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Author Topic: How do we help signature campaigns generate fund to pay its participants  (Read 287 times)
Zilon (OP)
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March 29, 2021, 05:07:40 PM
Last edit: March 29, 2021, 05:29:25 PM by Zilon
Merited by CryptocurencyKing (2)
 #1

Weekly different campaigns are been  launched. Most on a short term campaign others on a long term while few has been on the forum longer than two years and still counting. I have wondered how the generate funds which the use in paying participants for promoting their sites on the forum. New campaigns are been opened daily and more are yet to be launched. Excessive fiats is released to sponsor this campaigns from different companies.
 
Some companies run both bounty and signature campaigns thereby paying more participants making their sites even more rampant both on the forum and on other social media platform. I see most campaigns zoom off from the forum after one month of advertising on the forum. Its mostly expensive to sustain a campaign.

It cost a whole to fund a campaign and maintain it, paying bitcointaker of different ranks from members to legendary weekly. This must cost a whole lot of fortune. My biggest concern is if we are able to advertise their sites enough. Do we help them hit the number of active users the expect to get from the forum at the end of each week , month, and year.

I believe this could be their own strategy of getting more active users on their website. Generating more traffic on their site could mean more business for them. Making quality posts that would attract readers could be another strategy to promote the signatory's campaign we are actually promoting.

The wages we receiving each week alone shouldn't be our major motivation. Let's make trends that attract views and responses by so doing this would promote our signatory. Making excessive research before posting would sharpen our posts and make them worth the time of the viewers

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March 29, 2021, 05:52:22 PM
Merited by bitmover (1), PrimeNumber7 (1)
 #2

Signature campaigns are more or less the same as paid advertising. After all, the number of posts stipulated are already factored in the cost.

Results speak for themselves, no need to help whatsoever. If the conversion rate is low, the campaign concludes in just a few weeks or months and that's that. It all depends on the niche and how it captivates the end users. Naturally non-crypto (e.g. food) subjects won't be a good ROI, even if the forum attracts over 100,000 unique visitors a day.

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March 29, 2021, 06:15:30 PM
 #3

....This must cost a whole lot of fortune.
Advertising on the forum probably accounts less than 5% or 10% of their total income. Any company that's worth its salt wouldn't spend majority of their money on advertising alone.

Quote
The wages we receiving each week alone shouldn't be our major motivation. Let's make trends that attract views and responses by so doing this would promote our signatory. Making excessive research before posting would sharpen our posts and make them worth the time of the viewers
You don't have to repeat what's been said and what's expected of you as a participant in a signature campaign. Part of rule also says "xx quality or constructive post".

R


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March 29, 2021, 08:46:41 PM
 #4

It cost a whole to fund a campaign and maintain it, paying bitcointaker of different ranks from members to legendary weekly. This must cost a whole lot of fortune. My biggest concern is if we are able to advertise their sites enough. Do we help them hit the number of active users the expect to get from the forum at the end of each week , month, and year.

If you are running a crypto gambling business then its automatically for you as an owner to allocate some funds for marketing purposes and making out advertisement or campaign on the forum itself is just
automatically be one of the most important things considering the traffic and the popularity of this forum when it comes to crypto.

Are they giving out guarantees of success? No they wont.. Everything would still vary and depend on the site performance or overall quality from UI to games offered to users experience etc.

Campaigns that still running up to now and lasting a couple of years does signify that they are really making some revenue.Even though they spend up thousands of USD per week but that wont
matter as long they can gain much more than that because of constant exposure.This doesnt only limit out on this forum though but also with
other mediums as well.

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March 29, 2021, 09:57:20 PM
 #5

~snip~
Before I will comment about the signature campaign promotion, just fix it first the signature code under your profile. I guess there's an error upon you copy-pasting the code.

It's purely will result from good traffic on the project or company that we promote, I guess they had a tool to determine that it was perfectly effective if they continue their marketing promotion here and that is the reason many of them keep coming here. Regarding hiring good participants, it's a job of a campaign manager to hire a quality poster.

If they stay longer, it means the signature campaign has an effect on their marketing promotion.

