Will we produce and fund another video ad for Steem using the rewards from this post because this is a powerful way to get more user signups and therefore raise the price? All of the author rewards we payout from this post will go directly to my next advertising campaign for the third video ad I am making for Steem. Review what I have done so far for us below and then see the ad text for the newest ad!
Our previous Steem ad campaign posts together!
- Steem Facebook and YouTube Video Ad 2 Results at @jerrybanfield/steem-facebook-and-youtube-video-ad-2-results
- Steem Video Ad #2 on Facebook + YouTube: Steemit is the #1 New Social Media and Blogging Website at @jerrybanfield/steem-video-ad-2-on-facebook-youtube-steemit-is-the-1-new-social-media-and-blogging-website
- Steem Video Ad #1 on Facebook and YouTube featuring 10 Reasons for $10 Steem in 10 Months at @jerrybanfield/steem-video-ad-1-on-facebook-and-youtube-featuring-10-reasons-for-usd10-steem-in-10-months
View the current ad still running from video ad #1 to get an idea of what to expect at https://www.facebook.com/jbanfield/videos/1447089705311201/
Results
In summary, the first two ad campaigns I created have cost us about $5,000 in rewards paid to me which I then have spent the more of than was actually paid to me on Facebook and YouTube ads. The results from the first ad campaign will be released as soon as I stop the ads and view the reports!
In terms of what we can measure, the Steem price was under $1 the day before I started the first ad and over $2 less than a week after it started running. At the same time, user signups have nearly doubled since I joined Steem mostly because of the ads we have collaborated on. While I do not claim to have done anything alone, I am certain the ads we collaborated on together are having a noticable impact on our number of users and the price of Steem because the ads were shown to millions of cryptocurrency users on Facebook and YouTube with thousands of shares and comments including hundreds of posts on Steemit tagging me saying the ad was the key factor in bringing a sign up in.
Why do my ads work way better than what most of us can do ourselves? The ads I show on Facebook and YouTube are extremely effective because I have already shown almost a billion ads on Facebook to over 100 million users equal to 1%+ of earth's entire population and 5%+ of all Facebook users. Most people seeing my ads on Facebook and YouTube have already seen an average of 10 ads or videos from me within the last three years. Making a first impression is hard and I already have done that with most users that see my ads.
How can we help?
I am sharing the text and basic script of the ad here before I make the video this time to get your feedback on what you like and anything I might improve before I make the video ad to help me make it the best for all of us! Would you read the ad text and comment with your feedback below because then I will be able to consider what you have to say before making the ad?
Ad text and basic script for video ad #3!
New social media and blogging website pays users to post, upvote, and comment as seen at @jerrybanfield/.
What is Steem?
Steem is a digital currency similar to Bitcoin where users transact through a blockchain of publicly maintained data in real time. Unlike Bitcoin, all transactions on the Steem blockchain are confirmed within a few seconds without any network fees or complicated hash addresses. Instead, users send directly to names like @jerrybanfield in the address making it easy to send money to a friend in real time. Steemit Inc created Steem and hosts https://steemit.com to provide us with a social media network and blogging platform to collaborate in creating the most helpful posts and comments based on the amount of upvotes which are then paid for with the new Steem created. Steem is also traded on exchanges like Poloniex and Bittrex along with hundreds of other cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
Where does the money come from?
Witnesses for Steem create new Steem on the blockchain at a rate of around 8% a year. As of today authors publishing posts are earning about 68% of that while upvoters are earning 15%, commenters earning 7%, Steem Power holders are receiving about 6% as interest, and witnesses are earning 4%. View today's updated stats at https://steemdb.com/. Learn what a witness is at http://jerry.tips/steemwitness.
How to create an account?
Go @jerrybanfield/ and click on sign up to create an account.
Who uses Steem?
As of August 2017, 300,000+ users worldwide in nearly every country have accounts on https://steemit.com while thousands more hold Steem on exchanges like Bittrex and Poloniex! The number of users has doubled in last three months! View the list of the highest earning and richest Steem whales at https://steemwhales.com/.
What do we do with Steem?
Steem when powered up works for us like a savings account to earn interest at 2% or greater a year. When we post on Steemit, we have an ideal blogging platform for earning money because upvoters contribute directly rather than needing a third party to advertise. Even without any earnings, readers are more likely to discover posts made with Steem because the rank is climbing rapidly as seen at http://www.alexa.com/siteinfo/steemit.com. For sharing with friends, Steem gives us the chance to help our friends earn money by voting their posts up which also then pays back too! While most of us on Steem today are cryptocurrency enthusiasts, within a few years Steem will have nearly everyone with internet access signed up!
Which websites to use to by Steem?
I use Coinbase and Bitstamp to change USD to BTC, ETH, or LTC which I then send to Poloniex or Bittrex to buy Steem that I then transfer to my wallet which is just my username jerrybanfield. Read my tutorial featuring 8 digital currency exchanges with USD to Bitcoin at http://jerry.tips/usbtc and then see how to change Bitcoin to Steem with Bittrex at http://jerry.tips/bittrex1 to understand the process fully.
When will the price of Steem go up?
According to the viral growth cycle of three months we are seeing now, we should reach over one million users around the end of 2017 or the beginning of 2018. The additional buying demand of these new users to power up Steem will drive the price steadily up for months to first over $10 and within another year or two over $100. Steem will eventually have the number one market position even above Bitcoin at over $1000 per Steem because it is the only cryptocurrency easy to get started with and practical for adoption by the masses. No competitor will be able to copy the format or features because at the rate Steem is growing they would need to offer 10 times more value than Steem as Steem does compared to existing social media websites and blogging platforms. Read more about the price increase coming at http://jerry.tips/10steem10.
Why sign up for Steem today?
The best time to get in on anything new is right when success is proven but mass adoption has not happened. Hundreds of thousands of people have already tested and proven the value of Steem. Meanwhile, the billions of users that will sign up because Steem offers a way better deal than any other blogging and social media website have not joined yet. Getting in early provides an opportunity that quickly disappears once more find out about it. For example, publishing on Amazon Kindle was extremely profitable for the first few authors in 2007. Ten years later it is difficult to even make $1 a month as a new author. Today is the day to get in on Steem before everyone else finds out!
Will you join us today at @jerrybanfield/ because we love get paid for our time spent posting, voting, and commenting?
Love,
Jerry Banfield
End ad text
We are seeing the full text of the ad to give us time to have an input as to what I share in the video prior to me creating it this time. If you would like to suggest a change, will you comment here before the next Steem video ad #3 post goes live because your comments will be considered for the ad? With the linear rewards, I plan to do several of these ad campaign 3 posts. If you want to help the most, would you please upvote all of the video ad posts because each of these will add to the money I spend on our ads?
Love again,
Jerry Banfield