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You would end up stalling the development of new products. I can't invent and sell an 800 usd massage chair if people assume they cost 5000 usd and so don't eve
by tomjen3 6y ago
You would end up stalling the development of new products. I can't invent and sell an 800 usd massage chair if people assume they cost 5000 usd and so don't even go looking for them.
I can't start a "we are cheaper than wallmart" discount business without advertising this fact.
You need advertisements, or something like that, to encourage new products and price competition.
You do not need tracking for any reason since you can advertise against the content of the article, video or podcast. If I am reading up about apartment prices in AREA, serve me suggestions based on that.
Targted ads don't work.
- im3w1l 6y agoThat's a nice theory but doesn't mirror my experience. Online ads will be for overpriced junk, when it's not literal scams. The reason is it's all highest bidder, no quality control. If there was an ad network with a brand, with a reputation for only running ads for high quality products at competitive prices, then maybe I'd pay attention. EDIT: Writing this comment made me consciously pay attention to ads to verify my thesis, but honestly the quality was better than I expected.
- jakubp 6y agoYes, it would stall development of a lot of business. Many of these businesses are not necessary. Humans would start a different path of looking for what's actually useful rather than falling for what's out there -- or at least that's the dream :) [edit] Onto your second point, that you need ads to promote price competition, I don't think so. There's almost no advertisement in many kinds of services like e.g. hair salons, but they still very much compete (price included). Also, huge majority of professional trainers do not advertise anywhere in my area, and yet we all compete on price and our customers know the range of prices that are reasonable. So information about price etc. flows quite well regardless of ads.
- bgilroy26 6y agoThere is an honest need in here, to surface unknown unknowns within the world's of consumer producta/services. It could be solved by a trade show/business fair kind of thing (maybe we would know we had solved it when B2C looked like B2B) The thing is, advertising does not efficiently suggest products/services now, so the idea that removing it would hurt customers ability to find what they want is a little melodramatic
- Blikkentrekker 6y agoThere is plenty of price comparison websites that one can use right now that allow one to search for a specific product and compare price offers. One would search for a massage chair on there and find that some are cheaper than others and read the reviews to make an educated guess about whether the extra price is worth it.
- mwexler 6y agoSo, still ads but different name. These price engines (every one I've seen) are all affiliate hubs; they list only products that pay for the click. Any reviews on such sites are biased in similar ways to the gaming in reviews in major sites like Amazon. Now, one could say, "so what? Most folks know that, useful info still, and it's better than ads!". But is it? At least the ad is an overt block of color, but affiliate links are hidden behind redirects and tiny disclaimers (in the few regions that require disclosure). It's fine (and easy) to complain about display ads or video ads, but there's a lot more. Product brand shown or mentioned in tv or movie:ad. Movie trailers: yep, ad. Public media mentioning a sponsor: ad. That tiktok or insta person who always has branded product in the frame? ad. In fact, most product discovery comes from ads. Is there another way? Probably, but ads have worked better than any other approach for so long, we haven't beaten it yet. I hope we do, but til then, for every 100 ads I despise, I'm still happy I found that one thing I actually liked. Can't say that defends all ads, but it gives me hope that we can find a good middle spot.
- Super_Jambo 6y agoIt depends who's paying. If the product seller pays then it's an advert. If the product buyer pays it's not. The difference in economic incentives is... stark. Ad supported media has a similarly skewed structure. If I'm paying for media I better like it. If adverts pay for it, the key is lots of people spend lots of time looking at it.
- hedora 6y agoThere is a difference between advertising and product distribution. I haven’t heard anyone suggest we ban distributors.