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March 30, 2021, 01:40:00 AM
 #6

Signature campaigns are more or less the same as paid advertising. After all, the number of posts stipulated are already factored in the cost.

Results speak for themselves, no need to help whatsoever. If the conversion rate is low, the campaign concludes in just a few weeks or months and that's that. It all depends on the niche and how it captivates the end users. Naturally non-crypto (e.g. food) subjects won't be a good ROI, even if the forum attracts over 100,000 unique visitors a day.

The idea to "help" the companies generate funds to pay participants is the opposite of what should happen.

The company should already have the funds in escrow before the advertising. Generating  funds to pay participants will not work. I believe campaigns and most advertising will not generate funds immediately as well.

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March 30, 2021, 02:07:05 AM
 #7


They are already big companies and because of the campaigns they do in the forum, the user trusted them and its where they play the coins they earn. 777coin for instance is a sister company of bitvest and still, the owner of the two casinos is still buying an advertising spot in the forum despite the fact that they are very trusted already for years of doing a campaign here.

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March 30, 2021, 03:58:23 AM
 #8

For every project that is familiar with the forum and if they encourage to advertise on the forum means they have an initial advertising budget for the forum. And there should be an overall advertising budget to succeed their platform. As a campaign manager, I have a few experience.

A project wants to limit its campaign to the budget at the beginning. Once the initial budget or duration ends, then they investigate how successful was their campaign on the forum. If the result is good, then they just continue advertising and that's how I believe a few campaigns running longer. If the result isn't reasonable according to them, then they just take a break after the initial advertisement and move to some other forum.

Personally, I believe the platform analyses the advertising result from various sources and they just continue advertising from where they got a positive response. After an initial budget, companies paying us from their revenue, so if they can't generate desired revenue from the forum then I don't think they will continue advertising here. Of course, we should try our best for them to whom we are advertising so that they could generate revenue and the campaign would last along.

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March 30, 2021, 04:39:08 AM
 #9

Suppose, we the participants helps to branding an individual companies. Though, they have an initial advertising budget to pay its participants and manager as well. In ad industry rule is straightforward give and take. A companies should not be running at loss but campaigns meant they could make a decent money. This is how an advertisement industry works out. This is not just, get the signature and make money - this is somewhat support from our end.

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Findingnemo
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March 30, 2021, 04:07:56 PM
 #10

Yes we are helping them since this is the biggest cryptocurrency forum so there is no other cheapest available option for promoting a service than signature campaign but longer or short campaign depends on how effective their signature campaign results which can be easily tracked by the admin of the aite we are promoting using the number of people clicking our signature and registering into their site and taking a service there.

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Kittygalore
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March 31, 2021, 08:30:05 AM
 #11

Yes we are helping them since this is the biggest cryptocurrency forum so there is no other cheapest available option for promoting a service than signature campaign but longer or short campaign depends on how effective their signature campaign results which can be easily tracked by the admin of the aite we are promoting using the number of people clicking our signature and registering into their site and taking a service there.
Not just the effectivity but also their funds that is reserved for the signature campaign, what I mean by that is that they should have a fund for starters because they are just starting and the only time that you will get results in your campaigns is around a month or two.
Findingnemo
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March 31, 2021, 03:05:33 PM
 #12

Yes we are helping them since this is the biggest cryptocurrency forum so there is no other cheapest available option for promoting a service than signature campaign but longer or short campaign depends on how effective their signature campaign results which can be easily tracked by the admin of the aite we are promoting using the number of people clicking our signature and registering into their site and taking a service there.
Not just the effectivity but also their funds that is reserved for the signature campaign, what I mean by that is that they should have a fund for starters because they are just starting and the only time that you will get results in your campaigns is around a month or two.
Even months may not be enough that is why companies with longest signature campaigns are more successful than others, but yeah when someone wants to startup they also should allocate enough funds for the promotion which is one if the important factor needed in the modern day market.

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March 31, 2021, 05:31:04 PM
 #13

I don't think there's some sort of help that we can give to these services employing signature campaigns. They are already paying people to advertise for them, and if it turns out that that doesn't work well on their end, then they just close that facet of advertisement and try something else. Besides, if the platform isn't good to begin with, why would they even bother paying hundreds or thousands of dollars per week if that doesn't match the profit that they are taking?

