Is advertising dead, too?
Reading about the Google quarterly report yesterday gave me the subject of today's post. Google is seeing a continued slump in ad rates and reports are coming out that show that mobile and online advertising is not seen as much by consumers as some in the media have claimed. Yet budgets on mobile and online advertising are climbing fast. How long before advertisers realize they are not getting a decent ROI and start pulling back? Of course, the knee jerk reaction is that the medium is at fault. After all the content in the ads is the next thing to Shakespeare, right? It seems to me, and there are studies that back this up , that the approaches to content are still mired in the belief that online and mobile media are still "mass media" with the goal of reaching out the the lowest common denominator. Campaigns are fileld with the wrong content targeted at the wrong people most of the time, which marginalizes customers. We recently had a me...