Our ads for Steem showed 6,692,104 times on Facebook this month while on Google and YouTube our ads made another 461,115 impressions! The total cost for the ads in January 2018 so far is $1,869.37 paid to Google AdWords and $3,765.41 paid to Facebook! For those of us interested in seeing more about the ads, will we watch this video exclusively uploaded to @dtube because it contains a quick recap of this month's ads plus plans for February 2018! Review the budget and existing ads at any time at https://airtable.com/shrXuoYTnODWA0QG1 which in summary shows over $20,000 in funding for the ads with about $20,000 spent so far!
See the Full Report on @dtube!
Summary of January 2018 Results!
- The most successful ad on Facebook can be seen at https://www.facebook.com/jbanfield/videos/1517754641578040/ which features a video intended to help Facebook users discover the value of Steem!
- Our newest ad with the most impressions focused on helping ignite excitement about Steem in the cryptocurrency world as seen at https://www.facebook.com/jbanfield/videos/1661161520570684/. I decided to pause this ad and will try again with different ad text because the costs have been too high so far per share and page like.
- Ads for https://utopian.io/ reached 61,388 github users on Facebook.
- I focused about $100 this month specifically to South Korea where exchanges like https://upbit.com/ have helped cryptocurrency prices rise especially Steem!
- My goal with the ads is to get the best results for the lowest price which has consistently happened since starting the ads in June 2017.
Plans for February 2018!
- In February I will be submitting 25 posts from other users to Google for ads along with a matching video on Facebook from https://steemit.com/budget/@jerrybanfield/the-top-25-steem-posts. I will also be including the video from @tomasgeorge in the ads along with testing more ads of my own.
- We have over $5,000 remaining on payments already sent from @budgets to cover the ads for February and my hope is to hold off on sending more payments until Steem is $10+!
Funding!
- We funded this through payments from @budgets which earns through bids and delegations to my account's voting bot. Every day the bids from the voting bot pay out as follows: 45% of the bids received each day to @budgets to fund more projects, 45% back automatically to delegators in daily payments equal to about 1/1000 of the Steem power delegated, 5% to the bot operator @steembottracker, and 5% to @jerrybanfieldroi for my 104,000+ Steem power contributed effectively giving me a fractional percentage of what the rest of the delegators receive that I mostly use to upvote posts with my bot. While other bots may pay a higher percentage to the delegator, the ideal scenario for an investor is to both receive a return AND have the price of Steem go up. All the projects @budgets funds are intended to raise the value of Steem and therefore the price of Steem. Anyone can add the tag #budget to a post on a project intended to grow Steem and have a chance to receive funding! I like funding lower cost projects with clear goals like meetups, ad campaigns, and new apps.
- If you have not voted for me yet as a witness, will you please join now over 4,000 of us placing a vote for me at https://steemit.com/~witnesses because every witness vote helps increase the funding indefinitely along with helping me represent the future of Steem as a witness? If you think you have voted already, will you double check that the green checkmark is active next to my name because many of us have tried to vote multiple times and ended up removing the vote the second time?
- If you would like to convert some or all of your Steem power to passive income payments each day and help fund all growth projects for Steem including these ads, will you please use the tutorial I uploaded yesterday to delegate Steem power to me at https://steemit.com/steem/@jerrybanfield/65wju0wr because the delegations help increase the voting power of my account which is used exclusively as a voting bot?
- If you want me to upvote your post, will you please send a transfer to me of at least 1 SBD or 1 Steem with the link to your post in the URL because these are how the bids work on the bot? I recommend timing it with https://steembottracker.com/ for the best return.
Thank You!
I am very grateful for the chance to work at home today primarily on Steem a few hours every day and to earn enough income to support my family which includes paying down the $200,000+ in student loans @laurabanfield and I borrowed to get graduate degrees. I hope what I contribute on Steem helps many of us to earn enough to avoid borrowing money and needing to do work we do not love.
Thank you for giving me this chance to be of service today!
Love,
Jerry Banfield
▶️ DTube
▶️ IPFS
I have not seen an ad for steemit on fb, but i also doubt i would ever click an ad on purpose unless they trick me
ads on Facebook are pretty much useless. People using facebook are pretty much blinded to ads.
