Skip to main content

Predatory Advertising


Today, there are two kinds of advertising: the one that make our lives better, serviceable advertising, and the one that makes our lives worse, predatory advertising.  
What’s the difference? 
Predatory advertising doesn't ask for permission. It interrupts you when you are about to watch a video or read an article. Serviceable advertising asks for consent prior to sending people marketing information. 
Predatory advertising is constantly chasing you wherever you go online. It follows you like a tiger follows its prey. Serviceable advertising doesn't harass you online. It knows what you want and tries to advance the conversation with your consent.  
Predatory advertising doesn't care about your time. It blocks what you want to watch for the duration of the ad. Serviceable advertising never interrupts your experience.  
Predatory advertising is not relevant. It shows stuff that you don't give a damn about it. Serviceable advertising knows your preferences and is always adding value.  
Predatory advertising tends to live in a world without choices, a place where people are in captivity of the message. Serviceable advertising lives in the world where people are in control and have the freedom to choose their path.  
Unfortunately, predatory ads have created the market for lemons where social platforms and media sites don't distinguish between good "peach" and bad "lemons" ads. They all pay the same price per view or impression and have the same level of access to the audience. People are reacting to this invasion with software that blocks all ads, which can create a collapse of the advertising market.   
I believe in serviceable advertising has the power to improve people lives and make the world a better place. The advertising industry in concert with social platforms should regulate predatory ads. They should ban or tax them a higher rate to force them out of the market. Otherwise, we are risking a market collapse of ads or people walking away from sites altogether.

Comments

Popular posts from this blog

How Cool Brands Stay Hot: Aim for Love, Not Likes

Love is an unconditional emotion while like is a more watered-down version of love. Loving someone means that he or she means everything to you while liking someone implies that you are only happy being with that person. Love involves deeper, stronger emotions, while like is more of a tender feeling towards that special someone. In a world of infinite choices, love is everything. Like is a nice to have.  Today, we live in a world of abundance, where people intent to create content surpass their time to consume it. Video content is much easier and cheaper to produce than at any other time in history. YouTube sees 400 hours of video uploaded every minute. Facebook has more than 250,000 status updates in the same span. We could never read and see everything online.  With unlimited possibilities and limited time, we pay sustainable attention to what we love and divided attention to what we like. We spend hours watching Homeland and give our divided attention to our news feed on Facebook. …

Adidas kills TV. Now, let’s debate

The News: Adidas is ditching TV for digital. The company is looking to boost its e-commerce revenues from $1.06 billion in 2016 to $4.25 billion by 2020 — and Adidas wants to use digital channels to get there. The Rationale: Fish where the fish are. Younger consumers don't watch TV anymore. They spend most of their time on their mobile devices. The Controversy: Why do they want to ditch a medium that is allegedly more "critical" to the brand and that generates more sales than digital? Here we have the Debate between TV and digital: Media Consumption TV: People are watching TV now more than ever.  Digital: People are consuming media more than ever, but mostly through digital devices. The Fact: In 2017, people are projected to spend 6 hours on digital – with the majority being mobile devices - while only spending 4 hours consuming television according to the eMarketer forecast. Younger viewers watch 2.5 times more internet video than TV. Consumers aged 13-24 watch 12.1 hours …

Winter and Summer in Adland

It is winter in Adland.  We have moved from a world of scarcity to a world of abundance and algorithms.  We have lost the power of influence. Trust has been severely damaged.  Consumer attention is the new bottleneck. We no longer decide who sees us. Instead, we get picked.  30 second is not enough anymore. We need to take consumers through a scenic journey to create a long lasting relationship.  Everyone is a publisher. It is easier than ever to create, but harder than ever to make a hit.  The impulse to make has far outrun the desire to consume.  New forces have emerged in the form of sophisticated algorithms.  A new model has surfaced called "pay per play,” which scored everything we do on relevance to feeding the machine. It decides what gets picked, when, and where, based on extreme relevancy.  Mass media has vanished. Precision and personalization have emerged.  It is winter in Adland. The good days are all long gone.  It is Summer in Adland We now have the power to make bra…