HN user

willz

50 karma
Posts6
Comments34
View on HN

I'm the partner and co-founder a PPC Agency.

The right way is to do it yourself first. But make sure you have conversion tracking, so that you know the basic metrics. For instance, if you are doing PPC for sign-ups, how much are you paying per sign-up.

Then you try to improve it, by either cut Cost per acquisition (CPA), and/or increase your volume of acquisitions.

Increase volume of acquisition is always harder. Most people only know little bit of Search, but Content and Retarget works great too. A lot of product are so new that no body is searching for it, so there are challenges.

You should try this yourself until you hit your bottleneck, e.g. can't increase volume without a much bigger CPA, then you should try find a good agency that can bring your PPC to a whole new level. And it's better doing it now, because you already know your basic metrics, and it will be easy to judge is an agency is doing a good job or not.

Judging by the people who commented there, my feeling is that few of them really had the experience of spending serious PPC money PROFITABLY.

A good ppc program is a pure profit center.

Do it yourself just means that you as founder won't have time for other stuff. Do it in-house means you pay a salary of someone doing it. Agency's cost is most likely lower than a full-time employee, and a good agency knows PPC way more than an individual who had some years of experience.

p.s.

Another point, I happened to work with a lot of start-ups. People seem to assume that only big stupid companies spend serious money on line, small smart start-ups don't. But this is just wrong. Small smart start-ups are spending very aggressively online, because they know they are making profit, vs big stupid companies are often too timid to spend anything. So, a small start-up actually need more PPC expertise than the big companies.

oh, well, I think you and I agree ... The death idea is inspiring, but is an overkill. 99% death are natural death. For people who worry about it, they should add their logins to their will. But then, dead people are supposed to be gone, with most of their stuff.

Just curious. You can also just write down the logins on a piece of paper, and tell a family member to open it just in case. Isn't this simpler/safer?

This is the "smart" guy trying to save the world type of thinking. See what Steve Jobs said in his 1996 interview:

".... When you're young, you look at television and think, There's a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that's not true. The networks are in business to give people exactly what they want. That's a far more depressing thought. Conspiracy is optimistic! You can shoot the bastards! We can have a revolution! But the networks are really in business to give people what they want. It's the truth. ...."

http://www.wired.com/wired/archive/4.02/jobs.html?pg=4&t...

He is obsessed with "being open" - that's the only "point", all other people are "missing the point".

Ask the phone users, TV users, ... do they care? They didn't miss any point, they just want a better phone, open or not open doesn't matter.

Ask Google, if they care about "open", why not open source Google search?

I didn't read the terms, so I don't know.

But a fair system should be that the App owner should decide what ad network to use within its app.

The argument that Google doesn't allow Yahoo ad to show in Google search result is invalid, because Google search is entirely owned by Google, so Google can do whatever.

I don't think Apple will be so stupid as to kill AdMob. A lot of free apps depend on AdMob to make money. Without AdMob, those apps will die, and that will be bad for Apple. So, there is no way Apple will kill AdMob.

The guy's main point is that you should decide which girl you are: the "Consequentialist" (relativist), or the "Categoricalist" (absolutist).

He said: "... I find it helpful, before I consider a dilemma, to at least debate whether I’m in that girl’s situation, and what kind of girl I’m going to be for this particular question..."

This shows that he is the "Consequentialist" girl.

"As our ability to search for media content improves, the economic value of that content will approach zero."

In simple words, he's just saying:

    Piracy makes your content worth nothing.
I just don't think this is true. Piracy has been rampant in movies, but movies continue to make money in theaters, pay-per-view, netflix, or just good old TV.

There is pretty much nothing Apple can do to counter Android. Android is free, and doesn't bundle with hardware. So, Android will just grow like Microsoft did, because all the hardware makers will get on Android. So it's basically:

   Apple vs Google+World
The only thing Apple can do is to keep improving itself. Or, I am guessing, Apple may want to enter the advertising market.

Apple's hardware can push ads through iAd to make more money. But with Yahoo's property as an extra, iAd all of a sudden has enough advertising value to justify itself. Without Yahoo properties, iAd is a much smaller network.

The Zen of Trading 16 years ago

Right on!