Facebook announced that they are banning advertising for cryptos today. I wonder if that will include Steemit (and Steem). Could that be a factor in trying to stop migration of users away from Facebook? I didn't consider that in a brief post I wrote on the issue.... I thought they were simply trying to clean up the suspect advertising they've been scrutinized for lately...
https://steemit.com/cryptocurrency/@digitaldruid/quick-take-facebook-banning-advertising-for-cryptos
I guess so, especially as Steemit could be seen as competition to Facebook
Thank you, didnt know that...
But hé, 21K people signed up on Steemit yesterday, so i guess we're good!
While getting 24k new users yesterday was really nice, we still need a lot more new users if we want to become mainstream :) Getting people to convert from Facebook to Steemit could be huge for the growth of Steem!
You're correct,
but; new users should get some time to get familiar with the Steem blockchain and be confident to buys some at good prices as well!
Yeah, it is important to remember that it takes a while to get used to Steem(it). It can often feel overwhelming for new users here, especially those who have never touched a cryptocurrency before.
I like Steemit better. Only been here 2 days but like it much better already. Facebook is one thing but I notice we still getting alot of love on Google search engine. Lets pray that continues. In my short period of time here I can tell you that for investors this is by far better than Facebook. I love this community so far and look to grow here.
We all need to keep posting links to Steem(it) from outside of the blockchain if we want this trend to continue ;)
Welcome by the way! I'm glad you like it better here than on Facebook!
Oh wow, this will most likely include Steem and Steemit.. This really sucks!
just saw your comment after posting the same thing. Facebook have battered ne for a whole month when it comes to posting steemit links across there
The problem is the users are desensitized to seeing the ads, and they no longer become useful. The good thing is that those who do see them, will hopefully see the Steem ads!
While I agree with the argument that many users are desensitized to adds, this is of course not completely true. Online ads is a billion dollar industry, so obviously the ones who are paying for the adds have to make a profit of it, or else they would not keep paying for it.
I can't argue with that.
Wow. Love the all the metrics with the ads. Hopefully these ads will lead to new users. Very sophisticated advertising. Above my head.
PLEASE FIX THE SIGN UP PROCESS!!!
Dont get me wrong, I love steemit and Dtube (check out my page). But my older sister signed up for steemit the same day as me, and she STILL hasn't had her account approved! We also checked out AnonSteem but they charge ~$50 for accounts there.
I know we're not the only ones having this problem. Please fix the sign ups! So when all these millions of Facebook users come, they can actually get in!
thumbs up if you agree
I disagree, it stops the influx of fake and bot accounts, truly represents what a social media platform should do here on steemit. In my opinion, Facebook will try and implement a similar thing but I can’t see it working, especially due to steemit being so popular already. More and more people will forget Facebook and come to steemit for their daily dose of news :)
I agree on your disagree, and sorry but not sorry if someone is caught in a few days o weeks on being registered, we don't want flood, and there's only 1 way to prevent it.
At least one of you gets its :’P lol
I've learnt not to be a crybaby about waiting in line for soemthing taht's worth :p
Now i just have to learn propper english xD
fake and bot accounts have existed since the beginning of social networks. And they have never stopped them from succeeding. Sure, a few bots might come through, but there are already bots on here now! (I know because I've seen one comment one of my vids and it actually said"I am a bot")
But by making it hard for legit users to sign up, you are giving them a sour taste in their mouth. Like I said, I got approved, but my sister hasn't. It's no fun using a social network when you can't even sign up your friends and family!
The masses dont care about bots and fake accounts. Youtube, Twitter, Facebook, etc get along just fine with them and most people don't care. Because it is a very small portion of accounts.
How can we expect to Youtubers to bring their audience over, if they can't even sign up for an account?
Well it limits it to a greater degree than Facebook and I love that about it, you can sit and point out all the negatives all day but that’s not going to develop and evolve the platform is it. How about looking at all the positive aspects and look long term, this time next year, dtube will be pulling in so many youtubers, specially those that had been demonetised recently. A decentralised social network/video blog community is just what the world needs, they jut don’t necessarily know that yet :)
I respectfully disagree with this statement. I think most spam/fake/bot accounts are made by users who already have a Steem account, and it is very easy for those of us who already have some SP to create a new account. The slow sign-up process is only harming new users who want to join the site with their first account.
