Advertising is a tax on the poor, and that’s OK
summary
Argues that advertising functions as a tax on the poor and maps ad formats to real value: banners and interstitials give no extra value, rewarded video grants in‑app currency (example: Hothead pays users about $7/hour via rewarded ads) but many users don’t actually watch and installs paid are low quality, and branded offers like Prio coupons deliver real‑world value that can equal $633/hour and travel outside the app to drive discovery and retention. Notes concrete constraints: paid UA is costly, under 2% of users ever purchase, and retention wastes ~40% of acquisition spend.
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chapters (19)
- 0:00Intro
- 0:20Who am I
- 0:53About me
- 2:04Predio
- 2:45Who are you
- 3:21Acquisition costs
- 3:41Retention figures
- 4:01User acquisition budget
- 4:51The thought experiment
- 5:33Ads
- 6:08rewarded video
- 6:37longterm sustainability
- 7:35app economy
- 8:30real world rewards
- 8:54pretty lad
- 9:30acquisition retention
- 10:00emotional catalyst
- 10:44engagement
- 11:12final thoughts
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