On Facebook, 17,272,396 ads for Steem reached 4,612,137 people while 1,504,990 ads featuring Steem displayed on Google and YouTube in 2017! Review the campaigns at https://airtable.com/shrXuoYTnODWA0QG1 and see more data from inside my Facebook ads and Google AdWords account in this witness update!
Would you help increase the budget for the ads by voting for me as a witness at https://steemit.com/~witnesses because all of the earnings I receive as a witness fund ads that promote Steem?
Below is a summary of the results from all the ads so far along with my plans for future campaigns! An upcoming video will show deeper statistics!
Facebook Ads Campaign Summaries
Google AdWords Campaign Summaries
Note that the total from all campaigns in the second and third pictures are for my entire AdWords account while the filtered campaigns are specifically for Steem.
Time for New Ads!
Today all except the ads for utopian.io as seen at https://steemit.com/utopian-io/@jerrybanfield/ads-for-steem-s-utopian-io-targeted-to-github-developers are paused because Steemit updated the branding with a new logo and new user experience on the website.
Here are a few of my ideas for new ads! Anyone is welcome to make these as a post on Steem by tagging steemads and jerrybanfield to help me to see it. Posts I use as ads will receive a Steem power delegation as well as an addition to my @steemvoter!
- Smart media tokens case study. When one SMT successfully launches, having a case study showing how that happened will help a lot with bringing in more users hoping to launch a smart media token. While I realize this is an idea for 2018, it is one I am most excited about and that I hope a few of us prepare for in advance to have ready immediately after smart media tokens are live!
- Blogging on Steem vs Others. We want as many bloggers here as possible because Steem is a 10x better deal for new bloggers and a great opportunity for most every other blogger without a huge established community. Those with an established following then have a big opportunity to launch a SMT.
- Indirect promotion via live streaming. I am planning to have a 24/7 live music stream on my YouTube, Twitch, and Mixer channels along with several streams daily on Facebook featuring my music before the end of 2017. This live stream will consistently promote my blog on Steem and I believe will soon have thousands of people watching all day every day. Promoting the live stream directly will give me the best chance to convert the most new users to Steem at the lowest price because it is cheap for me to get new users on the live stream where I can then promote to them indefinitely often for free! For example, when I get a Facebook page like for $0.01, every live stream on Facebook has the chance to reach that user as long as they like the page. This means for $0.01 I could potentially reach a user hundreds of times over the next year for free including many times with posts from Steem in the newsfeed. Combining this indirect approach with the direct ads will be incredibly powerful because of the positive reinforcement loop of the live stream audience building itself larger and bringing in new users for free which all will then learn about Steem indirectly.
- Reasons for a higher Steem price. Compared to most other cryptocurrencies, the value of Steem is way under what the true value is. Within the next few months we are likely to see a correction probably to being over valued for a time. My 10 reasons for $10 Steem in 10 months as seen at https://steemit.com/steemit/@jerrybanfield/10-reasons-for-usd10-steem-price-in-10-months was the most successful ad I ran in terms of converting new investors to Steem according to the direct feedback I have received in comments over the last 6 months. I would like to advertise many more posts like this to help traders see the opportunity to earn big in Steem.
- Paths to profit on Steem showing all of the ways to maximize the return available by holding Steem power from upvoting posts and earning curation rewards to earning rewards as an author, leasing Steem power, building a voting bot, etc. We want more people to buy in out of self interest because Steem offers a higher return versus holding other currencies purely for speculation. Many that buy in initially to profit will then undergo the transformation from self interest to service in seeing that what is good for all of us is also best for individual investments.
- Steem user case studies. This is where I could use the most help because I would love to see some ads written featuring the journey individual users have taken on Steem. For example, the infographic combined with the text at https://steemit.com/steemit/@amazingstats/discover-the-secrets-jerry-banfield-used-to-make-usd32-616-66-on-steemit-in-just-78-days-and-use-them-to-produce-hundreds-more might make an amazing ad! I would love to see posts like this done for other users especially with variety in terms of the focus. For example, some might focus on money while others might focus on building a following, launching projects, etc. Some might talk about witnesses while others would focus on investors, authors, etc.
Accepting Your Posts for Ads!
