5 Facebook Ad Myths That Are Killing Your Profits

“Boost this post to get better results!“ Facebook hounds you with this supposedly important message. You scoff. Why would anyone pay to boost their posts? You might even consent to Facebook’s badgering and fork out the $5 needed, and what happens? Facebook becomes even more irritating, now blasting you with confusing messages about retargeting options.Read the full article

Facebook Fraud

Evidence Facebook's revenue is based on fake likes. My first vid on the problem with Facebook: http://bit.ly/1dXudqY I know first-hand that Facebook's advertising model is deeply flawed. When I paid to promote my page I gained 80,000 followers in developing countries who didn't care about Veritasium (but I wasn't aware of this at the time). They drove my reach and engagement numbers down, basically rendering the page useless. I am not the only one who has experienced this. Rory Cellan-Jones had the same luck with Virtual Bagel: http://www.bbc.co.uk/news/technology-18819338 The US Department of State spent $630,000 to acquire 2 million page likes and then realized only 2% were engaged. http://wapo.st/1glcyZo I thought I would demonstrate that the same thing is still happening now by creating Virtual Cat (http://www.facebook.com/MyVirtualCat). I was surprised to discover something worse - false likes are coming from everywhere, including Canada, the US, the UK, and Australia. So even those carefully targeting their campaigns are likely being duped into spending real money on fake followers. Then when they try to reach their followers they have to pay again. And it's possible to be a victim of fake likes without even advertising. Pages that end up on Facebook's "International Suggested Pages" are also easy targets for click-farms seeking to diversify their likes. http://tnw.co/NsflrC Thanks to Henry, Grey, and Nessy for feedback on earlier drafts of this video.