Does Promotion Work?
Ok So I have tried promoting a post before and with no surprise it wasn't really a success but I didn't blame it solely on the platform. I only spent about $4 SBD on promotion and it didn't even get me close to the top of any of my post categories.
So I figured I would give it a fair shot this time??
Lets make It Rain!
Ok so I didn't go to crazy with money, plus I just started so I'm not that heavy with funds at the moment. What I did was slowly increase the promotion amount I was willing to spend to get to the top of the categories my post is currently in. I started with $8 sbd and I thought that might be enough, but wow. It only got me on the list but not close to the top at all. So I continued to pay more until I reach the results I wanted.
Here is the Post I'm promoting. (Check It Out)
Overall I spent $24.487 SBD on promotion.
Before Promoting The Post
(Good Luck Little Guy)
What Did $24.487 SBD Get Me??
We ll it did get me to number one on a few tags so this might be enough to test this promotion out after all! I'm just glad it didn't take more then that. But note this, it still only got me to 12 place on main Promoted charts! I can't imagine how much you need to pay to get on top there??
Art Promoted Charts
Drawing Promoted Charts
Photography Promoted Charts
So What Now?
Well I just sit back and watch this thing fail and I loose some good coin, or it starts to pick up and I at least get my money invested back?? I hope a post containing some useful resources for fellow steemers was a good choice for this promotion tes report series, I would assume so but. We know the old saying about that right! I will be back with a new report every 3 days to see how things are going, so if you are interested in this like I am. Stick around and maybe this will save you some BUCKS or who knows we all find out if it's WORTH IT OR NOT!
Upvote, Follow, Resteem, and Enjoy!
Join PALnet and Get Informed: https://discord.gg/HYj4yvw
(Like The Gif? View The Blog For More) (Free 2 Use)
If you click the dropdown next to the payout amount you'll see how much that post has spent on promotion :
I actually made a tool when the promotion mechanic first came out to help figure out what the days promo cost would be. The earnings column has apparently broken since I last used this, but it still works for a general idea of costs :
Each time I've tried this, I've been dissapointed. We need more incentives for people to view the promoted section, or to combine the promo spend + payout so paying for promotion lifts you up the trending page
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Absolutely. What if instead of paying for the promotion, the author sacrificed a larger portion of rewards to the curators? A 50/50 split would incentivize more curators and the author wouldn't require the upfront cost.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice idea, but we'd still need a way to decide the display order of posts as well
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good point. Maybe a combination of $ spent, account reputation and post age could determine order. This would (allegedly) give more credibility to the list.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah display order is already done in a obvious way, but it makes sense. I think it should be more about getting the Promoted content in front of more viewers. They say promoted section is the highest traffic area, but I don't see where the current numbers show that as correct??
Maybe a new featured post (Ad) headliner area, they would just need to figure out, which post get ad spot and cycle times. Maybe amount put into promotion equals an amount of time for your ad to be displayed over a span of days?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That would be interesting, but I think more difficult and costly to implement than the problem deserves.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah would be nice is Promoted page was more of a Paid Feature page. Put them in front of everything.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a 2.1% upvote from @randowhale thanks to @justcallmemyth! For more information, click here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The final REPORT IS POSTED!
https://steemit.com/minnowsupportproject/@justcallmemyth/dont-waste-usd25-sbd-on-promotion-like-i-did-the-final-report-does-promoting-post-actually-work
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You sir are a Marter for all
I believe in the gambling phrase
"You gotta spend money to make money"
But I dont have the balls to do that here:)
Good luck to you and your endeavors!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank, you glad this will become a big help!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I was wondering about this myself. Looking forward to hearing your results.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Boldly going where no Steemian is willing to put their SBD's. I hope you at least make your investment back. I tried promoting a post (with less than one SBD) and so no benefit at all. I guess I wasn't as brave as you. 25 SBD, take the dive and hope you don't hit the bottom! Steem on! @ironshield
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
TRUST ME I'M WORRIED! lol! Should be insightful though!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Write another post with your results! Maybe my voting power will be back enough by then to upvote you! @ironshield
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
will do
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I've always found the best way to promote a post was to simply go around commenting on other posts. If your comment is interesting enough, then it may direct people to say 'Who is this guy?' At which point they go see your blog and are inundated with all your wild and crazy posts. Hell, it might even work. Just remember, read the post so your response is actually insightful and relevant. Can't wait to see if your experiment pays off.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, I to go about this way as well. Thanks for the tip! This really helps!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are crazy but I like ^^
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I guess I am a BIT CRAZY!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I wanted to try this, but I was afraid it would be a grat fail. Thank you for taking the risk for me.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
no problem! Just wanted to see how this goes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Perhaps the minnowsupportproject is a better promotion than that promotion!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thats how its done you have to test market ;-) Good job and thank you for sharing!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What I'm here To DO!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Test test test Thats what marketing is tweek tweek!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Looks interesting, I hope it all works out well!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I tried 2 promotions. Those posts did get a few more views. Wasn't worth it for me though.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Worth a try! I had a go in the past with little success too!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit