Re:Google AdWords charged me for clicks in Istanbul while lo...
by antpls on Saturday November 30, 2019 @02:12AM
(#21668954)
For the "how" and the "what", in the future, I bet ads platforms will ask you to write an long essay about what you sell, and they will automatically generate many different ads with GPT-2 (probably in real-time, to mix some content of whatever the viewer is browsing at the same time), and everything will be automatically A/B tested, segmented, adjusted, etc with reinforcement learning.
Even better, no need to write an essay about your services or products, Google already know everything about it by scraping your website, so just point to the URL, and done
Re:Google AdWords charged me for clicks in Istanbul while lo...
by nkkollaw on Saturday November 30, 2019 @02:32AM
(#21668997)
So, there are no techniques that work consistently.
Re:Google AdWords charged me for clicks in Istanbul while lo...
by edmundsauto on Saturday November 30, 2019 @09:08PM
(#21673351)
Correct, because everything is dynamic, including the search terms, eyeballs, and competition for keywords. It's pretty simple economics - once I find a way to spend $50 to make $100, it's only a matter of time before other people discover something close enough to make me spend $75 to earn $100. Then $90. Then (conjecture), winners curse takes account and people are spending $110 to make $100 (once Neil Patel's audience hears about it).
With the tactics being gobbled up by the Red Queen effect, you have to move to strategies to win. The OP writes about a pretty good one.
If you end up a multi billion dollar unicorn with tens of millions in ad budget, targeted direct ads no longer move the needle like they did when you were a startup. Now for the Director of Marketing to justify increasingly larger compensation, he needs to increase his ad spend and starts whispering about spending money on ads that have no direct correlation to the bottom line. This is called brand advertising. Hint: If an early stage startup spends more budget on brand advertising than direct marketing, run.
Effective advertising is matching the product/service with some problem, on a specific channel of eyeballs, with a specific message. There are tons of new channels popping up every few years (think google, facebook, instagram, youtube, twitch, pinterest, wechat, stackexchange, hn, reddit, etc). There are millions of permutations but you have a finite ad budget. The magic is deciding how to show what to who.