Some traffic channels simply can’t support the conversion demand of this market cycle.

Earlier, I personally tested this by hiring Jingxiang, who is somewhat well-known in the industry, and her friend to run ads. The result? The conversion rate was nearly zero. Even someone from a top exchange privately admitted that “pretty girl” or borderline content traffic looks lively on the surface, but the actual conversions are disastrously low.

Even small-scale operators like me can’t be bothered with these channels anymore—the data speaks for itself, and the input-output ratio simply doesn’t add up. To put it bluntly: projects that are still throwing their budgets in this direction are basically paying a “stupidity tax.” The market has already proven the answer with real money; stop hoping for miracles.