Also, with the amount of traffic this forum generates on the daily, I can't see why a good platform won't get some patrons with the help of signature campaigns. Sometimes, it isn't only the advertisement front that needs to be perfect. The platform itself should be inviting and exciting for potential customers too.

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March 31, 2021, 10:23:38 PM
 #14

I don't think that we should help. It works fine without such help. If signature campaigns wouldn't be effective, nobody wouldn't launch it.
And such advertising as you described may have negative impact. Signature campaign participants shouldn't be paid shills. We are getting paid for advertising something in our signature area. If we would start to promote our advertised project too active, I think that people simply will be annoyed by such ads.

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March 31, 2021, 10:48:24 PM
 #15

I don't think that we should help. It works fine without such help. If signature campaigns wouldn't be effective, nobody wouldn't launch it.
And such advertising as you described may have negative impact. Signature campaign participants shouldn't be paid shills. We are getting paid for advertising something in our signature area. If we would start to promote our advertised project too active, I think that people simply will be annoyed by such ads.
Correct!

The team would always have the right neither they would continue or not on such campaign because its part of their expense and if they dont find it not feasible then
they wouldnt continue it for sure.

You are right that it isnt really that much of needed because marketing could neither be effective or not.The thing we can do is to do our job as advertisers.
If they do find out it isnt effective then they are the ones who decide.

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April 01, 2021, 03:32:01 AM
 #16

Let's make trends that attract views and responses by so doing this would promote our signatory. Making excessive research before posting would sharpen our posts and make them worth the time of the viewers

The assumption that forum users are hired to do something might be wrong. It might be the other way around. The forum users are doing their thing, then comes a company hiring users, they then apply. In which process, they are vetted for their kind of posts.

Therefore, nudging users to create attractive threads and doing excessive research before posting to help the company paying for the signature spaces might not be necessary anymore. Users' applications are approved because of what they have been doing. You are hired because of what you do in the forum. There is, therefore, no need to change anything.

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April 01, 2021, 06:57:55 AM
 #17

Not all campaigns are expensive, as there are many campaigns that pay through their tokens, which means that they benefit from users' retention of that coins or trying to sell it.

Campaigns that pay in Bitcoin are few, which they mostly won several years ago and use them to promote, for example, it is easy get 10 Bitcoins 4 years ago (for 40k,) and this amount is now enough to run a campaign for several years.

In the end, the marketing campaigns are evidence of the financial strength of the project, and all projects need to pay some money.

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April 01, 2021, 03:21:18 PM
 #18

Its mostly expensive to sustain a campaign.
it not really expensive to sustain a campaign if the company pay according to their budget and I have seen a lot of company that does it.

This must cost a whole lot of fortune. My biggest concern is if we are able to advertise their sites enough. Do we help them hit the number of active users the expect to get from the forum at the end of each week , month, and year.
You are asking two different at a time but if the company want god poster they have to pay good money but the reason why most company host signature campaign on this forum is that signature campaign give their site more impressions, awareness, and enormous quality in terms of backlinks.
With what I mention above do we help them to hit the number of active users? Yes.

Making quality posts that would attract readers could be another strategy to promote the signatory's campaign we are actually promoting.
For a company to have quality posters in their campaign the money must also worth it.

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April 05, 2021, 06:13:48 AM
 #19

I think that wearing the signature is enough as you are in a way, advertises their company/products/services, and I think that it is the only way a forum member can help a signature campaign make money, maybe there are other ways but right now, I couldn't think of any other way.

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April 06, 2021, 11:05:06 AM
 #20

They can pay participants on their own because its already budgeted and calculated ..

Actually most of the projects has funds when it comes running campaign that's why they already know the number of participants that allowed to join on the campaign..

And when it comes the participants.. Well they can help also, and that is by wearing those sig and avatar in order for the project to become visible , and also making constructive post which can attract investors..that's is the only way how can participants give a contribution on a signature campaign /project.
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