They absolutely are. Everything I got from my family this past Christmas was slop from the TikTok shop. They just clicked the fist ad they saw and bought whatever. I even got two of the same item because my brother didn’t realize he clicked two ads for the same thing. I’ve been calling it Dropshipmas.
Oh shit I forgot all about this! After the holidays, everyone in the office was talking about all the garbage they got, and most of them were talking about how many sales/deals they got off of Tiktok.
You think that’s an obscene amount of money? The intermediary services that collect, collate, aggregate, etc. that same data in the first place before selling it to companies like your employer? That’s where the insane money is.
That’s the long game. 🤢🥲
I’m going to push back on this. The experiments that had scientific rigor shown that broad ads were only marginally less effective then personalized ones while being way cheeper.
A lot of what you see may be attributing conversion to sales that would happen anyway. Classic examples would be do you use branded search keyowords? Off course you do, despite the body of evidence that it only cannibalize the organic search.
But there are other much more complex mehanics in play. Each sestem takes away more and more control to replace it with “autootymization”, so you truly have no idea to whom and when your ads is shown. Exact keywords are broader then broad “back in a day”. Who knows how google is mixing your ad components, an now AI will dynamically change the ad content and placement using unknown criteria. All this to obscure that what we do is advertisal (?) equivalent showing a pizza ad to people who finished giving their order to the waiter.
Measurable online was here to save us from ineffective offline. Big data was here to save us from innefectove CPC. Algorithms were here to save us from paralism of to much data and now AI is here to save us from all this producing mostly a negative ROI anyway.
I honestly belive we were in the middle of a massive online advertising bubble, that we manage to cover up with even bigger AI bubble.
I work in this space and I’m appalled at how much targeted ads make my company.
And here is the hint (with the fencepost) that it might be more wishful thinking on the customers side (the companies renting the service). Similiar to the AI slop bubble.
I work in this space and I’m appalled at how much targeted ads make my company.
Every smart person I know is using adblocking too. So is there’s like a percentage of people who eats ads all day and open their wallets up?
Ads Georg, who lives in a cave and looks at adverts 17.7 billion times a day is an outlier and should not be counted.
They absolutely are. Everything I got from my family this past Christmas was slop from the TikTok shop. They just clicked the fist ad they saw and bought whatever. I even got two of the same item because my brother didn’t realize he clicked two ads for the same thing. I’ve been calling it Dropshipmas.
Oh shit I forgot all about this! After the holidays, everyone in the office was talking about all the garbage they got, and most of them were talking about how many sales/deals they got off of Tiktok.
How did you find out? Did you talk about it?
They were pretty happy to volunteer the info. He still gave me the duplicate!
You think that’s an obscene amount of money? The intermediary services that collect, collate, aggregate, etc. that same data in the first place before selling it to companies like your employer? That’s where the insane money is. That’s the long game. 🤢🥲
Middlemen make the most money of any profession.
Market Makers. Insurance. Everyone involved in the mortgage world. Research publications. Mid-level managers.
I’m a mid-level manager. I do make a good amount of money.
Was about to comment similarly 🤪
I’m going to push back on this. The experiments that had scientific rigor shown that broad ads were only marginally less effective then personalized ones while being way cheeper.
A lot of what you see may be attributing conversion to sales that would happen anyway. Classic examples would be do you use branded search keyowords? Off course you do, despite the body of evidence that it only cannibalize the organic search.
But there are other much more complex mehanics in play. Each sestem takes away more and more control to replace it with “autootymization”, so you truly have no idea to whom and when your ads is shown. Exact keywords are broader then broad “back in a day”. Who knows how google is mixing your ad components, an now AI will dynamically change the ad content and placement using unknown criteria. All this to obscure that what we do is advertisal (?) equivalent showing a pizza ad to people who finished giving their order to the waiter.
Measurable online was here to save us from ineffective offline. Big data was here to save us from innefectove CPC. Algorithms were here to save us from paralism of to much data and now AI is here to save us from all this producing mostly a negative ROI anyway.
I honestly belive we were in the middle of a massive online advertising bubble, that we manage to cover up with even bigger AI bubble.
We are fucked.
And here is the hint (with the fencepost) that it might be more wishful thinking on the customers side (the companies renting the service). Similiar to the AI slop bubble.