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the value, or not, of online advertising

From a brand communications perspective, some of the most interesting things happening are around new ways of connecting to people that, at least, buy or use your product. I say at least because today there’s nothing holding people back from promoting and selling your brand, if they dig it. And there’s nothing holding brands back from not making that more likely. I like what Rick Liebling touches on in this post about the future of retail, and how brand advocates can/should/will be viewed differently from an organisation-boundary-perspective. More thoughts on that in a later post.

At the other end, brands need to continue to “just lightly nudge” people into buying their services and products and display advertising is, from a user behaviour and media usage pattern perspective important. A few bits that are connected happened to pop up about the same time.

Google says that its technology could be a game-changer, in that it will create an advertising product that can command a premium.

“Display inventory to date has been limitless,” said Faville. “It could be that prices for viewable inventory become higher as advertisers’ confidence increases in the system. There is a high likelihood of these ads being seen as valuable to marketers.”

From The Guardian/technology

“The problem with television is that people must sit and keep their eyes glued on a screen. The average American family hasn’t time for it, it will never be a serious competitor to radio broadcasting.”
– The New York Times in 1939, by way of Dave Trott.

Via Gustav von Sydow

“Well-informed people know that it is impossible to transmit the human voice over wires, as may be done with dots and dashes of Morse code, and that were it possible the thing would be of no practical value.”
– 1865 Boston Newspaper, by way of Dave Trott

Via Gustav von Sydow

Premiumization is likely to happen. Exclusivity formats too. And likely to work, because it actually should work. We will break free from terminology like display vs ondemand TV vs online TV vs Broadcast TV etc and see more clearly. Nobody ever clicked on a TV ad, yet we know it works. Mere exposure effect is real, etc. Just a reflection.