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Re:The new dot com bubble is here: it’s called online advert... by whatshisface on Thursday May 07, 2020 @10:52AM (#23103647)
Imagine how much a company could make if the guy at the top was a hard cutter that didn't put up with unscientific money wasting! They could clean out all of the people who anti-did their jobs (managers who pollute the information stream for personal interest reasons, consultants who give you advice that was worse than what you would do otherwise), and then they would clean out any market.
Re:The new dot com bubble is here: it’s called online advert... by wastedhours on Thursday May 07, 2020 @11:13AM (#23103900)
I spent three years "managing upwards" on that point. Was like a breath of fresh air when I got a manager who listened in that way - he needed some education, but soon came around and pushed our media agency to stop BS-ing us.

Oddly, up to that point I was senior enough to daily manage the budget, but not senior enough that my opinion on what to do was taken seriously. We're talking > 50% wastage, so I just didn't do my job in the end and stopped providing the creative for the wastage part, saved money, made no difference to the end result.

Never underestimate how so much of bad advertising is because of clueless people in the chain of command.

Re:The new dot com bubble is here: it’s called online advert... by jlbnjmn on Thursday May 07, 2020 @11:26AM (#23104086)
> Never underestimate how so much of bad advertising is because of clueless people in the chain of command.

Hello fellow person with in-house advertising experience.

Re:The new dot com bubble is here: it’s called online advert... by bryanmgreen on Thursday May 07, 2020 @03:15PM (#23107009)
> Oddly, up to that point I was senior enough to daily manage the budget, but not senior enough that my opinion on what to do was taken seriously.

Good freaking lord you hit the nail on the head here about most of marketing career!

Then you get in trouble because your boss's boss wants better ROI and blames YOU for an overextended budget because you manage the money, but you just have to sit there and take the blame because your immediate boss won't budge on the strategy.

Thankfully I've moved up, but I feel that pain so bad.

Re:The new dot com bubble is here: it’s called online advert... by toomuchtodo on Thursday May 07, 2020 @11:05AM (#23103821)
If it’s so easy, why isn’t everyone doing it?
Re:The new dot com bubble is here: it’s called online advert... by jlbnjmn on Thursday May 07, 2020 @11:33AM (#23104165)
Because cable advertising sales reps take you out to lunch, give you box seat tickets to NFL games, and create all of your reports for you. Which is even easier.

Also, some people measure their self worth on the size of their company's ad budget. And those same people tend to have stupid amounts of money compared to their childhood peer groups.

So buying ads is like adding a set of metal balls to a truck hitch. Revenue was never the point.

Also, a lot of entrepreneurs have short attention spans and constantly change things out of fear, taking it from easy to do well to impossible to know.

Re:The new dot com bubble is here: it’s called online advert... by steventharlow on Thursday May 07, 2020 @12:35PM (#23104904)
What would you say is the best advertising for a small business or application to do?
Re:The new dot com bubble is here: it’s called online advert... by jlbnjmn on Thursday May 07, 2020 @12:43PM (#23105022)
What product or service is being sold, and to who?
Re:The new dot com bubble is here: it’s called online advert... by austincheney on Thursday May 07, 2020 @12:49PM (#23105099)
Peer pressure and lack of confidence. It doesn’t really matter how obvious, in hindsight, or how wonderful some decision is. Moving against the tide or investing in something original scares the shit out of most people.
Re:The new dot com bubble is here: it’s called online advert... by thorwasdfasdf on Thursday May 07, 2020 @11:58AM (#23104471)
Look at all the biggest spenders in Advertising: most of them are all big brand advertisers where proving ROI is nearly impossible. In that type of environment, in the absence of a good ROI calculation, a lot of BS can prosper.
Re:The new dot com bubble is here: it’s called online advert... by whatshisface on Thursday May 07, 2020 @05:57PM (#23108842)
It's actually not easy, scientific thinking is easy to fake and hard to get right.
Re:The new dot com bubble is here: it’s called online advert... by carapace on Thursday May 07, 2020 @01:49PM (#23105862)
I hate that question so much.
Re:The new dot com bubble is here: it’s called online advert... by toomuchtodo on Thursday May 07, 2020 @02:04PM (#23106046)
If someone doesn’t ask, how will we learn from those with something to teach? I ask because I’m curious!
Re:The new dot com bubble is here: it’s called online advert... by carapace on Thursday May 07, 2020 @02:55PM (#23106757)
Sorry, it's not you, it's a pet peeve of mine. I used to collect ideas and there are so many things out there that no one seems to know about.

Whenever I tried to talk about them there's always someone who asks that question. It's a BS question though, because it presupposes that humans somehow always instantly adopt the great new thing, but history shows that we just don't.

(E.g. Marconi was called before US Congress to testify because they thought radio might be a scam.)

We have all kinds of awesome stuff that gets ignored. Or even simple obvious things that no one notices (Why do refrigerators have doors instead of drawers?)

Sorry for picking on you. Nothing personal. :-)

Re:The new dot com bubble is here: it’s called online advert... by toomuchtodo on Wednesday May 13, 2020 @07:27PM (#23173087)
No sorry necessary! I did not take it personally.