They get flagged and will eventually have little reputation on here. And how’d you know it’s not someone just commenting on your post saying ‘I’m a bot’ to make you think That? It’s a reverse psychology thing, to make you think if you upvote their comments or follow them that you’re going to be able to generate income faster. I ignore all bot comments and often flag them
And then the main account can just undelegate their SP and create a new bot in 20 seconds. At this point it is extremely easy to create lots of spambots without any real problems, since you can just dump all the downvotes bots anyway.
You seem to have a lot more info than myself so I have decided to follow you :) thanks for replying! Have an awesome day and week!
Thank you! Have a nice week yourself, @cryptattoo!
Had to apply multiple times before it seemed to be working at all. Then had to wait a week. This alone can cause people to go elsewhere :-/
Yeah, it can be very problematic for users who don't have a lot of patience. But a fix is coming in the next hardfork, so at least that's good news :) The bad news is that no one knows when the next hardfork is planned..
I do agree. i understand a few days maybe 3 to 5 working days but my case was 2 weeks so straight away I thought that's going to create a retention problem. Most people nowadays would forget they even signed up to something that long after unless they were like really eager like myself. I have created capture pages for the people i invite so at least i can automate some educational emails in between the waiting period.
It will most likely be fixed when Hardfork 20 is released, but who knows when that will happen..
shift is happening for a while now
We don't need Facebook people on Steemit! 🤣
The people on Facebook need us!
I agree!! I find myself looking at FB less now, the only reason I go there now is for work (I work for a marketing agency).
At the times that I didnt still discover Steem yet,I spend too much time in facebook,but now that I'm on Steem ,I find here more interesting..
Hehe, isn't it nice to get paid for spending your time on social media for a change? ;)
@valth ..yes,it's really amazing that I can earn at social media..I've already followed you,hope you will follow me too so that I can have my great time here😊..
Giving an explanation is always better then talking numbers in my opinion, especially now with what happened with Bitconnect. Coming to a realization yourself about the money making potential of Steemit will have a much greater impact then telling them it might go from $5-$100.
When every single alt coin rep is saying the same thing, repeating it has a negative instead positive impact you are looking for. We are talking facebook here.
Gotta spin it. :D
Just my 0.01 SBD :D
True but there are people there who doesn't know that something better is out there where they can actually contribute , share and make money while doing it. :-)
Yeah, we need to let people know that there are good alternatives to Facebook and other social medias!
The structure of Steemit itself is what drives the cultural development here. "Facebook people" will behave differently in different environments like anyone else.
That's a very interesting way to look at it, and I hope you are right. I don't think traditional "Facebook behavior" will really be valuable here anyway, so people might have to change their behavior if they want to earn money.
Enabling a free market dynamic in social media is an interesting experiment, to say the least. The more we promote valued connectivity the more readily we evolve, IMHO.
Yeah, absolutely! I think we are seeing both the best and the worst of humans in this experiment :P
I think we should try to establish bridges to the facebook world. I have around 1200 followers on facebook. Right now it is not very attractive to follow me on steemit. And it is not easy to understand what steemit is all about. But if they read the good quality posts and get involved they will join. And more important : They start to produce own content and get more SP.
Wow, that's not a very nice thing to say. People who use Facebook are not lesser than anyone else. I believe that Steem should be open to everyone, even if they have spent a lot of time on Facebook in the past.
Can Facebook People become Steemit People?
Sure, Facebook people are not necessarily bad or stupid people; they are just people who prefer to use what they know instead of trying something new. If we help then with the change, then of course they can become Steemit people :)
agreed, we help people transition to better alternatives than Facebook, such as Steemit, Minds, Gab, and whatever happened to vid.me?
http://www.vid.me
I have no idea; I have never heard of vid.me before. But DTube is working pretty nice as an alternative to YouTube ;)
There was some rumors FB that they will not allow ads about crypto no more
Wow this is great, thanks for spreading awareness on steem
Will this be stopped by facebooks ban of Crypto ads?
I would assume that it will be :(
Dang. Well it had a good run while it did, I'm sure it brought in a few thousand people at least.
Yeah, it probably did! But I suppose Jerry can spend the money on other forms of advertisements on other websites to bring in new people. Sadly for the people of Facebook they will no longer be getting a better option delivered to their feed, but there's not much we can do about that anymore.
Hopefully word could spread organically, but yeah I agree with your points :(
We must all spread the word about Steemit, and we will have a huge organic growth! I think telling our friends, family and coworkers can be much better than buying ads in the long run ;)
Agreed! I'll be looking forward to sharing this platform when the time is right! :D
Thanks for all you're doing for us @jerrybanfield! So Inspiring!
