Topic: Overstock.com TV commercial advertises bitcoin! (Read 1295 times)

Quote from: bryant.coleman on April 07, 2014, 01:37:09 AM

Quote from: gweedo on April 07, 2014, 12:15:25 PM

This has been published like 10000x but it is so small doesn't make a different no one is paying that much attention to it.

I don't think that it is in any way insignificant. Bitcoin has received a lot of negative publicity due to Gox. We should thank Overstock for giving us good PR, during these testing times.

It is, it doesn't promote bitcoin at all, maybe 0.01% will even google bitcoin but if you think that is driving people to bitcoin I have a bridge to sell you.

Overstock does nothing for us but gives us a bit of validation. Which is something we still need from a lot of other sources. When I am on this forum I forget the amount of work we still need to do to get acceptance. I was on a bootstrap startup forum the other day, they pretty much laughed me off the forum because I talked about bitcoins. This proves we need a lot more work on validation and getting it from higher sources, overstock is a very tiny source.

well lets see here, 150,000,000/0.01%= 15,000

I doubt 150 million have seen the ad. I would say about 100 people or less have taken to googling what bitcoins are from that ad.

Not yet, and you're one good psychic, your job must be to analyze commercial ads for a living to know how many people google things they see on TV.

No it an estimation TV is a dying medium, people 50+ don't really use google and people 30 and below don't watch much tv. So people 30-40 and are the target demo, and even then if you have to hope they have a phone or tablet to google it right their otherwise they will not even remember it.

... you must be joking.. right?
Considering the average time spent watching tv every day is 5 hours.. And the fact that this commercial will be ran more than once. Your math is wrong.

Here is some maths for you.

Specifically, says Nielsen, here’s the average weekly usage for ascending age groups:

2-11: 24 hours, 16 minutes.

12-17: 20 hours, 41 minutes.

18-24: 22 hours, 27 minutes.

25-34: 27 hours, 36 minutes.

35-49: 33 hours, 40 minutes.

50-64: 43 hours, 56 minutes.

65-plus: 50 hours, 34 minutes.

Read more: http://www.nydailynews.com/life-style/average-american-watches-5-hours-tv-day-article-1.1711954#ixzz2yDvtV3gd

And the Nielsen is inaccurate due to the fact that they use "statistical sampling". This is shown to skew real data by large margins.

farlack

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Activity: 1310

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Quote from: farlack on April 07, 2014, 12:04:13 PM

Quote from: bryant.coleman on April 07, 2014, 01:37:09 AM

Quote from: farlack on April 07, 2014, 12:04:13 PM

This has been published like 10000x but it is so small doesn't make a different no one is paying that much attention to it.

I don't think that it is in any way insignificant. Bitcoin has received a lot of negative publicity due to Gox. We should thank Overstock for giving us good PR, during these testing times.

It is, it doesn't promote bitcoin at all, maybe 0.01% will even google bitcoin but if you think that is driving people to bitcoin I have a bridge to sell you.

Overstock does nothing for us but gives us a bit of validation. Which is something we still need from a lot of other sources. When I am on this forum I forget the amount of work we still need to do to get acceptance. I was on a bootstrap startup forum the other day, they pretty much laughed me off the forum because I talked about bitcoins. This proves we need a lot more work on validation and getting it from higher sources, overstock is a very tiny source.

well lets see here, 150,000,000/0.01%= 15,000

I doubt 150 million have seen the ad. I would say about 100 people or less have taken to googling what bitcoins are from that ad.

Not yet, and you're one good psychic, your job must be to analyze commercial ads for a living to know how many people google things they see on TV.

No it an estimation TV is a dying medium, people 50+ don't really use google and people 30 and below don't watch much tv. So people 30-40 and are the target demo, and even then if you have to hope they have a phone or tablet to google it right their otherwise they will not even remember it.

... you must be joking.. right?
Considering the average time spent watching tv every day is 5 hours.. And the fact that this commercial will be ran more than once. Your math is wrong.

Here is some maths for you.

Specifically, says Nielsen, here’s the average weekly usage for ascending age groups:

2-11: 24 hours, 16 minutes.

12-17: 20 hours, 41 minutes.

18-24: 22 hours, 27 minutes.

25-34: 27 hours, 36 minutes.

35-49: 33 hours, 40 minutes.

50-64: 43 hours, 56 minutes.

65-plus: 50 hours, 34 minutes.

Read more: http://www.nydailynews.com/life-style/average-american-watches-5-hours-tv-day-article-1.1711954#ixzz2yDvtV3gd

gweedo

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Activity: 1498

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Quote from: bryant.coleman on April 07, 2014, 01:37:09 AM

This has been published like 10000x but it is so small doesn't make a different no one is paying that much attention to it.

I don't think that it is in any way insignificant. Bitcoin has received a lot of negative publicity due to Gox. We should thank Overstock for giving us good PR, during these testing times.

It is, it doesn't promote bitcoin at all, maybe 0.01% will even google bitcoin but if you think that is driving people to bitcoin I have a bridge to sell you.