Do you have an idea that is much better than any I have suggested? Will you please share it by writing up an amazing post and then tagging it with both steemads and jerrybanfield because this will help me see your post? When I find a post with those tags that I think would make an awesome ad, I will begin advertising it in Google along with adding the author to my autovoter and giving the author a delegation of Steem power to help empower that author to upvote those joining after reading the post!
Funding
Our ads are funded out of the witness rewards I receive. How much funding we get is determined by my ranking on the witness list at https://steemit.com/~witnesses. When @jerrybanfield is in the top 20, we get about 260 Steem power a day to fund the ads. Outside of the top 20, the rewards are about 50 Steem power a day.
Every single witness vote helps to build the rewards as seen in the witness tab at https://steemworld.org/@jerrybanfield.
I use the data from steemworld to add to the budget spreadsheet at https://airtable.com/shrXuoYTnODWA0QG1 with 50% for Google and Facebook ad budgets with the other 50% for delegations and contests. When I pay server hosting costs and for help with managing my servers, I also subtract these before calculating the earnings. Today's addition from two and a half weeks of witness rewards resulted in $694.53 added to the advertising budget and 790 Steem power added to the delegation/contest pool. I have effectively bought this by having already spent the money and delegated the Steem without powering down to fund it.
Thank you to the 1900+ accounts voting for me as a witness today which continues to provide funding for these ads! If you have not voted yet, would you please visit https://steemit.com/~witnesses and click the upvote button next to jerrybanfield to make a vote for me because your vote will help indefinitely increase the ad budget we can rely on to keep promoting Steem?
Many users have said a vote for me as a witness was completed but when I checked, no vote was actually placed! How do you know if your vote was successful? If the button remains green after a page refresh, the vote has been placed. If the button is not green next to jerrybanfield or any other witness we are voting for, then the vote did not register! If you think you voted for me, would you double check at https://steemit.com/~witnesses because then you will know for sure you did?
If you would prefer never to think about witness voting again, would you visit https://steemit.com/~witnesses and set jerrybanfield as a proxy as hundreds of users have done because I will then make all the votes for you?
More Witness Updates
- I am working with @terrybrock and @ginacarr to get another Florida Steem meetup scheduled for December 9, 2017 from 10 am to 2 pm in Orlando, Florida.
- If you would like me to vote for you as a witness, will you please watch for my new post about how to help me maintain my witness votes and get me to vote for you because that will explain the new system I am using to vote for witnesses going forward? My witness votes up until this point have been a free for all and it is time to implement a new system that is transparent and fair. @glitterfart was king enough to set me as a proxy making my vote now worth close to 2 GV which is enough for a new witness with zero votes to be guaranteed a block or two a day. This motivated me to think of a way to better collaborate with you in witness votes which I will share in a new post soon.
- I setup text message notifications to tell me if I miss a block which I am very excited about because this removes the need for me to check manually. I currently have a primary server and backup server setup to take over automatically after 3 block misses. I am grateful for just 1 miss so far from my own error in my first several months of witnessing.
- Advertising and marketing Steem is my primary contribution as a witness and will be the majority of what I talk about in witness updates. I also make posts daily, recommend changes along with what to maintain, and participate in discussion about updates. We benefit greatly from having a well-rounded group of witnesses because this helps us see the bigger picture which is critical for each of us being able to enjoy participation in our community.
- I requested access to the Steemit Google analytics account because I can dramatically improve the results with the ads in Google by doing remarketing.
Thank You for Reading!
I appreciate you joining me for this witness update and am honored to have the chance to be of service here in our community!
Love,
Jerry Banfield
Good work man keep doing for us :)
Great work you are doing behind the scenes. I believe these and many more will help bring more onboard. Am behind you and headed to vote you as a witness.
hey @jerrybanfield well done and keep up the good work!
I have voted you for as a witness some time ago as like this was my way to say thanks for what you are doing for our community!
Have a blast at the Florida Steem meetup and always Steem On!
@jerrybanfield
If you see my reply. I am south of you in Sarasota County.
I am watching for more information on the Orlando Meetup.
Thank you for all the hard work you do for Steemit.
We all appreciate it.
Francis
thanx jerry, a nice post again. if everyone would do the same amount of effort to make steem known it would be a lot better..
thx again. looking forward to your witness selection post. I hope to be in the rules you set..