Hi Jerry,
Really want to thank you for all the time and effort you put into this great platform.
There is a pretty active discussion in progress on steemit as to "where will the money come from to continue to pay the authors and curators?"
I've been asked to pose this question directly to you.
https://steemit.com/ponzi/@bycoleman/where-does-all-the-money-come-from-on-steemit-how-long-can-it-continue
Thanks,
more good news coming for steemis , hold ur steem my friends
I Agree! Hodl!!!
Yeah, this is a good time to hodl all the Steem you got ;)
That's awesome! I regularly post Steemit to my Facebook friends as well as my 9000+ Twitter followers. I am an addict!
It's great to hear that you are promoting Steemit to 9k people regularly! Keep up the great work :D
Thank you! I certainly will. This has become my primary online focus.
Oh, that's cool! This platform is not only nice for making some money, there are also lots of cool people here, so I get why you have changed to using primarily Steem ;)
The steemit platform is really gaining prominence, I didn't anticipate this quick growth.
I Agree, It Is Going Places! Nice Comment, Following YOU!
Thanks
Just curious are you into personal development books?
Agreed, Wendie. Truly. Steemit is a good kind of cancer oatmeal mud thing.
@wendie I thought the Same earlier today! Mass adoption happens so quickly, it’s unfolding right before our eyes though! A true decentralised social media platform that rewards its users to participate and create quality content / onstructive comments. It’s absolutely genius imo :D new follower from me, self employed tattooist from the uk, crypto enthusiast and now part tike steemit blogger lol , upvoted and look forward to seeing more from you in the future! :D
We've really got the ball rolling! Once hardfork 20 is released it will be even more new users, and there's no stopping the momentum now! :D
you are doing a good work for the steemit comunity Jerry!
Way to go steemit actually i am not facebooking as much as before i become a steemian really i am spending more time on steemit it give the feeling of a small beautifull town in here.
Thank you for the post @jerrybanfield
That's what happens once you get going with Steemit; you have no time for other social media :)
Hahaha @valth ur totally right and when u see your growing on steemit i get more addicted to it that’s true
Hope the best for u on steemit 👍🏼
I hope the same for you, @rabihfarhat :) And try not to get too addicted ;)
Hahaha actually i wish if i have enough time to be on steemit but i have only a little time in the evening.
Thank you for the advice
This is great news! And this platform is awesome. I have been asking my followers on your tube and other social media to join Steem and help build this community! Thank you Jerry for all you do and the great information you put out about Steem!!
Huge!
By the way, I just want to take this opportunity on this post because I kinda watch video preferably than reading on the text form.
My apology @jerrybanfield.
Its always been not really a good to watch on DTube I guess and maybe its only happening on my end. I only got a single good video on DTube without interruption. Mostly, its not smooth viewing, its rough, it breaks once in a while, a second or several or couple of seconds interval stoppage, then go playing again in a cycle. I ended up viewing the video more than twice the time the length of the video.
Anyone experiencing this or just myself?
You are right if all those in the steemit not only win the Soviets support the currency and will not die like the currencies that have disappeared
More users more power More prosperity
IMPORTANT!!!
Facebook just banned ads for cryptocurrencies, ico's and other financial products.
Source: Facebook
I guess @jerrybanfield needs to find some other way to target social media users then, or throw more money at Google Adwords. Either way, this is pretty bad news for this project..
I told a friend that very soon Facebook will either join the steem blockchain or face loosing more than half of its popular. Nice of you to have shared
i think it's already started. i mean one scroll on feed and you will see probably 1 or 2 ads popping up.It's annoying
Facebook have apparently looked into tokenizing their platform, so it could be a big contender to Steem if they manage to do that.
Rumours it could be electroneum
Wonderful update... steemit is growing and yes, your contributions have bern so so helpful!
This is crazy I went on facebook to see what you have made and I saw the facebook post before I read the title on steemit!
While most of the time you are doing very good videos and honest to earth here on your steemit, you forced it a little bit too much like an infomertial on that first video and it looks like all those many other scams you see on the internet.
don't over act it, don't try to push words so much outside with these over exagerrated body langage moves that , i know, are made to pulse and bear your words with a dynamic and visual feel, you already do it on your videos on steemit but it is way less "obvious" and subtle, you should keep that approach, i mean, the very down to earth and honest advice kind of videos you are already making on steemit.
