4 reasons why advertising on Quora is a no-brainer
Q&A platform Quora isn’t just somewhere to enjoy some of the weirdest queries on the web; it’s a smart, cheap advertising channel – so says Earnest’s Rachel Fellows.
Is Quora an under-used marketing gem? / Rubaitul Azad via Unsplash
The big players in digital advertising have a disproportionately large chokehold on audiences’ attention compared to the little guys. The King Kongs of Meta and Google clutch firmly onto the spires of digital marketing, batting away the biplanes of other platforms.
But with rising costs and ad apathy from users, marketers are forced to become more experimental with their ad placements. For many, this has yielded results for the better.
Quora’s time to shine
Question-and-answer platform Quora is one such unsung hero. With its large database of over 400m users, broad topic targeting and engaged audience base, it’s a golden opportunity to test outside of the usual juggernauts.
The platform amasses data on every topic known to humankind. Your audience is likely there looking for information, creating communities, and engaging in debates.
Better yet, they’ve been at it a long time. Quora has been up and running since 2009, and ever since then it’s been in the background, quietly answering all kinds of questions – from full-stack development technicalities to relationship advice. Across that time span, it has learned a fair bit about optimizing the platform for advertisers too.
There’s an opportunity here for those willing to take it. We already know that there’s probably a user base interested in what you’ve got to say. Why not be the brand to tap into it?
Quora advertising in practice
For the naysayers among you, we tested the platform ourselves on a tech company’s brand awareness campaign – and we uncovered some interesting results.
Here’s what we learned after testing for two months and a $10k spend.
1. It’s cheap(er)
When compared with Linkedin, cost-per-click was 99% cheaper on Quora when running static-only ads, costing as little as $0.46. This helped to drive huge amounts of traffic to the site on relevant terms, without blowing the budget.
2. The audience is engaged
The click-through rate on those ads was 0.84%, versus a 0.39% average on LinkedIn for the same creative (and the creative could actually have been better optimized for the platform).
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3. It drove leads (but quality could be questionable)
For this client, targeting was very niche and lead quality closely monitored. Unfortunately, although the ads drove interest, the quality of user wasn’t as good as we’d hoped. Lead quality from Quora is dependent on the client’s objectives and constraints — it’s worth keeping in mind that different clients will have varying success.
4. Targeting was pretty good
Targeting is fairly wide-reaching, with opportunity to target contextual topics, lookalikes and user behavior. Although other platforms can pivot specific data groups, Quora holds its own here. It’s worth experimenting with different combinations and segments to see what delivers the best results.
It’s worth testing a small subset of your marketing budget on Quora for your campaign. It expands your digital footprint and may give you another stream in which to inform and delight your audience.
Quora offers a great opportunity to occupy space where the bigger players aren’t as prevalent, with access to a larger segment of your audience. This channel will likely work best for an awareness campaign; but it can work well as a lead generation channel (depending on your client’s needs).
So, by all means, keep on climbing the Empire State Building of digital – but maybe use the lift once in a while.
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Earnest is the award-winning B2B marketing agency that’s chasing out the humdrum in London and New York.Find out more