
Ep 365. Finding Moats: Market Power, Customer Behavior, Substitution, Distribution, and Margin Protection
Focused Compounding
00:00
Is Facebook Advertising as Effective as Facebook Advertising?
The pricing, which is critical, is the advertising ind what pays off for it, for the advertiser. Just because your eyeballs are substitutable between tiktok and facebook does not necessarily mean that the advertising is. On twitter,. We know that the effectiveness of advertising, for instance, on facebook local businesses has been very high in a way that t has not been for any other on my platform. So you have a very low price on it's very, very well price. And so having it pay off is key that way.
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