Billions of us earn $0 a day writing posts, sharing pictures, and uploading our videos online. On Steem, 400,000+ of us earn a total of $50,000+ every day for posting, commenting, and upvoting. What do you think of the simple message and call to action to join us on Steem in our seventh video ad together here? Track the budget and previous ads at https://airtable.com/shrXuoYTnODWA0QG1.
Facebook Ad
YouTube Ad
Ad Storyboards
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Initial Results on Facebook
So far the results look to be the very best on any ad campaign so far! Usually the results improve after the first day as Facebook learns more about who responds well to the ad and on the first day this ad is already performing almost as good as Steem video ad #3 which has been the best so far.
For targeting I set worldwide on the interests below for round 1. As the ad gets more social proof and sharing, I will make new ad sets removing countries taking too much ad budget and also make ad sets targeted only to the USA, Canada, Australia, and United Kindgom to guarantee impressions in each. I will also expand into more interests if the results continue to improve for these.
Strategy
While previous ads have been very long and all inclusive to completely pitch a small segment of early adopters, this ad is intended to have more mass appeal to promote discussion, sharing, and further research. The previous 10+ minute ads likely prevented 99% of people from wanting to even start the ad. I hope this format will make it obvious even to causal viewers in under 1 minute what the huge opportunity is in participating in our community.
The ad focuses completely on the money because that is what truly makes Steem 10 times better than using another website. The total amount of money available for creators is what is incredible here and this ad emphasizes that difference. I only signed up here because it is easy to see where the money is being made. By comparison, seeing how top Instagram users, Facebook pages, or WordPress blogs are earning money is not easy for the average user or to implement for the creator.
As I saw how much money the authors were making here, I was certain it would be worth my time to take Steem seriously. We want new users that will give up on what else is in progress such as an existing blog or an Instagram account and go all in here instead because each of us that is all in brings a lot of people in with us.
I link directly to my profile because this provides a consistent user experience and I control what users find on the landing page. In the comments on Facebook, I link directly to the account creation page but avoid it in the ad because most people will not be ready to immediately sign up after seeing a 52 second ad but instead want to browse themselves. Our sign up link in the upper right is plenty obvious along with at the bottom of posts for those ready to join.
For these ads, I am finally using the r=@jerrybanfield tracking parameters to help Steemit track the user signups the ads generate directly from the ads. For example, https://steemit.com/@jerrybanfield?r=@jerrybanfield. That said, direct tracking is likely to underestimate the true value by a huge amount because of cross device use, repeated visits, delayed signups, etc. Still, something is a big improvement over nothing.
If this ad does as good as I think it will, we are going to get a lot of new users from it and the video will end up with millions of views on YouTube and Facebook!
Funding
The primary method for funding these ads are the rewards I receive as a witness as explained at https://steemit.com/steemads/@jerrybanfield/usd0-02-per-click-on-ads-for-wired-com-steemit-article and https://steemit.com/steemads/@jerrybanfield/giving-100-of-my-witness-rewards-to-advertising-steem.
With switching to using witness rewards for the ad budget, I am no longer using any author rewards for the ads meaning upvotes on this post will not contribute to the budget as they did on previous posts. Using witness rewards instead of author rewards eliminates downvoting, provides a consistent budget each day, and reduces the amount of my posts like this that get artificially boosted into the trending page from upvotes going towards ads.
Track the budget anytime at https://airtable.com/shrXuoYTnODWA0QG1.
Since my last post on October 17, 2017, I have averaged 55 blocks per day with the reward about 0.95 Steem Power per block near rank 27 which equals about 314 Steem worth of rewards including today. With no server costs to subtract today and Steem at $0.92 today, I am adding the following amounts to the budget for today from this witness update.
- 50% of Steem reserved for delegation to authors here for writing amazing posts I can advertise and/or funding projects for delegation that reward authors on an ongoing basis which I can also advertise. I just delegated 5,000 Steem power to the first project at https://utopian.io/ and will be making the post plus the ads soon for it along with the entry on the spreadsheet. Today I am adding 157 Steem Power to the delegation pool from the witness rewards.