The part I liked the most is the Michael Jordan quote. I didn't know MJ so statistical, and now I respect him a lot more.

A trader should do the same. A simple system of logging trading decisions like MJ did will greatly help a trader improve.

I always wish there are some web app that logs what those pundits (stocks or whatever) said, and keep a tab of their accuracy.

I agree with you. I said he failed but his vision isn't wrong. He is as convinced about his vision as when he saw the GUI. In fact, what he saw in 1996 remains the same - web dev is still in the everything-custom age (stone age). Every new app is a reinvention of lots of wheels already made ...

What I am curious is that why he failed. My hunch is that he just isn't a fit for this project.

It sounds like you and I and Steve Jobs agree on this fundamental thing. Care to get together offline? I live in Sunnyvale Bay Area.

Very very good interview.

So, Steve Jobs were, in 1996, 100% certain the Web Objects will be the future of web development. It didn't happen, and he failed.

Do anybody care to think why he failed?

I have a very "simpleton" theory. Just throw it out here:

Steve Jobs can almost make anything work. He's smart, and he has resources. He can make a good washing machine if he want to. But I think that "anything" will have to be something that he can use, touch, play with, i.e. Mp3, phone, laptop ... But Web Object is an enterprise server software. I can't imagine Steve Jobs playing with it. So, he picked something that he cannot love or even touch. Based on the interview, he picked WO because he believe enterprise will need it and it's gonna make a lot of money.

My belief is that an entrepreneur works best when working on a product that he personally use.

I don't use Digg. Do you guys use it, regularly? If you don't use it regularly, how can you judge?

I think Alexis is probably right because it's part of his business he looks at this everyday.

I like dmix's point. "It's about what clicks with the companies own customers." VC will always meddle, but if their meddling doesn't click with the customers, they just lose more money.

The author must had some success as he completely ignores how many google-wanna-bes are out there two or three years ago, and then the YouTube-wanna-bes, the Digg-wanna-bes ... There are always tons of dead-bodies in the wanna-bes.

I think the key is to avoid the "hot" wanna-be market. Google got into search when it's not hot. So is YouTube, java, digg ...

How to Read a Book 18 years ago

What a silly argument. If the book is good, you will read it anywhere. Who would lock himself up in room just to read a book? Must be bad books. If the book is good, most people will prefer reading it on paper.

I think the Waste Management company is brilliant, and deserves respect. If you spend a hundred bucks for something that doesn't work, you would ask for a refund. I wonder why companies didn't do this before. Capitalism is dying because companies are no longer run by owners, but by "managers".

If your are targeting discontent Quickbooks users, then it will be very difficult battle. The cost of switching is very high, and most of the quickbooks users are not web savvy, they will cling to what they are used unless Intuit really screws them up. I don't think it's likely to happen because Intuit is a very strong company - Microsoft tried very hard to get them but failed.

I do think you might have a chance to target the web startups, like the users of YC news. But these companies are cheap, so you may need to give me at least 1-year free trial so that I can see your app carry me through a tax year. Then I wouldn't mind $59 a month. But then, most web startups die in a few years. Well, it's just tough.

Don't forget Quickbooks - it is by far the most dominant player.

For most small biz owners, being online is not important, so a locally installed QuickBooks is good enough. Even if web access is required, Intuit can put Quickbooks online easily just like they put TurboTax online.

I think people got this all wrong.

The money-making potential of videos should be compared with televisions, not clicks.

One hour of YouTube time should eventually make about the same amount of money than one hour of TV, that's the future and that's its potential. The cost, of course, will be lower.

To achieve this, YouTube may need enterprise sales etc. But these are just means, the primary goal is still to get people spend time on online video.

I need some enlightenment on the tagging business. Do people really find tagging useful? Do people really browse by tags?

Is there a site that uses tag in such a way that I can get something substantial out of it?

I ask this because, for example, blogs all have tags and I click them occasionally, but I never get much out of it.

I disagree with what he said, but honestly, he got me flipping through all his 11 pages, that is quite something.

One, he's got style, I have never seen a page so simple that it becomes intriguing. Two, he wants to go beyond Google, isn't this what we all want?