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How about tracking back to content related advertising rather than tracking based advertising? All related studies are showing that the latter isn't working any
by masswerk 5y ago
How about tracking back to content related advertising rather than tracking based advertising? All related studies are showing that the latter isn't working anyway. And, as these metrics (and ethics) suggest, it has been an illegitimate invasion, right from the beginning. The fancy "conversion rate" dashboards are just not worth it.
Bonus: Maybe this will be an opportunity for content providers to reset the decline of advertising prices that has happened over the last decade. (Remember the blooming blogger scene in the 2000s, when you could still make substantial revenues? Remember the thriving online news papers? We could get back there, if advertising became less invasive and less aggressive and also more profitable for content providers, e.g., how it had been in print.)
- saint_abroad 5y agoIndeed, maybe it's about time advertisers got back to sponsoring quality content their target audience enjoys, rather than direct marketing through the back door on the lowest common denominator.
- masswerk 5y agoP.S.: An interesting experiment may be an ad-blocker with an option "block animated ads and tracking only" (or rather, "show static ads only"). And maybe another option "filter ads to greyscale". I guess, reducing distraction and moving towards a client-based and user-controlled "ads manager" may have a decisive impact on overall blocking habits.
- bserge 5y agoStill not sure why that didn't become predominant. Dynamic content based ads seemed to be the new fad in late 00's, then it kinda disappeared, with user tracking becoming the norm.
- PaulHoule 5y agoTracking is necessary for the advertising economy to control bad behavior on the part of publishers and advertisers, not just to serve targeted ads. No matter what there would be discrepancies in the numbers (publisher says it sent 75 clicks, advertiser says it got 70) and that breeds mistrust. Participants have a reason to lie. Having multiple third party watch the whole thing helps them trust each other.
- masswerk 5y agoThis has been possible before. Google was built around content based advertising. Also, maybe click-through rates are not that important? Maybe exposure is a more decisive metric? As a side-effect, we may reduce social bubble effects and maybe even return to a shared reality? (Many of the unwanted effects of the Web are really due to targeted advertising and its consequences.)
- aerosmile 5y agoYou're clearly under the impression that all that Facebook does is get you good click-through rates and low conversion rates. Similarly, you're under the impression that Google's conversion rates are through the roof. Did you ever stop to ask yourself if your world view might be limited to a small sample size (eg: your own experiences)? I know plenty of businesses where the conversion rates are exactly the opposite of what you described. It turns out, the right marketing platform is related to the product you're selling. For example, if you want to buy a vacuum, Google will do a great job in connecting you with the right advertiser. But what if you just started a new hobby and don't yet know what it is that you need in that hobby? Eg, you started racing, but have no idea that upgrading your suspension will get you more performance than upgrading your exhaust? The advertiser selling suspension components will use Facebook to share this information with you (and Facebook will do a much better job than Google of identifying the person who needs that component but doesn't know it yet), and they will also advertise on Google as well, but Google will only be relevant once the buyer starts researching suspension solutions. Kind of nice to be the first one to pitch a suspension solution to a willing buyer, don't you think?
- masswerk 5y agoOn the other hand, if I'm not on FB, I probably miss those vendors of suspension components all together. Advertising "in the bubble", as opposed to "in the world", comes with its disadvantages. With content based advertising (media analysis), you'll probably catch me at the related watering holes and communities. Also, excluding non-targeted audiences doesn't exactly benefit a shared world view. P.S.: The general idea of targeted advertising misses the concepts of state of mind and focus of interest entirely. There's a (significant) difference in delivering a message in context and out of context. (The latter may have even adversarial effects.)
- aerosmile 5y ago> All related studies are showing that the latter isn't working anyway. This is very common on HN these days - stating something with a lot of confidence that turns out to be some self-constructed mental model that has nothing to do with reality. Then, add the obligatory "all related studies are showing it" and you have met the publishing standards. Legally or illegally, morally or immorally, for better or worse, Facebook has created the most sophisticated ad targeting engine the world has ever seen. You want proof? Look at their financial statements. You want more proof? Look at all the companies that went public on the back of Facebook's ad targeting engine. Again, perhaps it shouldn't exist in the first place, but trust me, it works.
- masswerk 5y agoDisclaimer: I studied media theory and publishing, but well before the Web became the all-decisive factor. Meaning, I have some idea about those things and have still an interest in them. (Also, I actually programmed ad embedding mechanisms for ad networks, but quit this field, when things became too invasive and ads too aggressive and I couldn't justify this any longer. – At this time, tracking was commonly done for multistage campaigns only.) That said, I've never come upon a study that showed significant gains due to targeting, rather to the contrary. – So, after a decade, I'm still waiting for any proof in favor of targeting. (The suspicion must be still that targeting is rather a lazy alternative to media analysis and its perceived advantage is rather rooted in minimising efforts than in effectiveness.) Regarding "Facebook has created the most sophisticated ad targeting engine", this is a rather biased proposition. It has enforced Facebook as a broker, made advertising cheap, while less effective, and has driven ad revenues for content providers downhill. (Google is to blame, as well.)
- renewiltord 5y ago* There is a pervasive belief on HN that marketing teams are making easy errors, i.e. there is low hanging fruit * Consultancies that improve marketing campaign efficacy make lots of money * HN users are making small fractions of that money and constantly complaining about it * Any HN user capable of picking this low hanging fruit could do this for two years and retire for life * They are not * Conclusion: Either there is no low hanging fruit, or the HN users observing this are making millions of dollars, or these HN users do not care for money at all and get greater utility from complaining about money.