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Good points & over all, I really appreciate the rational, yet learning/confrontational discussions here. I was just trying to spread the word to other startups
by johnvschmitt 12y ago
Good points & over all, I really appreciate the rational, yet learning/confrontational discussions here.
I was just trying to spread the word to other startups that the auction-based paid advertising model might work initially, but gets really tough to sustain as it naturally evolves.
In a non-auction based method, the evolution to "zero margin" may be a slower process. Yet those non-auction methods of paid advertising (billboards, magazine, TV) are just horrible for tracking & closing the loop as to be obsolete, and are often too expensive for startups to even enter anyway.
The best advertising is to realize that your customer service/support function is not an cost, but rather an investment in word-of-mouth advertising. Investing in great customer service is often the best modern marketing.