Leosghost - 1:53 am on Oct 6, 2012 (gmt 0) [edited by: Leosghost at 2:03 am (utc) on Oct 6, 2012]
You sound like someone who tried FB advertising and got burnt
No never used it..
and yeah there are plenty of people like that.
yep ..I know and talk to a lot of them ..read what the big ones, and their agencies say about it too..talk to a lot of their agencies privately..
However if you know what you are doing it can be the best ROI on the web.
Sure depends on what you are advertising, but over all it's ROI is crap compared with other venues for adspend..and it's methods are waaay more obscure..and it's figures pure fantasy..
There you go LEo mull over that one!
been in advertising ( including some of the very biggest agencies and clients ) since the mid 70s ..you see platforms come ..you see them go..you hear the hype..and you watch the marks get their money taken..
When facebook finally falls over, it will be all by itself one of the largest write offs in history from one outfit ..if not the largest..already it has lost more than Enron etc ever did..many people that should be wearing Orange jumpsuits are not , because everyone that could look closely , is looking the other way and praying that they can get out from under before the house of cards falls on them too..
Bernie M terrified them when they saw one of their own do the perp walk..so they are now all averting their eys and trying to divest..
By end of October, the crap will really begin to hit the fan..
But it is fantasy VC money ..which will be reimbursed to the banks and the brokers out of the little peoples taxes..just like the banks were after 2008..
facebook could have been an interesting platform..all that data..I said so at the time that the Russian were buying in..but..then wall street and particularly GS got involved pre IPO..and ..as usual.. too many crooks spoilt the broth..
[edited by: Leosghost at 2:03 am (utc) on Oct 6, 2012]