Source: I play this game since I run a software business. Would love an alternative but there are none. You either Play the game or you Die.
Source: I play this game since I run a software business. Would love an alternative but there are none. You either Play the game or you Die.
Google are playing every trick in the book to extract every possible cent from advertisers, spying on their business and sales to maximise their own profits. Google's visibility of all transactions on every e-commerce website on the internet is insane. People complain about the tracking of users/visitors, but the tracking of businesses is just as bad.
They probably have better insights into the economy and market trends than most governments and banks.
The penny is dropping, advertisers are noticing, my long term expectation of Google's business are not what they were.
And then
> Google's visibility of all transactions on every e-commerce website on the internet is insane.
Ah, so they have all of the information and yet their ad products don't work. They don't know this?
The opportunities are still there in local minima, places where it's too small for Google to optimize. But the trend is clear.
Costs go up because winners have been found. Like monopolies in capitalism.
Concretely: if I am the only pie baker in the world (I won), who else would bid against me for "place to buy pie"?
My unsubstantiated hypothesis is that google has gotten better at cross-promoting - so they could target people who like cake, increasing the market and competition for bids, making prices go up.
I believe there are some agreements for larger corporations to continue to promote things even if it is not necessary. People with funny money can treat ad markets like billboards.
Another fucked up aspect is that the government often runs ads to promote its own policies.
Much like real markets there is sometimes unnatural activity that keeps it moving.
Also if you aren't buying anything by clicking them, advertisers are ignoring you because you aren't a valuable user to them.
You are most likely reaping what you sew. Which shows that the ad networks are actually working.
It works for them.
They might need to make it work a tad more for their customers if they had to, but right now they apparently don't.
Of course they do, but people pay crazy money for this and it plays the important role in Google's market valuation, so it's in Google's best interests to continue chanting the Big Data Big Money mantra. It doesn't help that the myth/meme is strongly backed by the whole cyberpunk genre, as people love the dystopian themes of "big corporations know everything about you, down to your most secret desires you don't even realize yourself".
And it probably even work by some small but statistically significant margin, compared to some arbitrarily picked baseline, so they can even back this up if necessary.
The king is naked, though.
Still, people buy a lot of AdWords and similar, and occasionally I see a relevant ad I click. BTW ads within Facebook are usually of much better quality (for me as a reader), likely because they can correlate.more sources inside FB.
I sometimes click on ads about things related to IT and programming, if they mention something novel and important, just to be aware of the landscape, and what potential competition are pushing.
I see ads relatively rarely though, because I run uBlock Origin. So the ads I see are usually placed in context with some care, not just randomly tucked on to an unrelated webpage. Most of the ads are really poor, as I can see if I use an unprotected browser.
I've done the math on this for a few small companies. I an thoroughly convinced that this is just not true for many companies. The vast amount of sales attributed to online ad campaigns are sales that a company would have gotten anyway even without the ads.
This is a simple test. Turn off all of your ads for a year, compare against the previous. Write a blog post about it, destroy the industry.
Some time in 1980s Coca-Cola decided that they have enough of an iconic status, and they don't need as much advertising on expensive large surfaces. They prudently lowered such advertisement a bit, and checked. Shockingly, they noticed a decline in sales. They reverted to the old policy.
Amazon, Microsoft, Apple are more diversified.
They don’t care about good name and long term viability. As far as they’re concerned they can just sell when the stock tanks.
[1] https://www.bea.gov/index.php/system/files/papers/WP2017-9.p...
That being the case unless we stop using money their business is quite sustainable.
Since ads are a red queen's race, wasting people's attention and assuming we don't want to outright ban them then the next best alternative is to tax them heavily. How about 0.00001 cent per pixel-second-view?
Then people will only put up ads when there's some real value in it, not just to keep up with the competition.
I resort to Duckduckgo and Brave's searches among many others. Even things like Yandex give much deeper dives now.
And I’ve been pretty impressed with Brave search so far. Promising
(This is a joke (or is it?))
From food to manufacturing to music and other cultural endeavours: making communities small(er) might be an interesting counter (r)evolution.
This feels like one of the last bastions of the true web left, the small web that is actually interlinked, not the dead ends you find in your ecommerce or social networking sites.
But it too is disappearing fast, I for one will miss it.
And gob help you if you dare search for alternative to _____.
Old content is still there, but new content is of noticeably lower quality. Many subreddits have moved to minimal moderation or stopped it altogether. Engagement in places I used to frequent like /r/Games (which didn't even participate in the strike) is both down considerably and of lower quality.
Reddit, like Twitter, is too big to fail overnight, but they are essentially zombies at this point. Their growth potential has been neutered and their most valuable users (the 1% making 60% of the quality content) are actively toying with alternatives.
Used to. Now that advertising believe their salvation lies in forums, wadding into the big ones increasingly feels like entering the water at a British beach after the privatisation of Thames Water...
At best you’ll find one very opinionated guys recommendation which may or may not match yours
I didn't claim its free of gaming, but I am claiming the quality of search results for "x" vs "x reddit" is notably higher for the latter in most cases that I personally use search for.
And given the game is won by the highest bidder, all of the surplus created by technical progress goes to advertising which, as you point out, adds zero value and, in fact, detracts from rational agents making optimal decisions.
This is /exactly/ the kind of market failure where those of us who prefer smaller government want to start talking about appropriate regulation.
https://metaphor.systems/ is pretty good for exactly this kind of thing. The way the search algorithm is designed also make it extremely difficult to game.
For businesses, there is no good alternative to Google. Many are investing a lot of effort and money in social media, but the returns are very low compared to Google.
I’ve yet to try to trial tho so that should help give context how quickly I burn thru 100
And also yea three cents for every two searches over the 1k monthly limit is pretty trivial lol. So nvm that shouldn’t b something to give me pause
If you are trying to sell a product, I know one weird trick: Just make a product that people enjoy, and they will recommend it to others.
No need to pay for advertising, no need to play the SEO game. The only marketing you need for a decent product is a website with docs and a download button.
This works especially well if you have some sort of freemium product, because then the 90% of people who use the free version still act as multipliers.
I don't know if it works for all businesses, but it's worked for me over the last decade or so.
There are plenty of searches where I want to find what real people are thinking, not what some company's article says. This kind of thing could easily be crowd-sourced a la SponsorBlock.
What would a fair review site look like?
How can I get in touch?