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oh yes, they do! much better than google! however there's absolutely nothing advertised on them that I'm interested in.

I literally can count on both hands number of times I clicked on google or facebook ads.

So obviously nobody else clicks on Facebook ads either, right?

In my experience, a good click-through rate is about 0.1%, which makes sense since they're essentially banner ads 2.0, there's no intent captured at all. That said, they were cheap enough that I was able to acquire new users for my Facebook app at around $2 each in my small-scale tests.

obviously a lot of people do for now, since it's kind of novel and obtrusive way of advertising.

the point is - online ad market is getting saturated.

Either cite some hard facts and data, or stop making sweeping statements.

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