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Advertising revenue in Twitter crashes by 50%(lemmy.world)

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ghariksforge@lemmy.world
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nuff said

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eoddc5@lemmy.world
295 points

Remember the 50% number is just what he was comfortable with publishing to the public

We have no reason to believe his public statistics

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Moonrise2473@feddit.it
166 points

100% of the ads I see on Twitter today are dropshipping scams, while in the pre-musk era they were highly targeted to my job and interests to the point that if there wasn’t the “ad” tag I couldn’t distinguish that.

They can’t cost the same for the advertiser, a generic dropshipping scam that targets everyone must be cheap

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enbie bies@lemmy.ml
43 points

Targeted ads are more expensive. They need to develop an algorithm for it and the advertiser gets possible higher turnover since it’s no longer random people.

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BrooklynMan@lemmy.ml
8 points

plus, twitter could track the impressions and conversion rates, so they could charge even more for that, too.

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ghariksforge@lemmy.worldOP
42 points

Indeed. Elon is a pathalogical liar.

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emptyother@lemmy.world
38 points

Why would he tweet about his losses in the first place? I applaud his openness (/s) but I doubt any investors or advertisers will come running to a dying social networking.

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AbouBenAdhem@lemmy.world
24 points

He thinks it gives him an excuse to escalate his erratic decision-making.

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danc4498@lemmy.world
18 points

I think it’s either better than 50, or he expects it to be better shortly so when he says it’s 40, he can celebrate how good he did for the +10.

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eoddc5@lemmy.world
13 points

If your losses are at 80% and you tell everyone they’re at 50% you can try to spin the story in your favor.

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master5o1@lemmy.nz
8 points

The ~ has an error of +/- 50 percentage points.

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traveler01@lemmy.world
1 point
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eoddc5@lemmy.world
3 points

He’s a pathological liar. He doesn’t gain anything from it

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traveler01@lemmy.world
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