this post was submitted on 15 Jun 2023
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Technology

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Original link from The Wall Street Journal

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[–] dan@upvote.au 10 points 1 year ago* (last edited 1 year ago) (1 children)

You'd be surprised. Advertisers wouldn't be running the ads if they didn't have positive ROI (return on investment). A good ROI is usually at least 5x (that is, for every dollar the advertiser spends on ads, they make five dollars). Google's estimates are even higher at 8x:

we conservatively estimate that for every $1 a business spends on Google Ads, they receive $8 in profit through Google Search and Ads.

(source: https://economicimpact.google/methodology/)

Retargeting ads - the ones where you view a product somewhere then see ads for it on Google, Facebook, etc - are especially successful. They have a very good clickthrough rate since the product is already something the user expressed interest in.

[–] cavemeat@beehaw.org 1 points 1 year ago

People who are very anti-corporation/advertising/etc are unfortunately a minority.