the time. You can say it's not, and you can call that "religious belief", if you want to.
Companies use ads because they work, obviously. Everybody thinks they are somehow "immune" to advertisements because they are "smarter than the rest", but the sale statistics are plain and simple.
progforlyfe|1 year ago
YouTube in-video sponsorships are a different beast admittedly; however there is still some basic tracking through use of promo codes (Use code JOHN15 for 15% off). They can see a report of how much they spent on ads that mention JOHN15 and how many sales included that promo code -- if sales vs ad spend are significantly positive, it becomes simple math to determine how much more to spend on ads, or to discontinue them.
I suppose your point though was that it's not possible to track the negative sentiment generated by the ads (people who get annoyed and decide to avoid your company at all costs). That is true, but companies who rather go down the path of something trackable than an unknown shot in the dark.
blargey|1 year ago
I can't immediately come up with a scenario in which all of the following is true:
1) The ad-viewer is repulsed by the ad
2) The ad is repulsive for reasons unrelated to your product/company's actual characteristics (otherwise they weren't a potential customer anyway)
3) This accounts for a significant portion of ad viewership (otherwise it's not relevant)
4) There is no social/media backlash (that would make the issue visible)
5) There is a significant positive ROI anyway (that's the only motive to continue that advertising campaign, which is required to sustain both negative and positive effects of the ad)
owjofwjeofm|1 year ago
also i would propose that you should spend $100 on advertising (including cost of time reaching out to people etc) to generate $100.10 in profit(not revenue) if the return comes fast enough. you can estimate the opportunity cost of spending that money by seeing what interest rate somebody would loan you money for, if that .10% ROI is more than the interest rate on the money, then it's worth doing, even though it's only $0.10. then if you do need to do something else with the money you can take out that loan. I guess it might be harder to calculate opportunity cost of your employees time since it might take a while to hire more employees, but you can estimate that based on their hourly salary. also hard to calculate opportunity cost of your brand reputation from doing more advertising. and yeah hard to calculate opportunity cost of your own time but you can just estimate a hourly rate and good enough. most of the math is clear though and companies go on that. (disclaimer: i am not an expert on any of this)
creer|1 year ago
It's very hard to poll or measure things to within a fraction of one percent with most audiences. But that's not what's needed for advertising. And in marketing you probably don't care about that - it's in the noise. You do care of "significant" changes and you can of course measure both positive and negative influence.
Even negative influence in people who aren't yet customers, or have never heard of your company, and (preferably) have never seen your ad. For example through a polling survey. Funny enough, such a poll is probably an effective ad campaign in itself in some cases! You can also measure opinion strength about advertising in general. It's more nuanced than you think. Which unfortunately leads marketing departments to commit atrocious injury to good taste. Agreed there.
> No one rationally proposes that someone spends a hundred dollars on advertising to generate $100.10 in revenue is somehow a good use of money.
Of course not, and yet they spend far more than that, to good (measured) effect.
fhd2|1 year ago
Now, huge companies do run focus groups and such to ensure their brand advertising has the right (psychological) effects. But it is inherently difficult to measure. And I've seen many mid-sized companies not do that at all, they run these ads based on what they believe might work.
Mind you, this is experience from 4 years ago, but I did find the ad industry, as obsessed with tracking as it is, to be surprisingly gut-driven. For a lot of it, it's hard to tell if it works.
I do fully agree that for people who know what they're doing, advertising absolutely works, in ways that are sometimes unintuitive to consumers.
iamacyborg|1 year ago
Top of funnel advertising is definitely conversion oriented, just on a longer timescale.
tormeh|1 year ago
The whole business is teeming with waste and fraud, but it's a necessary evil so it stays.
matheusmoreira|1 year ago
It means my uBlock Origin failed. I will not be returning to that site as a result.
HenryBemis|1 year ago
Another 'trick' I employ (always with Firefox) is that I open links not to a "New Tab", but instead I use "Open in Reader View" add-on, so I "Open in Reader View" (it does exactly what it says on the tin), so I only get the clean text and the relevant images. That works for almost every website.
saul-paterson|1 year ago
lupusreal|1 year ago
dragonsky|1 year ago
As commenters have already raised, we'd have no Google, Facebook, Twitter (sorry 'X') or many other entities and the products they create without the money spent on advertising. Is this all just happening because people are too scared to look under the curtain and find that it's all just a sham?
We had advertising long before the internet came along, and from my personal memory most of the most aggressive advertising was for things that were either useless (magic snake oil remedies) or actually dangerous (tobacco products), not to mention all the "as seen on TV" junk that was "promoted" on morning television.
Is what we have now is more intrusive? It used to be that you could duck to the toilet during the adds on TV or flip the page in the newspaper or magazine, but now they are taking our cpu cycles, making web pages unreadable and that is not to mention the more intrusive ways of really getting in our heads.
I'd argue that we've always had (even if just the shop keeper recommending a product) and always will have advertising. There have always been products that are not needed or wanted by the majority, and advertising is the way that the producer of that product gets their product sold. I would be nice if there were not so much dodgy practice involved.
riiii|1 year ago
https://veracitytrustnetwork.com/blog/digital-marketing/uber...
nj5rq|1 year ago
This is 100% percent true. I thought about exactly this, and it's the first time I hear someone say it, I am glad. I try to keep away from advertisements, but it's just not really possible, you get influenced by even what your friends or family say.
tivert|1 year ago
This sounds like reasoning from an assumption of supreme competence (e.g. "there's no bubble, because if there was all those saavy Wall Street traders would have popped it by now;" or more commonly "if Apple does a thing, that must be the best thing, because Apple only does the best things."
Advertisement does work to a degree, in aggregate, but "if you see an ad then it must be an ad that works," is going too far.
dgb23|1 year ago
Marketing, whether they are external firms or internal teams, have their own incentives, just like anyone else.
But… Personally I like good marketing and I‘m drawn to services and products who do so.
For example tech and games sometimes do very good marketing by providing educational resources, transparency through blogs/vlogs etc.
Some products are focused on a high quality, sustainable niche, and they do very pronounced, sometimes humorous over the top ads.
I „mistrust“ marketing if it wants to sell cheap crap in a disingenuous way. But I‘m glad to see ads for interesting, quality products.