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What do we really know about the effectiveness of digital advertising?

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Re: What do we really know about the effectiveness of digital advertising?

#81
post #54

Maybe this is just a generational thing, but I still have never clicked on an ad. I hate ads. I don't know anyone who likes them. I don't know anyone who has intentionally clicked on them. I have literally never met anyone who places any value in advertising at all. Everyone hates it with 100% of their being. It is the garbage we all just sort of accept exposure to as some sort of fee for existing online. Who are all…

I'm not sure what generation you're a part of but I appreciate ads when they actually tell me something I didn't know about that I do want to buy. For example I've been shopping for beds and dont mind ads for brands I hadn't heard of. Some of them I would have bought had they been in my budget but this to me isn't so much a problem with ada in general as it is about as targeting.

I’m way past accepting ad-network ads. If an ad shows for a product I’m really interested in I’d rather google it on a different browser/device than click the ad. But mostly I’m disappointed that the company in question even uses ad-network (ie tracking/targeted) ads.

(I’m from the 70’s and TV didn’t have ads when I grew up, that could make a difference I don’t know?)

I want to be shown no ads or ads for products completely irrelevant to me because seeing (well-)targeted ads makes me feel watched and tracked.

Re: What do we really know about the effectiveness of digital advertising?

#82
post #20

So 16 years ago it has been shown that advertising for your own brand name is worthless? Yet still in 2019, when I google for "Amazon" I see an Amazon ad? Color me skeptical. I doubt the marketing guys at the worlds biggest companies are that out of touch with reality. Would love to know why they do it though.

[deleted]

Re: What do we really know about the effectiveness of digital advertising?

#83

From the article: > Marketers are often most successful at marketing their own marketing. I've seen this play out at places I've worked. After raising a funding round, marketing sold the leadership on letting them burn the lion's share of it, even though launching new marketing campaigns was never on the list of reasons we initially went out to raise money.

I think that's a self-preservation tactic for many that often backfires. Most non-marketing management people want immediate and huge results... which are both hard to quantify and impossible to get without overspending or having an insanely lucky idea that goes viral. Naturally this leads to asking for a bigger budget and promising bigger results, then KPIs aren't met for X, Y, Z reasons, then they're forced to just…

What do marketing management people want?

Re: What do we really know about the effectiveness of digital advertising?

#85
post #15

Earlier quoted context omitted.

you can, just click "maybe later" at the bottom where it says "become a member"

I did that, and then afterwords it told me that the article was being gifted to me buy a paying member. After that I just closed the tab. It is kind of a stroke of genius, encouraging me to sign up by showing me that I'm enjoying the largesse of a paying customer. On the other hand, if letting me read the article is such a huge imposition, I guess I don't want it.

The paying member is the first author.

Re: What do we really know about the effectiveness of digital advertising?

#86
post #8

> a Super Bowl ad cost three million dollars. Why? Because that’s how much it cost. What does it yield? Who knows. This article is awesome. In my free time I'm building an advertising platform that topic matches ads off the content of the web pages. No tracking of users. I'm hoping to allow people to host and run their own all inclusive self contained advertising platform for just a licensing fee. I also have a way t…

Looking forward to your Show HN!

Re: What do we really know about the effectiveness of digital advertising?

#88
post #7

I've always wondered about those adverts for the website I'm searching for. If I type its name into Google, I'm already 100% committed to going there. Sometimes I click the advert (it generally depends how much I like the company). The other aspect of online ads that strikes me as ingenious but probably not sustainable is the way Google inflates the auction system with fake money. Anyone who's run a website will have…

It costs the ad creator money every click and rewards google for mixing ads into the search results in a confusing way. This is a sketchy practice when the ad is for the exact product or site you typed into the search bar - as another commentator mentioned, the dynamic forces you to buy the ad to keep competitors from stealing the spot. Toxic

Re: What do we really know about the effectiveness of digital advertising?

#89

Overstated. This article assumes that: - All online advertising is Google search - That brand search advertising is representative of the entire industry There are plenty of companies making double-digit ROAS (return over ad spend), especially direct response advertisers.

Hi, I'm the author of the article, and I don't assume all online advertising is Google search. I also cite research on display advertising (meta-study of 432 display experiments on Google): https://www.ssrn.com/abstract=2701578 And on Facebook advertising: https://www.kellogg.northwestern.edu/faculty/gordon_b/files/... The problem with all online advertising is that there are huge selection effects, which are hard to…

Do you think that the situation is due to an arms race kind of scenario? -If everyone but one stopped advertising then the one still doing it would reap massive benefits? So advertising is a form of obstructing the competitor.

Re: What do we really know about the effectiveness of digital advertising?

#90
post #12

Maybe this is just a generational thing, but I still have never clicked on an ad. I hate ads. I don't know anyone who likes them. I don't know anyone who has intentionally clicked on them. I have literally never met anyone who places any value in advertising at all. Everyone hates it with 100% of their being. It is the garbage we all just sort of accept exposure to as some sort of fee for existing online. Who are all…

>I have literally never met anyone who places any value in advertising at all. Everyone hates it with 100% of their being. I like ads -- but only if they're relevant to my interests . There lies the problem: 99% of all ads are not relevant to my interests. For online ads, 99.99% of ads are not relevant to me. So, I use a DNS blocker to filter out ads.

I like ads if they're relevant to my interests AND they match the mental mode I'm in at the moment. If I'm flipping through an outdoorsy magazine and I see an ad for a neat new camping tool, I might be happy to have seen that ad. If I'm perusing a photography website and I see an ad for a cool new camera, I might be happy to have seen that ad.

I'm not happy if I'm reading a tech blog and I see ads for a car I was researching yesterday. I'm not happy if I'm checking my local newspaper's website and I see ads for the necklace I just bought my wife. These are like the non-chill guy who loudly approaches you at work, "HEY I HEAR YOU'RE LOOKING FOR A NEW JOB!".

Context is important.

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