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by doctorpangloss
1086 days ago
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This story is complex. If there was an obvious way for CMOs at major brands to distill this issue, such as a metric, they would do it. But instead, if they are brand advertising, they want a CPM that "looks right," and Google delivers that to them with garbage inventory. If they want pure return-on-advertising-spend, Google will show to people it knows will impulse buy, but the ads will be insanely expensive. You can't just arbitrage this as an ad buyer. Anyway, the agencies and media buyers in between the CMO and Google are aligned with Google, because they are paid a budget premium, so it's really their fault that they do not care about fraud. My disclosure is: I make a purely interactive ad product that only appears in first-party inventory like in social media feeds. In my opinion this is a non-issue if you... Make ads people like. Here's an example of a highly successful interactive ad creative: https://appmana.com/watch/virtualtestdrive - per 1 million visits, the average engagement time was 65s. A typical video ad has a median of 0s of watch time, and 2.1s on average (hence 5s YouTube ads). There's nothing new here. Even John Oliver will talk about ads people like: https://www.youtube.com/watch?v=8Kfx2fANELo. At the end of the day, either you make a good creative or you don't. Everything else is noise. |
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Super cool interactive ad BTW!