LinkedIn ad prices up as X plummets
marketing-beat.co.uk
marketing-beat.co.uk
1. Google Search
2. Meta/YouTube (maybe TikTok)
3. Other platforms/bets
Bucket three is basically all of Reddit/Snap/X/Pinterest/LinkedIn etc., they are all sub scale, and they all perform worse than the other platforms in almost every single niche. None of them work particularly well, everyone knows they don't work super well, but we all keep throwing a few dollars their way because the idea of business performance being at the whim of two companies is frightening. They're all fighting over scraps though.
I'm probably being a little hyperbolic, but probably not by much.
e.g. Costco, Tesla itself in the early 2010s, etc...
"Marketing" gets kind of murky at the edges, really. Consider Pike Place Fish Market in Seattle, who are famous for their fish-throwing, but have never actually spent anything on advertising -- are they marketing or not?
Nice if you can get it though.
If anything, the higher the competitiveness, the better a counter-example it makes.
https://www.facebook.com/ads/library/?active_status=all&ad_t...
https://adstransparency.google.com/?region=US&preset-date=La...
Why would other companies advertising on costco.com relate to Costco's own advertising practices elsewhere?
Microsoft surprises me with OpenAI, LinkedIn and GitHub. Their own engineering practices aren’t that great but they seem to excel at what to acquire and what to invest in.
Is there a non-shitty version of LinkedIn somewhere that I don’t know about? The one I use seems to have turned into a version of Facebook with rants trying to get me to buy into glorifying the grind instead of photos of kids and political rants.
Sure - it's the version you get if you stop connecting with people who post 'grind' rants and whatever else you don't want to see (or at least unfollow them, if you can't avoid connecting with them).
My best result was when DHL had flat out lied to me and claimed my package was on a ship back to the US from Europe and would be back with the sender in a month (it had been misaddressed; we'd told them that before the package had even left the US, but they insisted there was nothing they could do).
Messaged an SVP, who seemed appalled, and got copied on an e-mail thread from said SVPs executive assistant who pointedly remarked that her boss wanted to be kept updated. This happened Friday evening, right before the end of the day. A flurry of emails ensued. Monday morning the package that was supposedly crossing the Atlantic arrived at my office, delivered from the DHL depot 5 minutes down the road.
It's a bit up and down, but really the larger layer of middle management a company has, the easier it seems to be to find someone on LinkedIn who is sufficiently insulated from customer complaints normally that they'll take a personal interest when one manages to slip through and reveals things might not be how they thought they were (finding SVPs at DHL was like shooting fish in a barrel; the sheer number to choose from was ridiculous)
It's also helped me help other people I used to work with get jobs where I could connect them with a recruiter/manager.
I don't think the news feed has particular value (though I do see some interesting folks migrating away from X to posting things on LinkedIn), but I think pretending the site sucks because you've connected with/followed boring or uninteresting people is kind of weird and indicates a failure to understand that it's still essentially self-curated social media.
My LinkedIn account is curated once a week: I am linked to less than 100 people that I have personally met, but I only see the posts from friends and nice coworkers. Best of both worlds IMHO.
I imagine for fields like marketing and design that LinkedIn is as important as Github is to a programmer, though. Also Freelance types of work. Fields where who you know can be almost as important as what you know, and where most hires are made based on gut feelings. Someone
If b) is true, perhaps this means that LinkedIn users are more "valuable" as targets to influence because they are typically white-collar workers, a significant subset of which will have some influence within their workplace?
I found the rise and grind culture really off-putting and was delighted to delete it from my phone last week.
Making Windows work across the diversity of hardware it does, in basically every language, is impressive to me. Azure seems to work pretty impressively at scale, Xbox is no slouch, and Bing is the only credible alternative to Google.
Office is everywhere, Email is done at scale, OneDrive is simple and effective, again at scale.
Or we can look at the deep levels of Enterprise integrations (Active Directory, SQL Server, Group Policies et al)
Or what about development tools like Visual Studio, languages like C++ or C#, or a bunch of other stuff in that lin
I get the "Microsoft is evil" mantra from the Open Source community, and thats certainly well deserved. They're far from perfect, their business practices in the past have been down right bad, but I'm not sure their Engineering is the area I'd fault them for.
I've worked at -- including Microsoft -- three major tech companies and a quant hedge fund, and Microsoft's engineering practices -- at least within the Office org, where I worked -- are appalling by almost any measure, in comparison with their competitors. Their success is largely down to three things, IMO:
1. First-/early-mover advantage in many spaces.
2. Excellent business management.
3. Some very, very strong engineers at the principal level and higher.
This could have been a platform for professional exchange, hell, even something Substack-like.
What I don't recall is the amount of ads flowing on each site. I do believe facebook generally has more ads happening than the rest.
