This wasn't quite the diatribe I was expecting. I basically agree that what Amazon (and Google for that matter; disclaimer: I work for Google on display ads) is intent and intent is huge. Much as Facebook would like to become the de facto Internet, I don't see it ever capturing that intent (let alone Twitter). That being said, I think people discount what an inordinate amount of good advertising has done and just foc…
Please Stop Working on Ads
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Re: Please Stop Working on Ads
#22While true, it's not useful -- there's lots of evidence that there are people who feel the other way. Ideas for companies that have no more of a business model than "attract eyeballs" seem to do just fine, and there are notable examples that do more than just fine (e.g. Google). The point has been made many a time that human attention is not easy to get, and there are people willing to pay money to get some fraction of that attention.
My pet peeve is when sites that do not need to carry advertising carry large amounts of very annoying advertising -- I'm looking at you, Amazon, with your "Product Ads From External Websites", which you occasionally trick me into clicking because it looks like "Customers Who Looked At This Also Looked At". Or, far worse, is eBay, which is so inundated with ads that I find it almost unusable.
[1] The exception, I guess, being companies that are in the business of serving or enhancing ads.
Re: Please Stop Working on Ads
#23Please stop writing articles telling people not to work on ads. I don't disagree with the point, but we've seen a deluge of these recently and not a single one has had something fresh to say. Pissing all over people working on ads, is the new working on ads.
Weeing all over kittens is the new old.
Re: Please Stop Working on Ads
#24This wasn't quite the diatribe I was expecting. I basically agree that what Amazon (and Google for that matter; disclaimer: I work for Google on display ads) is intent and intent is huge. Much as Facebook would like to become the de facto Internet, I don't see it ever capturing that intent (let alone Twitter). That being said, I think people discount what an inordinate amount of good advertising has done and just foc…
I'd dump money at Google if they monetized Gmail. While Google brand is great and proven, other services that are 'free' gives me the impression that it won't last and not safe or guaranteed. Gmail is the exception - and I'd fork money gladly if they ever decide to charge for it.
Re: Please Stop Working on Ads
#25Making a blanket statement like "advertising is bad" is like saying that commerce is bad. We all agree that bad advertising is annoying. We all agree that most advertising today is bad advertising. But that's no reason to stop working on advertising. EDIT: Advertising is a $600B a year industry. It isn't going to disappear. Improving advertising seems like a good goal to me. Yes there are loftier goals, but this is a…
Re: Please Stop Working on Ads
#26Apps powered by ads are a different kettle of fish but advertising is still a big deal for media and publishing businesses.
Re: Please Stop Working on Ads
#27That's really the most important part. These are the companies spending their money. Why do they want to "waste" their money on those sites if as the author states nobody goes there to buy things.
Two reasons: 1) That's where people are. People spend 8 hours a month[1] on Facebook out of an average of 32 total hours a month[2] online - 25%. A company would be stupid not to want to be seen there. I'm sorry, but if your business is selling things to the average consumer, the average consumer is on Facebook. They go there to be social with their customers, friend, like, share, and follow. That leads me to my second point...
2) It's not about selling (right now). The OP makes a huge assumption that ads lead to clicks lead to sales. Ever seen a TV ad? Do you think TV viewers stop watching the program to run to the store to buy Tide? No. It's about branding, having a marketing message and making sure everyone sees it. The 30-second elevator pitch. Then when they ARE in the mood to buy, when they ARE in the store, they think about your product. "Hey, I need a new X soon, maybe I should check out product Y I've been hearing about."
I can certainly see how people can think "there's no intent to buy" on Facebook and Twitter and maybe that's often true, but that's not even the point. And ad-supported businesses will always always exist although it might not be the best model for you.
[1] http://mashable.com/2011/09/30/wasting-time-on-facebook/ [2] http://www.go-gulf.com/blog/online-time
Re: Please Stop Working on Ads
#28Making a blanket statement like "advertising is bad" is like saying that commerce is bad. We all agree that bad advertising is annoying. We all agree that most advertising today is bad advertising. But that's no reason to stop working on advertising. EDIT: Advertising is a $600B a year industry. It isn't going to disappear. Improving advertising seems like a good goal to me. Yes there are loftier goals, but this is a…
You discussed none of the points in the article. This is likely to result in downvotes. (Did you even read it ?)
"Please stop working on ads. Pick an unsolved problem instead. Not only it’s potentially better for the world, but also you’re more likely to raise funding and cash out. Oh, and if you’re an investor, don’t touch ad-based stuff. If you do, you’ll be very uncool"
Re: Please Stop Working on Ads
#29There are many, many industries that rely on brand awareness to sell there goods. There is an amazing quote which I unfortunately couldn't find that goes something like this:
"In order to reach the small segment of the population
that is interested in buying Mercedes, everyone in the
world must know what our brand stands for."
Ads with intent drive clear, immediate ROI, but they can only ever capture the segment of the market that know what they want. Display ads on the web may not be the future of advertising, but it isn't going to go away, even if cable TV died tomorrow. In fact, the very fact that this discussion keeps coming up makes it pretty clear that there is a huge opportunity to innovate in this market. Maybe the advice should be: don't build a business that runs on static display ads, do try to find an innovative ad model that engages users and works for brands. Ads, for example, like the interactive old spice ad on vimeo. Immediate ROI? No. Massive brand awareness? Absolutely.Re: Please Stop Working on Ads
#30The funny thing is that the people I know who've worked on ads have some of the most in-demand skill sets around. It turns out that most successful consumer internet companies in the last decade have had to turn to some form of advertising (FB, Google, Yahoo, Twitter, Pandora, etc). And knowing how to build those systems makes you someone in high demand.