Here's a question about how to market small business in a privacy-preserving way, cunningly disguised as a blog post. I would LOVE comments and suggestions!
https://hodzilla.com/2023/07/11/marketing-that-respects-privacy/
Here's a question about how to market small business in a privacy-preserving way, cunningly disguised as a blog post. I would LOVE comments and suggestions!
https://hodzilla.com/2023/07/11/marketing-that-respects-privacy/
Good thoughts.
We should remember that with marketing, esp. advertising, it was never easy to determine "which half" was (not) wasted 😄
cf. https://staff.washington.edu/gray/misc/which-half.html
Advertising with #GAFAM may seem cheap, no effectiveness questions asked. And getting a message across is vastly different from triggering a buying decision ...
Btw, I still think the 10 years old eBay study has many enlightening aspects when it comes to paid ads.
@mindshoot @lauraritchie
Here is a popularized, somewhat funny story about this, I think relating to a 2013 paper (I know I have a PDF, trying to find it and the original URL).
@wuerglerit @lauraritchie that was a good read, thanks! Definitely thought-provoking.
The kind of marketing I'm thinking about is seeking people who know they like something (eg takeaways, Zumba or whatever) but don't know about my particular offering. Each purchase / action must have come from something specific like word of mouth, finding a website, seeing a social media post or whatever. In a local market where 99% of people have never heard of you, inefficiency isn't such a big deal.
I think you are right. Even this or other papers seem to differentiate. As long as we don't blindly believe marketing promises or focus solely on one thing.
I find it very difficult to get the message across. For me, keep friends updated without getting too intrusive is moderately helpful, as are any personal contacts. But also make customers return -> superb product/service. Often against many others who strive to be best, too.
Good luck!