Wow! Thats a huge work! Quora is also a nice place to steal some users. I'm trying to advertise Steemit there and the reason why I think that it might be a good idea is that Quora has very large community writing good quality content. If they come on Steemit they will bring good content. I wrote about it here https://steemit.com/quora/@alketcecaj/quorans-might-be-good-steemians-also-advertising-steemit-on-quora so @jerrybanfield please help me spread the word. Thank you :-)
Keep up the great work !
Thanks :-)
Wish i could have vote you more than once as witness..for this great marketing campaign.
Paid to click:
I dont know it will be useful or not may be strange idea.. I worked some days at PTC sites.. This is a great platform for advertising.. And this is really cheap.. I can remember I would click on 10 ads and earn 1 cent.. still I would do because something is better than nothing! You pay a fixed price for every click your ad gets in the search engine, and your ultimate goal of the click is to convert that user in order to see a steemit user's blog. So when that user will visit, he will see that by blogging on steemit people earning money. If that user never heard about steemit, he will be interested about it.. He will start to search on google, watch videos on youtube.. This is one of option how we can grow our steemit community! @steemads @jerrybanfield
That is a big remarkable achievement
@jerrybanfield I think this is Great News and I have much Faith in the fact that STEEM will be a Big Winner in 2018.
Those numbers are remarkable.
I too joined steemit when I saw an advertisement of yours on instagram.
You are really helping steemit grow and all of us should do the same even if it is at smaller levels.
Cool article !
I think I joined after seeing steemit on YouTube. Don't really use fleecebook much, there's too much advertising on it.
You're a steemit Magician. Keep up the good work. :)
We just voted to you too, great post, great work!
Wow.Thanks Jerry.
Personally I think the less you focus on the "money making" aspect of Steem the better. Splitting the hair and mentioning "crowd funding" instead, might increase retention rates.
You are good men
And your post is very helpful for me.
thank for post, i like it
Great achievement and best of luck
wow, a lot!!
I voted for you as a witness. Best of luck.
Very good Idea jerry. I'll dig up more and try to come up with some new ideas.
Which countries are you targeting??
you got my vote Jerry.
You are so informative dear i have following and connecting with your youtube channel from the long time, i had collect more and more information from there also you are so helpful for everyone, and so on expect from you many proud of indication in your future tutorial and stay connected with us, lastly god bless you dear.
A complete proposition in all its aspects made our speech
Stand helpless to add
A useful and useful topic.
You have all my thanks and appreciation
It is more agreeable to have the power to give than to receive.
- Winston Churchill
Very nice prez an good stats ! +1
thanx jerry, a nice post again. if everyone would do the same amount of effort to make steem known it would be a lot better..
i hope steemit is the great way to earn money also ads
You are amazing! I have voted for you ever since I have started out here because I believe in your capabilities. ❤
Surprised we are not getting more traction in users created. I think these platforms will take many more years for more of the public to get interested.
owesome
very nice, thank s @jerrybanfield
Thats great news :)
amazing add rewiev
really big number. thanks for the information
your post is #Awesome Bro
I just wish I had that much money to advertise my brand. More power to you @jerrybanfield.
Thanks for all you do on here @jerrybanfield. I would give you my witness vote but you already have it.
As for the Orlando meetup...count me in....please post the details when you get them. I live over on the Space Coast so it is an easy drive for me. It will be wonderful to meet the local Steemers.
Please keep posting ideas of how we all can make this a better place. I certainly would like to do more.
Jerry you are the best!!! Keep on going!!!
Good Job, Jerry. Really Good Job
You have done great promotion. i watched your ad in Jordan since two weeks. i didn't know about steem at that time. Now i am watching this post from Oman. I am Sure i will see you again when i return back to Europe. Weldon man!
@jerrybanfield will vote for you when am home:) password is so long I have to go through my mail to get it. ^^aja!
Your post is the better Ads.
Thank you for all the hard work you do for Steemit.
Keep up
Congratulations @jerrybanfield, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 34 and the total pending payments to posts in these categories was $1388.64. To see the full list of highest paid posts across all accounts categories, click here.
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Great work Jerry! You are really doing great things on here and Steemit wouldn´t be the same without you. Thanks for that!
This post has been ranked within the top 80 most undervalued posts in the second half of Nov 17. We estimate that this post is undervalued by $9.13 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Nov 17 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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