- 50% of Steem power adds the USD amount to the Google and Facebook advertising budget on the spreadsheet at https://airtable.com/shrXuoYTnODWA0QG1 which equals $144 added today!
Would you please make a vote for jerrybanfield as a witness or set jerrybanfield as a proxy to handle all witness votes at https://steemit.com/~witnesses because this will help increase the budget up to 250+ Steem Power daily as a top 20 witness? Thank you to the 1700+ accounts voting for me as a witness, the ~700 MVESTS assigned from users trusting me to make all witness votes by setting me as proxy, and @followbtcnews for making these .gif images!
OR
Witness Updates
Assisting with visibility for Steem is the primary contribution I make as a witness. The ads I make combined with the posts I make on my profile are intended to help bring in as many new users as possible and show the potential of participating every day here.
Here are my server specifications for my primary witness, seed, and backup server. These should be good enough indefinitely to run a top 20 witness position with a block every 63 seconds. So far 1 missed block out of thousands received!
64GB DDR4 RAM
2x Intel Xeon E5-2630 V3
2x 240GB SSDs
1Gbit/s connection
I tested my backup server for a block last week and it worked! I have conductor running which I hope will provide automatic failover to the backup witness if I miss 10 blocks. One good way to find out ...
For the rest of my witness information such as account creation fee, I follow the lead of the top 20 witnesses and strive to keep my server updated to the newest version as fast as possible. With a lot of existing responsibilities and limited experience in Ubuntu Linux outside of setting up each of my own servers and getting them operational, I collaborate with @someguy123 to help manage my server especially for updates, missed blocks, and staying online. He is on call for problems and had my server updated to 19.2 within hours of release.
Witness Votes
With about 700 MV proxied and about 180 MV of my own, I am grateful and responsible for managing the witness voting for about 0.2% of all Steem power which is enough for a new witness to start getting a block every day and to sometimes adjust who is in the top 20 witnesses. My goal is to make votes that do the most good for witness especially on newer witnesses excited to begin producing blocks.
The biggest difference in the witness world is 0 to 1 block and I try to trigger that as much as possible. In maintaining my witness votes, I aim to build relationships where I can ask for and provide help which usually means in time mutual voting and collaboration. To make this possible, every week I remove votes from witnesses that are disabled or not voting me back and I seek new votes to help new witnesses start. Over time I expect the churn rate of my witness votes will be lower but for now it is about 3 to 5 a week. If you would like me to vote for you as a witness, please direct message me on steemit.chat or respond to this post.
Thank You for Reading!
I appreciate you looking at my witness update and newest video ad for Steem here! If you would like to help these ads work their very best and earn a few new followers for yourself here, would you please reply to comments on Facebook and/or YouTube because those asking questions are often considering joining and your response can make the difference plus earn a new follower?
Love,
Jerry Banfield
@jerrybanfield, how can you include yourself in "us". Scammy fucks like you earn even on trash posts like this one. Go fuck yourself.
"Billions of us earn $0 a day writing posts, sharing pictures, and uploading our videos online"
this is so useful!
I am confused about how to get steem power. upvoting or resteeming which one will help. @jerrybanfield
Thank you @jerrybanfield. You are promoting steemit in great way. Steemit is getting popular and it is really promising.
First Impressions are extremely important! and this well...
I appreciate that you do this to help the community and support Steemit, the video animations is great ... but your voice over to me, was off-putting and aggressive. No offense but you should consider using a professional narrator.
If I saw that ad and didn't know about you or Steemit I would never consider using the platform, I might even decide to avoid it.
Great marketing
Nice but you don't earn dollars on Steemit. You earn Steem tokens and SBDs. So it's misleading.
