Sure, but most people here don't have the money to spend $700.00 on advertising and anyway that is a hit or miss idea. I think it would be more reasonable and more profitable to just buy $700.00 worth of Steem, and start upvoting people, you will probably get more followers this way and maybe make a killing if the price of Steem spirals upward, , and people tend to upvote articles of people who have given them a good vote. And remember $700.00 is something you have to spend on every post you make before you get any traction which could result in a lot of money.
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Agreed, it can be too expensive to buy ads on Steemit or other places too. And it is generally a bad habit for a bunch of fundamental reasons. There can be better ways of marketing but it may take more time and work.