DISQUS

AttentionMax: What Is The Purpose Of Online Advertising?

  • Matt Mantey · 11 months ago
    Great question to ask. The answer for online advertising is all of the above.

    The "purposes" of traditional media you mention are a made-up nomenclature that turned into pseudo-science spun by crafty salesmen and then into accepted vocabulary so buyers and sellers could converse efficiently. Anecdotal evidence at best to correlate those purposes to actual business outcomes.

    Online advertising is DR, brand, re targeting, behavioral, awareness, intent all wrapped into one. But it's hard damn work to sort that all out. Most brands and agencies find it completely overwhelming. Online advertising also takes many formats, so lumping it together is not a productive way to segment. The attributes of search (paid and natural), display, affiliate, email, social network and sponsorships online are all very different.

    Bob Greenberg at RG/A had a very relevant column in AdWeak early last year called Funnel Clouding. I commented on that post here http://tinyurl.com/8trbzr.
  • maxkalehoff · 11 months ago
    The key insight you note is "converse efficiently." The crafted "purposes"
    simplified the the landscape reduced the friction to doing business. While
    imperfect, those purposes were generally accepted rules that could be
    applied to optimize campaigns and drive toward goals. Agree with you totally
    that online advertising is DR, brand, re targeting, behavioral, awareness,
    intent all wrapped into one -- and that's the problem: it's inefficient to
    do business with so many competing purposes. A lot of everything results in
    a whole lot of nothing.

    One of the interesting side conversations I had with Erwin is the role of
    creative. Creative has a dominant influence on the performance of any media,
    regardless of the intended goal or purpose. Creatives haven't mastered the
    purposes of online media. Creative that doesn't work is perhaps the biggest
    reason that display inventory rates are dropping through the floor right
    now. Imagine that: if display really, really could perform. But right now,
    with few exceptions, it's not.
  • Chrissy · 11 months ago
    All browsers don't have adblocker plus and many firefox users aren't aware of this tool. However pop-up blockers are universal, and pop-up ads have been successfully demolished, because they interfered with the user's browsing experience.

    Please correct the grammar/typo in the following sentence of your article:
    "And that’s the precisely problem"
  • maxkalehoff · 11 months ago
    Good point on pop-up blockers, but they still manage to occasionally
    slip by even the mosr aggressive blockers, like the one in the image
    of this post. But I wonder why any company would want to employ a
    tactic that makes customers and prospects hate you. There's a lot of
    "look the other way" going on with advertisers, agencies and
    sub-contractors. But still, what's the purpose of the good
    advertising?
  • fredwilson · 11 months ago
    the comscore research on display suggests that display's role is to get us to search at some point
  • maxkalehoff · 11 months ago
    Good point on comscore. I was with Gian at Wharton when he first
    presented it last year. But on that note, there's a lot of work to do
    in isolating all variables in a campaign that contribute to search.
    Josh Stylman made a great point the other day, underscoring that
    search should be used as a key element of measuring performance of
    entire campaigns and their components. Surprising how isolated search
    strategy (demand capture) is from branding strategy (demand creation).
  • Kevin Grossman · 11 months ago
    Absolutely. Buyers already ignore tv advertising with tivo and dvr, block out radio advertising (or pay for sirius/xm), or screen-skip the print ads. So it stands to reason that we need to better understand our mediums of old as well as online.
  • Doug · 11 months ago
    The point you're missing on Adblocker Plus is not that our brain can do the same thing, but that this opt-out feature cuts out the ads before the brain even has a chance to decide if the ad is relevant. Is that not a huge threat, i.e., a handy utility (IE7 Pro) automatically deletes ads without being told to? (By huge threat, I mean, down the road, as TiVo became in 2009 versus 2004 when it was still nascent)
  • maxkalehoff · 11 months ago
    Good point. It's almost like direct marketing, which has less than a 1%
    success rate. So with an effective technology-based ad blocker, you'd go
    from less than 1% of people noticing or responding, to almost nothing,
    depending on number of actual installs. (Or something like that.)