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by simonbarker87 1987 days ago
My cofounder and I used to manage a £100k/year ad budget and we did TV, news papers, radio and Facebook. The level of engagement and ROI on Facebook was insane compared to the others specifically because we could tweak and cohort up the audience so specifically - we even commented how terrifyingly powerful it was and that it was a good job we were only selling a home efficiency central heating product because in “the wrong hands” it could clearly be devastating - you just don’t get that level of granularity with more mass media outlets, even when you break it down by readership/demographic
1 comments

How much of that was useful engagement though? One of the hot topics a week ago was ad fraud being so prevalent on Facebook and Google that it caused Uber to shift their whole strategy

https://news.ycombinator.com/item?id=25623858

Our sales numbers, the only metric that mattered to the kind of business we ran was 10x even the best of the other methods