Overstock does nothing for us but gives us a bit of validation. Which is something we still need from a lot of other sources. When I am on this forum I forget the amount of work we still need to do to get acceptance. I was on a bootstrap startup forum the other day, they pretty much laughed me off the forum because I talked about bitcoins. This proves we need a lot more work on validation and getting it from higher sources, overstock is a very tiny source.

well lets see here, 150,000,000/0.01%= 15,000

I doubt 150 million have seen the ad. I would say about 100 people or less have taken to googling what bitcoins are from that ad.

Not yet, and you're one good psychic, your job must be to analyze commercial ads for a living to know how many people google things they see on TV.

No it an estimation TV is a dying medium, people 50+ don't really use google and people 30 and below don't watch much tv. So people 30-40 and are the target demo, and even then if you have to hope they have a phone or tablet to google it right their otherwise they will not even remember it.

farlack

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Activity: 1310

Merit: 1000

Quote from: bryant.coleman on April 07, 2014, 01:37:09 AM

This has been published like 10000x but it is so small doesn't make a different no one is paying that much attention to it.

I don't think that it is in any way insignificant. Bitcoin has received a lot of negative publicity due to Gox. We should thank Overstock for giving us good PR, during these testing times.

It is, it doesn't promote bitcoin at all, maybe 0.01% will even google bitcoin but if you think that is driving people to bitcoin I have a bridge to sell you.

Overstock does nothing for us but gives us a bit of validation. Which is something we still need from a lot of other sources. When I am on this forum I forget the amount of work we still need to do to get acceptance. I was on a bootstrap startup forum the other day, they pretty much laughed me off the forum because I talked about bitcoins. This proves we need a lot more work on validation and getting it from higher sources, overstock is a very tiny source.

well lets see here, 150,000,000/0.01%= 15,000

I doubt 150 million have seen the ad. I would say about 100 people or less have taken to googling what bitcoins are from that ad.

Not yet, and you're one good psychic, your job must be to analyze commercial ads for a living to know how many people google things they see on TV.

farlack

legendary

Activity: 1310

Merit: 1000

Quote from: bryant.coleman on April 07, 2014, 01:37:09 AM

Quote from: AmDD on April 07, 2014, 11:09:09 AM

This has been published like 10000x but it is so small doesn't make a different no one is paying that much attention to it.

I don't think that it is in any way insignificant. Bitcoin has received a lot of negative publicity due to Gox. We should thank Overstock for giving us good PR, during these testing times.

It is, it doesn't promote bitcoin at all, maybe 0.01% will even google bitcoin but if you think that is driving people to bitcoin I have a bridge to sell you.

Overstock does nothing for us but gives us a bit of validation. Which is something we still need from a lot of other sources. When I am on this forum I forget the amount of work we still need to do to get acceptance. I was on a bootstrap startup forum the other day, they pretty much laughed me off the forum because I talked about bitcoins. This proves we need a lot more work on validation and getting it from higher sources, overstock is a very tiny source.

well lets see here, 150,000,000/0.01%= 15,000

gweedo

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Could the Bitcoin Foundation (or anyone with a good reputation) start a donation to create a short tv ad? Would this be beneficial or are we still too early in the experiment?

If I knew how I would and throw in some.

AmDD

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Activity: 1027

Merit: 1005

I saw this weeks ago on TV and as soon as I saw it I looked at my wife as she rolled her eyes... haha. We had just been talking about it being on different TV shows and it was too perfect.

Could the Bitcoin Foundation (or anyone with a good reputation) start a donation to create a short tv ad? Would this be beneficial or are we still too early in the experiment?

zolace

sr. member

Activity: 364

Merit: 250

yeah but even accepting bitcoin doesnt give it much PR, they need to give discounts for people that are buying with bitcoin somehow to promote it better.

CryptoPanda

sr. member

Activity: 910

Merit: 302

that's great!
next step Super Bowl!

vnvizow

sr. member

Activity: 364

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Well it's a win-win situation, they accept Bitcoins as a form of payment right?

zolace

sr. member

Activity: 364

Merit: 250

Yeah they should look into advertising, I seen thats why they didnt well on against ebay when they had there auctions, they lack a good team for marketing.

Sindelar1938

hero member

Activity: 490

Merit: 500

This is good PR considering the recent crap. So let's take it for what it is.

gweedo

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Activity: 1498

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Quote from: bryant.coleman on April 07, 2014, 01:37:09 AM

This has been published like 10000x but it is so small doesn't make a different no one is paying that much attention to it.

I don't think that it is in any way insignificant. Bitcoin has received a lot of negative publicity due to Gox. We should thank Overstock for giving us good PR, during these testing times.

It is, it doesn't promote bitcoin at all, maybe 0.01% will even google bitcoin but if you think that is driving people to bitcoin I have a bridge to sell you.

Overstock does nothing for us but gives us a bit of validation. Which is something we still need from a lot of other sources. When I am on this forum I forget the amount of work we still need to do to get acceptance. I was on a bootstrap startup forum the other day, they pretty much laughed me off the forum because I talked about bitcoins. This proves we need a lot more work on validation and getting it from higher sources, overstock is a very tiny source.

bryant.coleman

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