Advertisers have one bottom line that trumps all others – conversion. Your ads can reach millions of viewers but if the level of engagement is low, that reach becomes irrelevant.
Because of this crucial objective, the question of how many viewers your marketing can get to isn’t nearly as important as figuring out how many effectively targeted viewers you’ve reached, for the simple reason that effective targeting equals high conversions.
Reaching these targeted, highly converting viewers have been a promise of social media advertising almost since the inception of social networks and it has driven social media ad spending to gargantuan levels, estimated at roughly $41 billion dollars for 2017 alone.
However, the reality hasn’t always panned out quite as effectively as many marketers might like. Social media marketing is full of holes in which advertiser money can disappear without ROI for key reasons we’ll cover below, before explaining what makes Pinmo’s platform so much more effective.
The vast majority of paid social network marketing as it stands today can be divided into two broad categories – influencer advertising and paid social media advertising.
The chief appeal of influencer advertising is that it relies on the influence of individuals who’ve already (supposedly) built up a strong network of trusting followers who listen to them. When effective, it can lead to very quick boosts in sales through influencer recommendations to their contacts, but it comes with some serious problems.
For one thing, influencers with enough followers to make them useful can be expensive and the returns on a single advertisement with them decrease quickly. Asking a group of influencers to repeatedly promote your product also quickly leads to steadily diminishing returns as the same followers become saturated by repeated exposure to a piece of publicity. Secondly, there’s the measurement problem: Simply put, most influencers don’t offer much in the way of detailed analytics for what they share on an advertiser’s behalf.
Another major issue with influencer marketing is that many high profile influencers frequently engage in what quickly becomes obvious paid promotions to an increasingly anonymous audience of followers. In other words, the organic and reliable recommendation an influencer is supposed to create can quickly turn into something that’s little different from generic paid advertising.
Paid Social Media Advertising
Direct social media advertising offers a level of ad targeting that’s unparalleled in the mainstream online advertising industry. Due to the sheer amount of personal information social networks like Facebook, Twitter, Instagram and others collect from hundreds of millions of users, advertisers who use their paid ad platforms can customize their ad targeting based on a huge range of criteria. These include users’ detailed demographics, buying habits, social browsing tendencies, web browsing histories, personal interests, political preferences, dietary habits and even factors such as device usage, health issues and hundreds of other attributes.
These are extremely powerful benefits for any advertiser in any niche but even with all these tools, traditional social advertising has its problems.
First, it’s visibly just advertising. You, as an advertiser, are paying for targeted campaigns that charge you per thousand impressions (CPM) or per click (CPC) and these ads are going to appear as paid suggestions on the social media platforms you run them on. No matter how well targeted these ads are, users will still perceive them as more ads among many others from one more untrusted source. This still means clicks and conversions (if it didn’t, social media advertising wouldn’t rake in so much revenue) but the ROI on campaigns can be unreliable and distorted.
This distortion, in particular, brings us to the second huge problem of social media ads: Bots. Out of the billions of social media user accounts on the major networks today, an enormous percentage are fake user accounts or “bots” that don’t have converting human beings behind them.
The problem with these accounts is that they also interact with social advertising without actually converting in any profitable way. Whenever this happens, analytics metrics make your ads look like they’re performing better than they really are and that translates directly into lost time, lost money and weak ad campaign performance because the verification structure for user engagement isn’t capable of filtering these bots out effectively.
Pinmo’s Ultra-Targeted Social Media Ad Solution
We understand the social media advertising situation and the existing issues within it and developed Pinmo to solve these problems. Most importantly, we blend blockchain verification technology, targeted advertising and organic marketing in a way that almost completely eliminates the weak spots of paid ads and the decreasing returns of influencer marketing.
With Pinmo, marketers set up their accounts for access to a user interface in which AI tools powered by IBM Watson supercomputer help them create targeted ads and ad campaigns for their specific niche. These ads are then algorithmically filtered for delivery to targeted Pinmo users with the highest affinity for each type of ad. It’s with these users that the truly distinct thing about Pinmo’s technology comes into play:
Unlike the uninvolved viewers conventional social media and influencer ad campaigns are aimed at, Pinmo’s constantly growing body of users actively work with the platform and your ads to pick the ones they like most. These users then share these ads right among their own personal networks of social media followers and friends.
They do this because each share, click or conversion they generate comes with a monetary reward for them as well. This sharing is done by real social media users directly to their personal following of other real social media contacts in a way that’s completely verified by 2-tier authentication and blockchain technology.
In other words, your ad campaigns are delivered organically, in the most personally targeted way possible to specific people who actually trust the users who are sharing those ads. No part of the Pinmo advertising process is random, arbitrary or wasted on fake user accounts or viewers who have zero interest in what’s being delivered.
In point-by-point terms, what Pinmo offers is the following:
- Ad campaign creation that’s assisted by the enormous processing power of IBM Watson supercomputer. This same level of analytics is used to filter your ads for the specific, Pinmo users who are most likely to find them useful for sharing.
- A 2-tier authentication system that verifies Pinmo users as real people with real social media followers and tracks their sharing from start to finish so that a marketer knows exactly how and where each of their ads are being shared and what types of conversions it generates.
- Full analytics tracking of all ads and ad campaigns for performance measurement and further refinement. Advertisers can modify funnels, specific ads, and sharing compensation settings for constant optimization of their advertising effectiveness and ROI.
What Pinmo delivers is an ultra-targeted approach to social media advertising in which fully organic sharing is manufactured sustainably and at low cost. Since verified real users are the ones sharing ads right to their own personal circles of followers, the problem of fake user accounts is eliminated, and because these ads are being delivered to other viewers by people they personally know, your ads become something unique on a personal level for their intended recipients.
The decreasing returns and high share costs of mass influencer marketing are also eliminated by the Pinmo platform because you’re paying individual influencers for actual shares or conversions and these users come from a growing pool of similar individuals.
With Pinmo, the sustainability of social media CPC ads is mixed with a refined version of influencer marketing to create continuous, extremely precise engagement at low costs.