Dear @jerrybanfield and others who have a significant follower base and steem power and therefore earn significant amounts of $ from each other mostly for even trivial posts (because app. 90% of money earned is from whales if I would make a guess). Not a critique, but if you put the $$$ as a single argument you are misleading, because thats not the reality for people starting new at Steemit. Unless you are investing heavily in powering up, you will end up spending hours on creating good content and are rewarded with a $ or maybe 2. It is not worth the time spent for minnows. That´s a fact. Steemit is no doubt a great invention, also for other reasons, e.g. the aspect of reduced censorship vs. facebook. But to use money as a primary argument, says something about how you think about it, but it won´t help too much newcomers, who struggle after the initial introduceyourself posts.
I would spend more money to improve the user registration process, because that is another thing putting off many potential new users.
Good points, @jerrybanfield Not getting paid vs getting paid = no brainer! Thank you for sharing that!
Sweet man. Your voice sounds like a revolutionist! Do you know what is STEEM's total market supply? From coinmarketcap.com, I see that it is 261,636,911. However, that makes me wonder how that is possible if people will continue to get paid every day...! I have much to learn about STEEM's blockchain reward system!
They get paid in Steem which is generated every day. It does not come out of the market cap money, it is generated like any other cryptocurrency.
The Steem network continually creates digital tokens to reward content creators and curators. Some of the newly-created tokens are transferred to users who add value to Steemit by posting commenting and voting on other people's posts. The remainder is distributed to holders of STEEM Power and the witnesses that power the blockchain.
You can read more about it here: https://www.steemithelp.net/#/new-page-3/
and here: https://steemit.com/faq.html
Holly crap, I thought the voice-over for the video was one of those guys on Fiverr, but then Jerry's face popups at the end.
Anyways, great work on the video and FB ad campaign.
lol nice I was hoping that would happen to someone :)
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What the hell does this have to do with the topic of this post? STOP SPAMMING!
I'm curious if Facebook is really the best audience here, wouldn't more blog oriented places be the primary place to be promoting steemit which is just about what Steemit is all about?
I'm in at least 300 groups for bloggers, authors, artists, and content producers at fb. I can advertise in about half of them and get good response when I do. This is free though - you have to actually post - it's not an ad. I have not yet promoted steemit since I feel insecure here myself. Still swimming but not up to speed yet.
Good stuff as always Jerry!
Thank you Aaron!
Is it too little too late? Steem seems to be falling off a cliff in terms of price lately. It seems voting has been going down too. Its unfortunate, because i like Steem
We are just getting warmed up here! We are in another "dip" right now before another huge upsurge.
Everything going down not just steem. It is because of the bitcoin forks. Just wait until december. All should start going back up
Steem has gone up and down all the time since its launch but the interaction on the platform keeps growing and I'm still making money every day
Falling off a cliff.. or tim cliff?
Sorry.
Good work @jerrybanfield thank you for growing our community ;)
Great video! The content is short and sweet. I'm sure this will be a hit and hopefully people will share it. In this case I'd like to say that is about quality over quantity. Keep up the great work. Best wishes to you always. - @splendorhub
wow, lovely colors...
it makes the comments so much diferent, and beatifull :D
The graphics looks great! I firmly believe growing an engaging userbase is what will lead to the value of Steem growing. Keep it up! Also the video would be sweeter with some music.
When are we reaching 1 billion on steemit?...I wonder if steemit platform could support that many users
Love the ads, what about adding some background music to the videos :)
Hi Jerry I'm following you since a long time on youtube, and know I'm joining the steemit community and getting started bu following you ^_^
I hope we meet the earnings you're talking about on your videos :D
Anyway! Thanks for sharing this great comunity <3 <3 <3
You do good work.
Hang in there.
Ha ha, that's the truth @jerrybanfield! I am becoming somewhat of a hermit on Facebook, my facebook friends are looking around thinking where has he gone. The only time I emerge from the metaphorical cave of steemit, is to post links to my facebook friends to my blog posts and poems here. It is one massive cave though, with other like-minded hermits chilling and having a party. There is certainly no pot of gold over @Fbook 🌈
I watched your videos and posts.Great job.thanks for sharing👍 @jerrybanfield
Hey @jerrybanfield I voted for you as a witness. Can you confirm it took effect?