I sure wish they were. I think that's exactly why for this brief moment the GP wants to focus more on he business realities than the same drama that's happened for the past 6 months.
I really really don't need up to the second information about whatever Corey Doctorow is saying, as I read his books almost twenty years ago and they still seem to accurately portray his thoughts on many things, also he has a blog. Doomscrolling a tiny cachet of "important to me" people, isn't actually important or useful. You lived just fine before Twitter, surely you will do okay getting your news 24 hours behind some person who hasn't left twitter but somehow is able to sort through all the dross to pull out what little signal is still there.
You can only become the next twitter and be subject to the same flaws or try to seek out the relative minority that is seeking quality over noise.
I was chatting with someone recently who is still on Xitter and he was wondering why so many of his followers had recently been "suspended". I got to wondering: if a lot of people are leaving and X doesn't want that to be something the remaining people focus on are they just calling people who have deleted their accounts "suspended"?
Twitter/X seems to have good engagement and there are active Geopolitics, Israeli/Zionist, Palestinian/Muslim, Russian, Ukrainian (NAFO), Covid, anti-MSM, anti-Disinfo, populist, Crypto/NFT, Black American, sports, and many Indian and African spaces on an ongoing regular basis, several running concurrently at many times of the day. I like that I can go into multiple spaces at different times and hear radically different perspectives unfiltered. This is why the platform appears to be getting much more sticky.
The Spaces bug where you can't hear people is the most annoying thing about it, other than the link interception.
I'm bothered by the 3 levels of subscription - the basic, premium and premium+. The premium still has ads everywhere, and the + does not, but costs more. I think both should be ad-free. I hate ads particularly when I am already paying for the service! https://help.twitter.com/en/using-x/x-premium#tbpricing-byco... Given that Premium users are supposed to see 50% less ads, I cannot imagine what kind of ad hellscape it would be if I was not at premium level. I block every ad X account I see.
It is a good place for breaking news and unfiltered data. There is still weaponization of the CommunityNotes, and active shilling and astroturfing by intelligence agencies doing propaganda online.
I have not used Grok at all so I cannot comment there
Perhaps. But not for the audiences that matter to advertisers.
I'd like to hear these viewpoints without going through gatekeeper MSM
Since I am a paying customer and I block all ads, I am not sure how much the ad stuff matters. I hate ads!
I am not and have never been on Twitter so I can't speak for what's happening on the platform but the places I frequent that post news that's broken on Twitter haven't stopped doing that so, at the very least, influential people are still breaking news there at the same place.
I can't help but think that the people leaving Twitter meme is wishful thinking by people who dislike Musk.
I'll ask the corollary question to rein this in: where are people going if they aren't on twitter anymore? Tiktok? Instagram? It sure isn't Bluesky at the moment.
Users can ignore that. Brands can't.
I stopped posting to Twitter some time last year but most of the people I follow on Twitter/X are still active and haven't moved. It is still the biggest platform compared to any of the alternatives (Mastodon/Bluesky) and despite the downward spiral it will be with us for a long time (just like Facebook).
Twitter/X has always been a far distant third to Meta and Google. It's targeting performance is poor, return on ad spend poor and the capabilities of the ad platform poor. Maybe for some niches e.g. AI startup it was useful but for most SME it was useless and their percentage of overall ad spend reflects this.
For large brands what it was good for was brand awareness. Nothing makes you appear relevant than being alongside the latest trends or news which Twitter excelled it. Which is why when their ads appeared alongside hate speech they were so quick to move. Because they didn't have any real money being generated with them anyway.
This is why the abandonment of Twitter/X by large audience segments has been such a compounding effect. Even if they can replace 1:1 people they're losing with new users, if the users aren't the right type of demographic, ad spend is going to collapse.
A larger percentage of the ads are scams surrounding trends like NFTs because of his dictated moderation and staffing changes.
Views are amplified for himself and his preferred posters - which for all you know may land your company's logo next to Alex Jones.
> Putting all of the Elon BS aside. Can someone in marketing shine some light on how does X compare to other platforms?
Brand/PR/Reputation is a liability and most big enterprises will continue to optimize for diminishing liabilities by moving to more reliable platforms.
It doesn't mean you have to ignore it or say it doesn't exist.
You can ask what else can be said about X besides the given topic that you are putting aside.
It is simple to think of interesting questions and topics besides Musk.
It is fine if someone doesn't want to answer it, but a respondant doesn't get to call it pointless, because objective and goal lies with the asker.
Musk fired the majority of people working at Twitter, changed the brand, unbanned very controversial users, alienated most of the advertisers, etc etc etc. Talking about Twitter without talking about his leadership is to have a conversation without merit. What other topics are there? He owns the company. Every policy change over the past year has been his personal decision.
I don't care about corporate policy, history, personalities, or why things are the way they are.
