I have completed two different Steem promotion campaigns. The first campaign was conducted in Google Ads, the second - in Instagram. I wanted to compare the performance, but they cannot be compared. The reason is different geographical coverage. At Google, I could conduct campaigns for the whole world, and Instagram constantly complained about too wide a geography.
Nevertheless, let's take a look at the results.
Campaign in Google Ads
Campaign details:
- Landing page: Passive income with STEEM
- Campaign objects: Steem Blockchain, Passive income with STEEM, Passive income with crypto, Looking for passive income?, Crypto for stable earnings, It is STEEM that can offer you stable passive income, Earn Money with STEEM, and many more.
- Audience interests: finance, investments, writing, making money, etc.
- Language - English.
- Geography - the whole world.
- Campaign period: July 18-23, 2024.
Results:
- Number of ad impressions: 43.6 thousand.
- Number of clicks on the ad: 2.4 thousand.
- Average price per click: UAH 0.29, which is $0.007.
Geography of clicks on the ad:
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Geography of ad impressions (top 20):
Campaign in Instagram
Campaign details:
- Landing page: Earning opportunities offered by the Steem blockchain
- Post: https://www.instagram.com/p/C-IeNUJspJg/.
- Audience interests: Creative writing, Blog, Personal finance, Financial services, Investment, Writing or Investor.
- Language - English.
- Geography - Canada, United Kingdom, Australia, Norway, Germany, Romania, Belgium, Sweden, Finland, Bulgaria, Netherlands, Ireland and United States.
- Campaign period: August 2-4, 2024.
Results:
Conclusions
Google showed the absolute majority of ads in India, while Instagram - in Europe. Therefore, it is not possible to compare the cost of clicks. However, with approximately equal budgets, I received 2,400 clicks on Google, and only 100 on Instagram. The difference is incredible.
I am convinced that campaigns for the promotion of Steem in Google Ads are much more effective. Unfortunately, Google puts many obstacles and it is almost impossible for an individual, not an entrepreneur, to work with this network.
I have nowhere to rush, I'm not at work and I don't have to start a new campaign right away. Therefore, I can devote some time to study in more detail whether I still have at least some opportunity to work with Google. Alternatively, I would consider ordering a Steem Google Ads campaign from a professional ad company, at least find out what their prices are.