Love it! Can't wait. Thanks a ton for having us, and thanks for the shoutout too :)
Vote for vote and flow me i will flow you
Good Points. Found some kinda revolutionist in your voice. Love it man. Keep Going .
😍😍
Hi Jerry
Great post, but Steem is missing the point IMHO
What is the point in attracting even more users to the system?
The platform is bleeding users almost as fast as they arrive.
The platform needs to be fixed first, then attract more users.
New posters give up because time & efforts are not rewarded
Commenters give up because ditto ditto
Curators give up ditto ditto
Nobody continues to work for 0.01 /0.02 when they are competing against bots that earn 50/100/200.
Only a few whales win around here & they bot vote for each other effectively living off the hard works / efforts of minnows.
No sour grapes on my part, I've only been analyzing the system, but Steem is just a monopolistic platform no different to FB ownership belongs to a minority.
The future looks bleak, an ocean full of a whales. with nothing to feed from once word gets out & steem attracts the "con-job" TAG.
Word spreads fast, it won't take long for an ALT platform to spring up and effectively wipe steem out, just by taking the steem basic concept & doing it better. ie A focus on growing the base not enriching the top.
$0.02
@jerrybanfield until the Steemit platform is actually running smoothly there is no point to advertising on Facebook. All you are doing is Devaluing STEEM.
By constantly powering down steem to make bitcoin to make USD to pay Facebook you are creating less demand for STEEM and more demand for Bitcoin.
The way you are advertising Steemit threatens the future of it. Since you are encouraging people to sign up to make STEEM to powerdown to get the money that they are advertised to get. If Steem continues to go down then there will be less people wanting to invest in it especially if people just see it as something to get ride of once they have it.
If you really want to create lasting value with Steem you need to encourage more businesses to accept Steem as a payment. When people see that they can actually get real goods and services with STEEM then people will be more likely to invest in it.
Then it is actually functioning as a currency and not someone's temporary get rich quick scheme.
@berniesanders you may appreciate this post
@berniesanders you may appreciate this post
Thanks Jerry ... For this interesting article .You do lots of hard work and that pays you. Good work.alll the best
Hey Jerry I really enjoyed your videos a lot I am one your subscriber on YouTube and really appreciate your efforts making some cool posts like this...Thanks man..😊😘
what a brilliat post, i admire you a lot,
you are always going extra mile to teach people and impact in life
I always watches your video and post all are very helpful thanks for sharing these ...):
hi mr @jerrybanfield I am a fan of your explanations
your video is very funny.
hahahah.
I like
You are great man sir .good luck.go ahead sir
nice explanation sir even i joined by seeing your facebook add. thank you @jerrybanfield for showing me such a wonderful platform. with love@crazyguy
my first upvote in steem goes to @jerrybanfield
Thank you for all of the time you put in on this. With more people involved I hope the value of Steem will go back up. I hope more people will pump and less will dump.
You are Awesome in every field a strong sense of writing ,When ever i see your post i stop working and start reading every time i gain a lot . Thanks
Good promotion ad for steem bro, and you be krazy lol but i like it. Keep inspiring bro and stay awesome. @jerrybanfield
Gerry you're such amazing person
Love reading your blogs
Amazing work as always, glad to see the word getting out about Steemit and the positive support this community has on others around the globe.
Great STEEM video, congrats!
Holly crap, I thought the voice-over for the video was one of those guys on Fiverr, but then Jerry's face popups at the end.
Anyways, great work on the video and FB ad campaign.
Thank you for your work jerry.
A lot of people don't know about steemit yet, but when they will find out, it will be an explosion of new members and facebook will go down!
I just HOPE that Steemit will not shut down as like other blogging platforms that gone in no time.
Thank you for helping us all