It is like people that interject wokeism, Obama, or Trump into any conversation, even if you are talking about the weather. A conversation about the sunset is not "complete" or "meaningful" without ranting about what they want. They just cant comprehend someone having a different interest.
It seems almost obsessive compulsive. Someone asks what letter comes after X, and they cant talk about Y, because any discussion of the alphabet is "incomplete" or "meaningless" without starting at A, B, & C and discussing it at length. All letters come after A, so all conversations are about A.
IF you tried, can you even come up with 3 questions and answers about twitter without making it about Musk?
For example, I can ask and be interested in how the cost per click/sale on twitter compares to meta, without diving into they question of why.
That is certainly how I took the question at least.
My point was that lining it up by calling it “BS” invites counter arguments, which is what happened here. If you’re not happy to implicitly accept the “BS”, you’ll have to address it.
Dropping the “BS” label would have led to a more focused discussion. It matters _how_ you ask a question.
It also seems to be the case that some people didnt just disagree with the BS classification, but fundamentally disagree that anything besides Elon is a valid topic of conversation.
IT does matters how you ask a question, but some people will reject or change the topic no matter how you ask it.
The abrasiveness picks up in your replies. It comes off as if you went in looking for a fight. I don't know if you did or not, but the quality of the response reflects the attitude in which your question was posed. In my opinion.
If you are an eCommerce business selling a widget then you can easily get a cost per conversion, and then it's pretty easy to optimise your spend to maximise profits (i.e. If I spend $30 on ads, I can sell a product I buy for $40 for $90 making $20). I've seen businesses with this revenue model who will spend the equivalent of c.30-40% of revenue to get the sales due to the high margins often involved.
Your conversion will depend a lot on your product, target market, the ad etc (if you are selling a business rolodex your CPC might be better on linkedin, if you are selling a selfie-stick your CPC might be better on insta etc).
The effectiveness of advertising for engagement/brand awareness is much softer, and the spend will be much more discretionary as it is harder to track. It's these ads which are more likely to fall away IMO.
Could you elaborate on few of the patterns you mentioned?
The effectiveness of brand ads is notoriously hard to measure, so it comes down to the gut feeling of marketing execs rather than cold hard numbers like CPA like google ads.
The gut feeling associated with twitter right now is, to put it mildly, rather low.
Edit: A relevant example.
In parallel, many LinkedIn "influencers" are spamming garbage. You just need to ignore it, similar to how you might ignore garbage accounts on Twitter.
Third job was entirely through LinkedIn. found the job post there, found an old contact from college through there who gave me a referral, introduced to the recruiter through LinkedIn.
4th job is still up in the air, but I was approached for freelance work via LinkedIn in the meantime.
----
You definitely don't need to play the networing game to get a job, especially not if you're in tech. But having a publicly viewable resume sitting there and an old contact book of information (which is less intimate than asking for a number or email) was valuable enough for the $0 I directly paid for it. I do get 80% spam and recruiters who clearly never read my profile, but thats unfortunately most of society these days, be it internet, phone, or snail mail.
I use LinkedIn only as a public profile/CV. I don't really browse or ever read anything there.
The brand value of X is, but in a master stroke they can rebrand as Twitter.
Took me a while to realize that very few of those ads were really targeted, it’s just when the cheap ad slots were. If you spend a lot on ads it’s valuable to spend a bit more to make sure they’re connecting. But if you’re going cheap the shotgun effect isn’t a terrible strategy.
I think X is quickly going to find that Billy Mays was a paragon of cheap ad placements and half of what they get will be worse.
Lately, my X feed has been showing a lot of ads for cheap Aliexpress drop-shipped products that are way overpriced. (selling for $24 what you can find on Amazon for $8)
Maybe that's just because of the Christmas selling season, or maybe that's a hint of the new normal.
For a decade or more, a reliable grift has been selling "buy something on ali-express and sell it on another site for 10x markup" as some sort of business secret to low information people and other scam-vulnerable populations, and nearly all of them nowadays amount to "the next step is to buy $10k worth of ads on instagram" for the same white label product that everyone else is dropshipping. They're just get-rich-quick schemes. That's why they are so clearly low effort and fraudulent, because that's just how get-rich-quick schemes always are, because the target audience believes that if they just scam a little harder, they can be rich too.
its funny that you would think that those ads were targeted to you. television was so insanely monolithic. it was a shared experience. everyone thought the same thing. the idea of targeting anyone in particular with television seems silly today…
"Kid, we really need to cut back on your TV time."
LinkedIn: Mostly thought leaders, few thought followers.
X: Few thought leaders, mostly followers.
If I have some ad budget, I'd rather spend it on reaching out to leaders.
I find LinkedIn to be full of people that think they are thought leaders, but really are not. Useless articles mainly that do not drive engagement.
I prefer here on HN and Twitter for what I consider thought leaders.