Hat Tip - Ace of Spades blog
The CEO, Bob Iger, had a recent shareholder meeting statement, in which he buffaloed investors with a lot of bullshit. DEIsney's share price rose from something like $92 to $110.
But it might not have just been Bob Iger's unbelievable bullshit that caused the rise -- there is a persuasive case that an army of bots has been assembled to constantly talk up how attractive DEIsney's stock is, and how, allegedly, it is exceeding analyst expectations.
Yes companies hire public relations firms to spam nonsense about how great they are. These firms use bots. Govts did the same thing during Covid.
I'm guessing it's true of all industries that can afford them.
Twitch/Youtubers use viewbots to fake it until they make it all the time. It's hilarious seeing embedded streams on builds/guides web sites for streamers clocking 10k+ viewers with a dead chat and silent streamer. Nothing is real anymore.
What baffles me is not that they lie...but that they ever make using the fake it strategy. It's typically not to make money ...since they are paying for fake viewers, the goal must be influence.
That's because you think click farms are expensive. Dirt poor wages run by a clever guy with money to start a small office where one guy making 2 bucks a day runs dozens of devices inflating all sorts of stats for different clients is not hard to pull off. Even in that clip I posted the guy talks about it only costing like 30k for a multiweek campaign and that's after the various middle men take their cut off the top for hooking them up. The smart ones are like the guy I talked about before where they monetize their web site with embedded streams to push them to the top of twitch giving them visibility to attract more real viewers and eventually more donations from those viewers. No click farm necessary if you provide something of value. If you watch that entire video he actually explains how the labels are given equity in the streaming platforms so they can pay a little bit of petty cash to boost their client's numbers which make the platform look better and increases their share price value.
Do you work for advertising? I know the industry pretty well. It's a scam.
$30k is a lot of money.....for fake views......like you realise that views are not the point.....that is what they 'market' their influence as....but the real value is and always will be....'Conversions'
If you don't convert you don't spend money ....
Fake views are not conversions....they are a sunk cost with the hope that some day real people trust the message....not profit.
That is the marketing lies that the ad companies tell....most of advertising revenue is a money laundering venture for the big companies...
Middlemen take their cut from the consulting level....there are not a ton of layers beyond the first agency. Maybe two layers before it hits the real Ad network and those are regulated.
$500 should buy you 2k-5k 'followers' and then scale from there...it's still a scam and you are wasting your money.....unless you want to waste $50k every few months because you keep buying fakes.....terrible plan haha