In this post we’ll be sharing our takeaways from a recent AdAge article: OPINION: THE CLOSED NATURE OF THE OPEN WEB
“Few have become the gatekeepers for the many, both in terms of information and advertising..”
We highly recommend reading the article but, let’s jump straight to the opinion exposed for today: “Right now, the few have become the gatekeepers for the many, both in terms of information and advertising. From the information standpoint, alarms have been sounded, and players in Washington have begun discussing possible breakups of big tech in earnest. So where are the alarms on the advertising side?”
For the information part, we agree.
As we wrote in a previous post:
For the advertising part: Do not put all your Advertising eggs in the same Social Networks baskets.
We were sensitive to 3 arguments:
“…rewarding harmful content while decreasing the funding for quality journalism.”
“The fueling of unsafe environments
When advertising on the major tech platforms, advertisers are valuing all content the same, whether it’s high-quality journalism or user-generated rants. In doing so, they fuel the unsafe moments they are trying to avoid. The irony is that many advertisers are only willing to pause their YouTube spends, but they’ll fully eliminate advertising around quality news content—rewarding harmful content while decreasing the funding for quality journalism.”
Is a Social Network context, the most appropriate for your brand message?
If you’re only advertising on Facebook (or Google, Amazon, you name it), then you’re only reaching an audience when they’re in their Facebook (or Google, Amazon, etc.) mindset. And that’s perhaps not the mindset most conducive to your messaging and goals. On the open web, advertisers can target their ads not only by audience, but also around high-value, relevant content that puts a halo around their brands. Quite simply, contextual advertising works. When consumers see messaging that is relevant to their interests, in the moment that they’re indulging those interests, that messaging is far more likely to resonate. ”
Valuing social engagement over brand engagement.
“Negative brand value
The very design of these platforms is intended to strip away brand. People don’t say, “I saw a GM ad.” They say, “I saw a Facebook ad.” These platforms’ greatest trick has been to get CMOs to value social engagement over brand engagement. This is the exact opposite of what advertising is supposed to accomplish.”
Mandatory Source Profile:
According to TrustedOut AI-Operated Taxonomy, AdAge is:
General › Economy And Enterprise › Marketing
Industries › Information And Communication › Online Media
Industries › Manufacturing And Retail › Consumer Goods
People › Entertainment And Leisure › TV And Video And WebTV
People › Lifestyle › Food And Beverage
What do you think? Let us know!