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P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

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181–190 of 282 posts

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#181

Earlier quoted context omitted.

If Google or Facebook were gone tomorrow, I'd definitely notice. If Uber was gone tomorrow, I'd use Lyft.

You could use bing. Its about 90% as good.

DuckDuckGo has been fantastic lately, and the bang system keeps me from using anyone else.

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#182

In my own personal experience, I can honestly say I've never "intentionally" clicked on an ad in the past 20+ years I've been on the internet. I will say I've certainly looked at ads in magazines, billboards, tv commercials (before tivo) and even those small planes pulling banners at the beach. I am not surprised that digital marketing is not that effective. What does surprise me is why its taken this long to figure…

Not all ads are meant to be clicked.

If I have a new product that I want people to become aware of then digital advertising, appropriately planned and targeted, can be very effective.

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#183

In my own personal experience, I can honestly say I've never "intentionally" clicked on an ad in the past 20+ years I've been on the internet. I will say I've certainly looked at ads in magazines, billboards, tv commercials (before tivo) and even those small planes pulling banners at the beach. I am not surprised that digital marketing is not that effective. What does surprise me is why its taken this long to figure…

Relevance is huge. If you're shown an ad for something that you don't care about (which is most of the time, for most people), it will not be effective. However the right ad at the right time is very effective. But that's impossible to get correct all of the time, so there's no choice but for merchants to play the odds.

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#184

In my own personal experience, I can honestly say I've never "intentionally" clicked on an ad in the past 20+ years I've been on the internet. I will say I've certainly looked at ads in magazines, billboards, tv commercials (before tivo) and even those small planes pulling banners at the beach. I am not surprised that digital marketing is not that effective. What does surprise me is why its taken this long to figure…

> I am not surprised that digital marketing is not that effective. What does surprise me is why its taken this long to figure that out.

It is effective, and cheap at that. I run a small-ish left wing FB site and Twitter account, and regularly do small scale advertising - either to rally people up for a demonstration, or to annoy right-wingers. Proper targetting makes this incredibly easy, and judging by the numbers it works out just fine.

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#185

I've worked in and around marketing/advertising for the last 6 years in different capacities and have found that the emphasis on audience hyper-segmentation and retargeting to the exclusion of other methods is the single biggest piece of bullshit out there. Targeting people based on what they are apparently interested in vs. places they go that reflect those interests doesn't give better results and can turn off your…

Exactly. The entire industry seems to have no idea how to accurately weight "related" items by price or durability.

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#186
post #113
post #56

Earlier quoted context omitted.

It's a pipe dream; but advertising/lobbying deserves regulatory hurdles much like other public health threats (e.g. tobacco). And before anyone shouts "freedom of speech" - we already do that extensively for stuff like fraud, libel, and incitement to violence/terrorism, so this isn't really anything particularly new. It's simply detrimental to the overall ability for us to think .

> And before anyone shouts "freedom of speech" - we already do that extensively for stuff like fraud, libel, and incitement to violence/terrorism, so this isn't really anything particularly new. So the slippery slope people were right after all.

Freedom of speech isn't a blanket "call it speech and you can now do it unrestricted" rule. It is the freedom to communicate with interested parties about the matters of your choosing. It is not supposed to be a freedom to perform mass campaigns of dishonesty in economic or political domains.

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#187

It seems the issue is "overtargeting" of ads P&G ads don't work like that. Their products appeal to a broad range of people, same as their ads. Specialized targeting literally does nothing to improve conversion (and keeping their product in mind)

They sell a broad range of products, but not all of them appeal to a broad range of people. They can surely improve conversion by marketing men's razors to men and women's razors to women, for example.

That's still considered broad targeting.

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#188

It seems the issue is "overtargeting" of ads P&G ads don't work like that. Their products appeal to a broad range of people, same as their ads. Specialized targeting literally does nothing to improve conversion (and keeping their product in mind)

They sell a broad range of products, but not all of them appeal to a broad range of people. They can surely improve conversion by marketing men's razors to men and women's razors to women, for example.

Yeah but still, men and women "targeting" is basic stuff

What online ads allow you to target is "men between 28-32 from eastern Europe who like Formula 1 and Classical Music"

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#189

In my own personal experience, I can honestly say I've never "intentionally" clicked on an ad in the past 20+ years I've been on the internet. I will say I've certainly looked at ads in magazines, billboards, tv commercials (before tivo) and even those small planes pulling banners at the beach. I am not surprised that digital marketing is not that effective. What does surprise me is why its taken this long to figure…

I almost feel like there are two factions. I'm pretty similar to you. I have clicked on ads a handful of times, but it's very rare. However, I have worked in jobs where I had visibility into the metrics, and I have seen internet ads be EXTREMELY effective. Not in terms of clicks (which could easily be accidental or fraudulent), but in terms of people clicking and then purchasing. People aren't going to "accidentally" click and then give us money. And I've seen many campaigns where we were getting huge ROI in terms of actual dollars. So there are clearly lots of people out there who do click on ads and take action. I think the problem comes when you're using an intermediate metric like clicks or impressions to measure success. You have to measure the actual outcome you are trying to drive, like purchases or subscriptions. Of course, with CPG, that's a lot harder to do. And I'm not convinced that pure brand advertising is any easier to measure online than it is offline.

Re: P&G Cuts More Than $100M in ‘Largely Ineffective’ Digital Ads

#190

In my own personal experience, I can honestly say I've never "intentionally" clicked on an ad in the past 20+ years I've been on the internet. I will say I've certainly looked at ads in magazines, billboards, tv commercials (before tivo) and even those small planes pulling banners at the beach. I am not surprised that digital marketing is not that effective. What does surprise me is why its taken this long to figure…

I haven't intentionally clicked on an ad nor have I intentionally look at an ad in magazines, tv commericals, etc. I've gotten rid of my magazine subs years ago and haven't owned a TV in years. > I am not surprised that digital marketing is not that effective. Depends on the type. Certain google/facebook ads get far better traction than any traditional ad. The truth of the matter is all ads are ineffective. It's just…

> ... digital ads are easier to track ... whereas "traditional" ads are not.

digital ads are not always easy to track. a lot of malware is dedicated to filling your cookies with visits so that if you happen to buy something, they can claim you saw the ad prior and take credit. in many cases, a digital add campaign creates such a tiny blip in sales its hard to differentiate from randomness, were as a TV ad shows floods of sales.

> The best thing for ad industry is if traditional media dies and goes away and then they could focus their attention on "digital" rather than traditional/print.

traditional advertising, namely TV, is still the most successful way to increase sales for many companies. since digital ads leads to so few sales, even the platforms have often moved away from 'advertise to produce sales' to advertise for brand management.

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