It was a little bit over the top when i really love your other videos here, you don't need to force your words into people's screen as much as you have done it in the facebook ad. (because it's an overdone marketting ploy and really feel unnatural when pushed too much, disconnected.)
I hope this critique can help you for future videos ^^
Thanks for the article @jerrybanfield, everyone needs to be on Steemit.
BREAKING NEWS: Facebook has just banned all ads for Bitcoin, Icos, and cryptocurrencies!
Check out my post on why Facebook is no longer allowing ads for cryptocurrencies.
How can Steemit get around that?
I'm afraid it cannot get around this. There is no way to argue that Seem is not a cryptocurrency, so I guess he will have to stop promoting it on Facebook :(
@jerrybanfield if stemit had an affiliate program, getting ads in front of people would be much easier.
But just imagine how much spam you would see about Steemit all over the place.. I don't think people who are spamming their affiliate links is going to create that much long-term value to be honest.
the ads where great I was introduced to steemit and join.
It's good to see that these ads actually bring in new users! Welcome to Steemit :)
Talking about ads, I may suggest one that is the most inventive business and commercial. DollarShaveClub.
Hello @jerrybanfield I am a newcomer in steemit, I hope you visit my blog and help me grow and I wait for his upvote thanks
the end of centralised social media is coming! ! they sellings people data without nothing in return
This is an awesome post, Jerry! And it's good to see that we're getting people over here from such a big platform!
I was thinking.. this seems to be a big place for creators. Would it be more effective to target people in creative communities such as YouTube, Tumblr, Patreon, etc at first? Those communities seem like low hanging fruit, especially with the move YouTube just made against small creators.
Anyway, just brainstorming a bit mostly. What do you think?
S.E.O. of steemit is going high now, soon it will be the top search in google
That's a good point. And we all need to be better at linking to Steemit from other websites if we want the SEO rankings to increase ;)
yup sure :)
good ad bro keep it up
That's Great ....let's wait for the bust of growth of Steemit.People like you can take it too far.
YES!
I have sent you 1sbd @jerrybanfield please vote me sir, thanks
After knowing what all you are trying for growing the community a few bdays back, I voted you as a witness and I hope it will help us all. By the way, just thinking, what if rather than putting all money to ads ,you can just help new minnows like me by giving little bit of Steem so that we can either power up or invest in good bots or promoting via Steem promotion.
very helpful. upvote as well
https://steemit.com/dlivegaming/@irvanni13/legendary-game-reviews-harvest-moon
2.6M that's a number!
Really good job guys, Keep it up !
Steemit > Facebook soon !
I heard about steemit on Facebook .what about you?
Thank you Jerry for good post and also i cost witness vote. I thank the steemit is paradise for those invest if have money can earn much as they want but don t have money they willean even not cents so this is not a beauty of network power goes in few handsevery one ask good as i work since August i thinkk is not true here can earn bad content but need to invest playing condition are not fair thank you .
The real question is: What is the reasonably expected market share in a post-Youtube world?
That's a good question. I believe Steem and DTube will see a huge growth following the demonetization of so many YouTube channels.
Forget Facebook, steemit going to replace it within months.
https://steemit.com/steemit/@icom/how-steemit-might-beat-facebook-one-day
I like that way of thinking, but I think we need a little more than a few months to replace it ;)
Thats awesome! Achieving success on your own terms! Nothing can beat this!
https://steemit.com/steem/@muklisal/kenapa-aceh-dan-indonesia-masuk-kategori-utama-di-steemit
I myself was a newbie who joined in the new steemit a few days ago because I've started to get bored with the world of bloggers who is a service blogger application from google itself, which I think is very exciting to now mengigat income earned from my low vulnerable bloger then more to update the content in steemit because steemit is getting faster, maybe a moment I will continue to prosper for better steemit and can promote ads like blogger tips that can generate side benefits.
Wow this is great news for all steemit members & thanks to share this news with us.
Heyy I really like your posts! You were actually the one who made me join steemit! :) I love it so far, but it can be hard to get noticed in the beginning. Anyways thank you for making great quality posts!
That's why I'm coming on your profile again and again. Keep sharing such news with us. :)
I love the way you are sharing your knowledge with us.
Thank you for all your good work to promote steemit @jerrybanfield
You are definitely the person who brought the most users on Steemit!